540 Marsett Place

Sold | Development Land | ± 1,181,783 SQFT | $8,500,000

The subject property was formerly a par 32, 2000 yard, 9-hole golf course for many years. The operations ceased in 2015. The remaining facility includes a former clubhouse with meeting rooms, equipment rental, restaurant facilities, and more. This is located near the entrance to the golf course at Marsett Place. The clubhouse includes the Royal View Dining Room with attached Outdoor Patio which seats 90-120 guests. It also includes the Golfer’s Lounge with Private Meeting Room seating up to 75 people.

The clubhouse is currently leased by a long term tenant who is a golf professional and uses the space for training and golf lessons.

This unique property of 27.13 acres, located at 540 Marsett Place in Victoria, BC is located in the beautiful district of Saanich within the prominent neighborhood of Royal Oak.

Former Royal Oak Golf Course

  • 27.13 Acres within the Royal Oak Community
  • Existing Clubhouse with Restaurant Facilities
  • Long-Term Development Potential
  • ALR – in area of suggested Exclusion Plan in the Royal Oak Local Area Plan




540 Marsett Place, Victoria,


± 1,181,783 SQFT


Development Land




The property is located approximately in the center of the District of Saanich in a neighborhood referred to as Royal Oak. The property has access off the terminus of Marsett Place which is a local road servicing the largely multifamily residential neighborhood.

The property is bounded on two sides (north and west) by Elk & Beaver Lake Regional Park and a combination of multi-family residential and institutional uses on its east and south flanks.

In view of the physical growth constraints in the Capital Regional District and the projected population growth, demand for developable land will continue increasing thus further inflating land value particularly on lots adjacent to urban areas and particularly in areas within proximity to downtown Victoria and other highly urbanized centers.

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Santanna Portman
Santanna Portman

Commercial Sales & Leasing

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This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.