For Sale · Saanich · Single Family

$1,225,000

3971 Cedarwood St, Saanich

Beds

Baths

2,316

Sq Ft

1964

Built

About This Home

The details.

Discover the ultimate flexibility at 3971 Cedarwood Street, a prime revenue-generating property in the heart of Saanich. This home is thoughtfully configured into 3 separate units—perfect for an owner-occupier seeking mortgage assistance or an extended family needing independent living spaces or revenue generating investment property. Enjoy a quiet, tree-lined setting in Gordon Head with unmatched convenience. You are steps away from Lambrick Park’s recreation facilities, Shelbourne Street amenities, & top-tier schools. The location offers an effortless commute for UVic students & staff, plus easy access to local beaches. Features include ample parking, an EV charger, and high perpetual rental demand, making this an intelligent financial investment. Live comfortably in one unit while generating premium income from the others to drastically lower your monthly costs. This is a rare opportunity to secure a versatile property in a sought-after community. Call today to book your showing! (id:66635)

Summarizing the highlights...

MLS® 1039536Listing courtesy of RE/MAX CamosunView on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1964
Size: 2,316 sqft
Lot size: 6,843 square feet
Parking: 5 spaces
Listed on: 2026-06-05
Days on market: 40
MLS number: 1039536
Data source: Victoria Real Estate Board

July Value

What this home is worth.

Calculating a July Value estimate...

Realtor Recommended

JULY advisors for this home.

Bart Pukacz
Real Estate Advisor
Residential, Investment Properties, Presale Condos
Profile 604.721.1439
Han Lee
Real Estate Advisor
Residential, Investment Properties, Luxury Properties
Profile
Iñaki Sarmiento
Real Estate Advisor
Residential, Investment Properties
Profile 778.954.6254

My Notes

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Location

Where it sits.

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Run The Numbers

Mortgage and cash flow.

Mortgage calculator.

Home priceDown payment20%Rate (%)Amortization

Monthly mortgage payment

$5,729

$980,000 financed over 25 years at 5%. For guidance only, not a quote or approval.

Cash flow analysis.

Property tax / moMaintenance / moRental income / mo

Monthly cost (mortgage + tax + maintenance)

$5,729

Cash flow

-$5,729

Estimates for education only. Talk to a JULY advisor for real numbers on this home.

Saanich right now

221

Active listings

223

New this week

$1,089,000

Median asking price

Live snapshot from the MLS® feed. Sold-price history and trend charts arrive with our VOW data feed.

The Neighbourhood

Living in Saanich.

Household and demographic stats for Saanich, from the Statistics Canada 2021 Census.

117,735
Population (2021): 44.4
Median age: 48,045
Households: 2.4
Avg household size: 69.2%
Home ownership: $93,000
Median household income

Saanich market trends

Source: Statistics Canada 2021 Census, Saanich, District municipality, British Columbia.

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Listing information is provided courtesy of the Canadian Real Estate Association's Data Distribution Facility (DDF®) and is deemed reliable but is not guaranteed accurate by JULY Realty or CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA.