**WATERFRONT LOT on Cadboro Bay.** Low-bank, beach-level oceanfront property located in one of Victoria’s most desirable coastal settings. This is a LAND ONLY sale and is priced at lot value; construction costs are excluded. The 10,445 sq.ft. parcel offers unobstructed water views and represents an extensively de-risked low-bank waterfront development opportunity with significant pre-development work completed. Approvals include Saanich Board of Variance approval for an 8.19 m (26.9 ft) height variance, approved archaeological permit (Site DcRt-9), and demolition permit. Structural engineer approval to utilize the existing foundation has also been obtained. Flood study, geotechnical and soil engineering reports, and hazardous materials assessment have been completed. New perimeter drainage installed. Architectural plans and conceptual renderings by Step One Design available for reference. Buyer to verify all details and approvals to their own satisfaction.