For Sale · Saanich · Single Family

$995,000

4043 Shelbourne St, Saanich

Beds

Baths

2,420

Sq Ft

1967

Built

About This Home

The details.

Opportunity knocks in one of Saanich's most convenient and sought-after locations. Situated along the Shelbourne corridor just minutes from UVic, shopping, parks, schools, and transit, this revenue-generating property offers flexibility for investors, holding buyers, or those looking to add value over time. Currently configured as a 4 bedroom main residence plus a self-contained 1 bedroom suite, the home generates strong rental income with both suites tenanted. The functional layout offers just over 2,400 sqft across two levels, including spacious living areas, generous bedrooms, a large deck, and ample parking. This property presents an opportunity to renovate, continue as an income property, or explore future development possibilities in this rapidly evolving neighbourhood. A chance to secure a well-located property with immediate revenue and long-term upside. (id:66635)

Summarizing the highlights...

MLS® 1042048Listing courtesy of Engel & Volkers Vancouver IslandView on map

Property Details

Facts & features.

Property type: Single Family
Ownership: Freehold
Year built: 1967
Size: 2,420 sqft
Lot size: 7,420 square feet
Parking: 6 spaces
Listed on: 2026-07-02
Days on market: 13
MLS number: 1042048
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

$4,653

$796,000 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)

$4,653

Cash flow

-$4,653

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

Saanich right now

215

Active listings

217

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.