Prime Development Opportunity in the Heart of Esquimalt! Seize this rare chance to acquire a flat, fully-graded bare lot located in a sought-after residential neighborhood. Perfectly positioned along a major transit and commuter route, this property offers unmatched development potential with preliminary discussions supporting the construction of 8 to 9 modern, 3-storey townhomes (buyer to verify). Flat & Ready – The lot is fully graded and primed for construction. Serviced at the Lot Line – Water, sewer, and hydro all readily available. Excellent Location – Walkable to schools, parks, shopping, and just minutes to downtown Victoria. High-Demand Area – This thriving, family-friendly neighborhood is perfect for long-term investors or experienced builders looking to capitalize on Victoria’s strong housing market. Whether you're an experienced developer or a visionary investor, this is a golden opportunity to bring a standout townhouse project to life in a prime, high-visibility location.
Data was last updated July 20, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$899,900
Min list price:
$549,000
Max list price:
$1,650,000
Avg days on market:
41
Min days on market:
18
Max days on market:
123
Avg price per sq.ft.:
$554.52
These statistics are generated based on the current listing's property type
and located in
Es Gorge Vale. Average values are
derived using median calculations. This data is not produced by the MLS® system.