ATTENTION DEVELOPERS & BUILDERS! A rare opportunity to acquire a conditionally approved 3-lot subdivision in the highly sought-after Queenswood & Cadboro Bay area. This project features generously sized lots. Lot A: 1,404 m² (15,113 sq. ft.), Lot B: 988 m² (10,635 sq. ft.), Lot C: 1,017 m² (10,947 sq.ft.) Located in one of Southern Vancouver Island’s most exclusive seaside communities, this property presents an exceptional opportunity for executive home development. With the new SSMUH regulations, you can apply to build up to 6 dwelling units on the existing property, up to 12 dwelling units (4 per lot) upon subdivision (Buyer to verify with Saanich). Prime Location & Lifestyle, just minutes from Gyro Beach Park, UVIC, top-rated schools, an award-winning grocery store, coffee shops, a pub, walking trails, and a vibrant mix of local shops, this is a location that truly offers it all. Bonus: Existing Home & Garage The meticulously maintained 6+ bedroom, 4-bathroom home includes a 3-car garage, perfect for automotive enthusiasts, with one over-height drive-thru service bay. This makes it an excellent holding property or a strategic real estate investment. Opportunities like this are extremely rare. Contact us today for more details and an information package!