$799,000
4050 Grange Rd
Beds
0
Baths
—
Sqft
—
Year
1920
Type
Vacant Land
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Exceptional opportunity in a prime Saanich location, this approximately 65’ x 130’ lot offers incredible potential for future development or investment. Situated on a quiet residential street and connected to city sewer and water, the property may be well-suited for SSMUH options such as a duplex or fourplex (buyer to verify with the municipality). The existing home provides a functional footprint with a private setting surrounded by mature greenery, offering holding value while future plans are explored. The generous lot size, wide frontage, and level layout create flexibility for redevelopment in a highly desirable and established neighbourhood. Ideally located just minutes from Camosun College, Vic General Hospital, parks, walking trails, schools, shopping, and everyday amenities, this property combines convenience with long-term upside. A rare chance to secure land in a sought-after area with strong development potential. (id:65958)
- Subtype
- Vacant Land
- Community
- Marigold
- Common interest
- Freehold
- Lot size
- 8,712 square feet
- Lot dimensions
- 8712
- On market
- Apr 28, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $4,113.12
- Zoning
- Residential
- Photos
- 44
- MLS#
- 1033634
- Area
- SAANICH
Features and systems
Parking
Heating
Cooling
Lot
Cash on cash
-6.64%
Cap rate
3.54%
GRM
16.6
Break-even rent
$4,930
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.