3971 Cedarwood St, Saanich
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:1945)
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Property details for 3971 Cedarwood St, Saanich
- Type
- Residential
- Bedrooms
- 5
- Bathrooms
- 4
- Living Area
- 2,316 square feet
- Lot Size
- 6843
- Heating
- Baseboard heaters, Natural gas
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $5,284
Nearby Listings Stat
Estimated price and comparable properties near 3971 Cedarwood St
Active Listings
4
Min Price
$1,099,000
Max Price
$2,100,000
Avg Price
$1,561,000
Days on Market
24
days
Sold Listings
1
Min Sold Price
$1,799,900
Max Sold Price
$1,799,900
Avg Sold Price
$1,799,900
Days until Sold
105
days
Neighbourhood Census Data
Saanich, British Columbia / Colombie-Britannique
Population
669
Median Age
45.3
Median Income
$27,200
Dwelling Value
$599,354
Housing Tenure
Owners 57%
Renters 44%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.6
Pop. Density: 3,729.1/km²
Avg Shelter Cost: $1,226/mo
Owners with Mortgage: 44.4%
Owners Spending 30%+: 22.2%
Tenants Spending 30%+: 60%
English only: 85.8%
English and French: 8.2%
Neither: 6%
Median Household Income: $65,152
Median Employment Income: $23,360
Price History
Listed
August 15, 2026
by RE/MAX Camosun
Current Price
$1,099,000
-6.5% from last change
Type
Residential
For Sale
Price Changes
3
| Date | Price | Change |
|---|---|---|
| Current | $1,099,000 | $76,000 (-6.5%) |
| Sep 15, 2026 | $1,175,000 | $50,000 (-4.1%) |
| Aug 10, 2026 | $1,225,000 | $24,000 (-1.9%) |
| Jun 24, 2026 | $1,249,000 | Listed |
