Victoria Real Estate
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1193 Dignan Rd

$995,000

Brentwood Bay

Land— · — · —4 days on market

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About this home

Rare opportunity to acquire a prime development property on a level 100' x 120' lot situated near the end of a quiet cul-de-sac. Central Saanich has re-zoned this street to Residential Corridor (R-C) Zoning, supporting the municipality's vision for increased housing density. This generous site currently supports development of up to 6 townhomes under this new zoning, with potential for additional density through a variance process (buyer to verify). To accelerate your project, the sale includes concept plans for an 8-unit townhomes, along with a survey, engineering report, arborist report, and other valuable due diligence materials. Currently tenanted, providing holding income while development plans are finalized, or it could serve as a strategic land assembly opportunity. Please do not walk the property without listing agent present. An outstanding opportunity for developers, builders, or investors looking to capitalize on one of Central Saanich's emerging growth corridors. (id:65179)

Property details

From the listing's public record.

Lot size

12,060 square feet

Taxes

$5,398/yr

Zoning

Unknown

Heating

Baseboard heatersForced airOilElectric

Lot

Cul-de-sacLevel lot

Price history

6 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 6, 2026

    Listed $995,000

    Active4 days on marketMLS 1044984
  2. Aug 1, 2026

    Listed $995,000

    Active9 days on marketMLS 1044849
  3. Nov 7, 2025

    Listed $995,000

    Expired59 days on marketMLS 1020091
  4. Mar 19, 2025

    Listed $1,199,000

    Expired195 days on marketMLS 992526
  5. May 8, 2024

    Listed $1,450,000

    Expired184 days on marketMLS 963205
  6. Sep 30, 2019

    $650,000

    Sold2 days on marketMLS 818459

How this listing compares

Not enough recent sales in this area for reliable stats.

Current market in Brentwood Bay

Active (same type)

3

Pending

0

All active listings

37

Months of supply

36

Buyer's market36 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,018,000

Recent nearby sales

2 sales
  • 1208 Marchant Rd

    $510,000

    — · — · — · 223 days on market

    Sold May 15, 2026 · 88.7% of list

  • 1588 White Rd

    $1,000,000

    — · — · — · 28 days on market

    Sold Apr 28, 2026 · 93.5% of list

What would this home cost?

Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.

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We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.

Property Transfer Tax is shown at the standard rate for this property type. First-time and newly-built exemptions apply to principal residences — for vacant land, they may apply if you build and occupy a home here (the amount depends on land plus construction cost). Talk to us about your situation.

Estimate

Monthly mortgage

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Loan amount

$995,000 − $199,000

$796,000

Down payment

20.0%

$199,000

Property Transfer Tax

$17,900

Legal / closing (est.)

$1,500

Cash to close

$218,400

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

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