Industrial for Sale — Royal Oak, Saanich, BC
$8,490,000
759 Vanalman Ave, Saanich, BC V8Z3B8
Property details
Structured details
- Ownership
- Freehold
- Annual property tax
- $157,205.05
- Lot dimensions
- 0.99
- Parcel ID (PID)
- 003-766-799
Listing Information
- MLS®
- 1048554
- Listed
- September 12, 2026
- Time on market
- 2 days
- Data last synced
- September 14, 2026
- Source
- CREA DDF®
Description
Prime opportunity to acquire a 21,264 SF uniquely positioned flex industrial building on a 0.98-acre site in Saanich’s sought-after Royal Oak Industrial area. The well-maintained property offers a versatile mix of office, warehouse, and industrial space, with functional layouts, quality improvements, ample on-site parking, storage options, and excellent signage opportunities. Warehouse areas feature generous ceiling heights and grade-level loading, supporting a variety of storage, distribution, light industrial, and commercial uses. Ideally located with convenient access to Pat Bay Highway and Highway #1, providing efficient connectivity throughout Greater Victoria, the North Island, BC Ferries, and Victoria International Airport. An exceptional opportunity to acquire a substantial, well-positioned commercial asset in one of Saanich’s established industrial nodes. (id:63159)
Financing calculator
Estimate your monthly payment on the $8,490,000 asking price.
Financing details
- Monthly debt service
- $82,406
- Cash required at close
- $1,723,000
- DSCR
- —
- Cash-on-cash return (yr 1)
- —
Pure arithmetic, no market assumptions — informational only, not financial advice. Enter your own stated SDE/EBITDA above to see DSCR and cash-on-cash return.
Location
Local market size (Saanich)
- Population
- 117,735(+3.1% since 2016)
- Population density
- 1,136.5/km²
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population.
Education
- Bachelor's degree or higher
- 35.8%
- Postsecondary below bachelor's
- 25.6%
- High school diploma
- 28.2%
- No certificate/diploma
- 10.4%
Population aged 15 and over.
Commute
- Car, truck or van
- 77.2%
- Public transit
- 8.8%
- Walked
- 6.3%
- Bicycle
- 5.1%
- Other
- 2.7%
Commute duration
- Under 15 min
- 32.7%
- 15–29 min
- 50.1%
- 30–44 min
- 12.8%
- 45–59 min
- 2.3%
- 60+ min
- 2.1%
Employed labour force with a usual workplace.
Mother Tongue
Top 10 mother tongues reported (single responses).
Nearby Places
Parks (5+)
- Bernard Park389m
- Baxter Park413m
- Industrial Buffer Park428m
- Rogers Park547m
- Moor Park569m
Nearby places data: © OpenStreetMap contributors.
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All in Saanich →Frequently asked questions
What is the asking price for this business?
The asking price is $8,490,000.
Where is this business located?
This listing is located in Saanich, British Columbia.
How current is this listing?
This listing is sourced from the CREA Data Distribution Facility (DDF®) and refreshed nightly. It was last confirmed active on September 14, 2026.