Listings & Exclusive Offerings

10990 Madrona Dr, North Saanich, BC V8L 5R7
North Saanich - Victoria Area North Saanich V8L 5R7

$[***]
Commercial

4
Photo 1: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 2: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 3: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 4: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 5: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 6: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 7: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 8: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 9: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 10: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 11: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Photo 12: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
Status:
Active
Prop. Type:
Commercial
MLS® Num:
EXCLUSIVE
Bus Major:
Marina & Yacht Charters
Bus Minor:
Marina
INVESTMENT HIGHLIGHTS: Deep Cove Marina represents a rare opportunity to acquire a well-maintained, extensively renovated oceanfront marina with diversified income streams in one of Vancouver Island’s most supply-constrained marine markets, with a high barrier to entry. The property comprises two titled lots, a long-term foreshore lease, approximately 1,610 lineal feet of moorage, a 4,000 sq. ft. commercial building consist of office space and one residential unit. This offering includes a well-established yacht charter and sailing school operation. Moorage demand in the region remains exceptionally strong, with historically minimal vacancy, supporting stable diversified long-term income performance. INCOME SOURCES: * Moorage Revenue * Commercial Rental Income * Residential Rental Income * Yacht Charter Revenue * Sailing School Revenue ASSET OVERVIEW: * Land Size: 1.53 Acres * Moorage: Approx. 1,610 lineal feet * Occupancy: Little to no vacancy * Commercial Building: 4,000 sq. ft. * Commercial office space * One residential unit * Zoning: M-4 (Commercial Marina 2) * Marina Operation Business * Yacht Charters & Sailing School Business * Asset Sale and/or Share Sale LOCATION ADVANTAGE: * Strategically positioned within North Saanich * Minutes to Victoria International Airport * Minutes to BC Ferries – Swartz Bay Terminal * Close proximity to downtown Sidney * Approximately 34 km to Downtown Victoria This prime coastal location supports recreational boating, seasonal visitors, and year-round marine activity.
Price:
$[***]
Business (Major):
Marina & Yacht Charters
Property Type:
Commercial
Business (Minor):
Marina
MLS® Num:
Exclusive
Status:
Active
  • Photo 1: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    4
  • Photo 2: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    1
  • Photo 3: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    2
  • Photo 4: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    3
  • Photo 5: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    main2
  • Photo 6: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    IMG_8734.jpeg
  • Photo 7: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    IMG_8742.jpeg
  • Photo 8: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    IMG_8728.jpeg
  • Photo 9: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    IMG_8743.jpeg
  • Photo 10: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    IMG_8730.jpeg
  • Photo 11: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    aff53f_980d519f64d6449dbbe01c4462ce3e01~mv2_d_2458_1381_s_2.jpg.jpeg
  • Photo 12: 10990 Madrona Dr, North Saanich, BC V8L 5R7: North Saanich Office for sale (North Saanich - Victoria Area)
    1
Listed by CASM Global Real Estate Corporation
Data was last updated February 26, 2026 at 05:40 PM (UTC)
Jingru Cynthia Dong | CCIM | CFP | MBA | PREC
Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.