For more information, click the Brochure button below. Vendor Financing Available. For sale in the beautiful seaside community of Cadboro Bay is the first of 2 brand new fully subdivided and registered vacant lots. 3944 Telegraph Bay Rd (formerly Lot B) is a 10,760 sq. ft RS-10 zoned lot fully serviced by Saanich with water, storm and sewer connections. This is a great opportunity to build your dream home close to the beach in a great family neighborhood. Enjoy your daily walk along the beach to Gyro Park, and Cadboro Bay Village. Convenient to local schools and UVic as well as the Victoria Yacht Club and Uplands Golf Course. Living in Cadboro Bay is hard to beat. Start building your dream home here.