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Victoria Mansions For Sale

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Block 1241 Malahat (Off) Hwy
ML Malahat Proper Malahat V0R 2W3

$19,999,900
Commercial Sale

Main Photo: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 1: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 2: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 3: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 4: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 5: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 6: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 7: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 8: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 9: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 10: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 11: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 12: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 13: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 14: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 15: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 16: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 17: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 18: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Photo 19: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1033201
Premier 360-acre holding forming part of a rare 400-acre contiguous land assembly on the Malahat, one of Southern Vancouver Island’s most significant development opportunities. Strategically located just 15 minutes from Langford and Greater Victoria, this expansive parcel offers scale, highway frontage, and long-term upside. Zoned RUR-1 with a Forest Resource designation, it supports resource use today while positioning for future rezoning. Approximately 22 acres are designated for industrial use, enhancing flexibility for a mixed-use vision. Combined with the adjacent 40-acre Settlement Area parcel in the CRD, this assembly presents compelling potential for a master-planned community incorporating residential, commercial, and light industrial uses. Strong exposure to the Trans-Canada Highway, proximity to a former rail corridor, and potential for future access further elevate the opportunity. A landmark land banking or development asset in a rapidly growing corridor.
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
ML Malahat Proper, Malahat & Area
Bathrooms:
- (Full:-/Half:-)
Lot Size:
360.002 acre(s)
Taxes:
Ceiling Heights:
Commercial Area:
Fireplace:
No
Pending Date:
Mountain(s), Valley, Ocean
Nthbnd from Victoria up TC Hwy1, left to Sth Shawnigan Lake - highway frontage, follow hydro lines in; or top via end of Finalyson View Place.
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
Duncan Rural (765)
Legal Description:
Zoning:
RUR-1 - Rural Resource
Units in Building:
Units in Community:
Lot Site Features:
Acreage, Cul-De-Sac, Easy Access, Hillside, Marina Nearby, Park Setting, Private, Recreation Nearby, Rural Setting, In Wooded Area, Wooded, See Remarks
Parking Features:
On Site
Total Units:
Date Listed:
Apr 23, 2026
Original Price:
1.99999E7
  • Photo 1: Block 1241 Malahat (Off) Hwy in Malahat: ML Malahat Proper Unimproved Land for sale (Malahat & Area)  : MLS®# 1033201
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Listed by RE/MAX Camosun
Data was last updated May 10, 2026 at 10:05 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$2,124,900
Min list price:
$649,000
Max list price:
$19,999,900
Avg days on market:
60
Min days on market:
2
Max days on market:
250
These statistics are generated based on the current listing's property type and located in Malahat & Area. Average values are derived using median calculations. This data is not produced by the MLS® system.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.