3950 Carey Rd
SW Tillicum Saanich V8Z 4E2

$4,950,000
Commercial Sale built: 1969

Main Photo: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
Photo 1: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
Photo 2: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
Photo 3: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
Photo 4: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
Photo 5: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
Photo 6: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
Photo 7: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
Photo 8: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1038869
Year Built:
1969
3950 Carey benefits from its highly centralized location and in place industrial zoning. Located beside major regional transportation routes such as McKenzie Avenue, the Trans Canada Highway and the Patricia Bay Highway, the property has been home to a commercial bakery for many years. The existing bakery is expanding into a new building and will be providing vacant possession with all bakery equipment removed leaving an improved shell. This property provides an expansive floor plan with dock loading, ample power and upside with the utility of a 2nd floor that can be used for manufacturing or offices.
Property Type:
Commercial Sale
Type:
Industrial
Commercial Type:
Building, Land
Year built:
1969 (Age: 57)
Lease Type:
Sale of Assets
Listing General Location:
SW Tillicum, Saanich West
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.918 acre(s)
Taxes:
$73,297.54 / 2025
Number of Storeys:
4
Door Features:
Warehouse Doors: 2
Total Building Area:
23 sq. ft.
Leasable Area:
23,312 sq. ft.
Commercial Area:
Core (excl Downtown)
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
3631300.0
Assessment year:
2026
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
LOT 3, PLAN VIP33254, SECTION 50, VICTORIA LAND DISTRICT
Zoning:
M-5
Units in Building:
10
Parking Features:
On Site
Total Parking Spaces:
24
Total Units:
10
Date Listed:
Jun 01, 2026
Original Price:
4950000.0
  • Photo 1: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
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  • Photo 2: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
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  • Photo 3: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
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  • Photo 8: 3950 Carey Rd in Saanich: SW Tillicum Industrial for sale (Saanich West)  : MLS®# 1038869
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Listed by Colliers
Data was last updated June 2, 2026 at 04:05 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,087,000
Min list price:
$55,000
Max list price:
$4,400,000
Avg days on market:
127
Min days on market:
7
Max days on market:
318
These statistics are generated based on the current listing's property type and located in Saanich West. Average values are derived using median calculations. This data is not produced by the MLS® system.
Jeremy Zdrill
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.