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This 5 bedroom, 4 bathroom single family is listed for sale at $1,175,000 in Saanich, British Columbia. The property offers 2316.00 square feet of living space. Built in 1964. Lot size: 6,970 sq ft (0.16 acres).MLS® #1047016.
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!
Property features include: Dishwasher, Oven/Range Electric, Refrigerator.
Looking for homes for sale in Saanich? Browse Saanich real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the SE Lambrick Park neighborhood. Part of the Saanich East area.
Property Type
Single Family
Year Built
1964
Interior Size
2,316 sq ft
Lot Size
6,970 sq ft(0.16 acres)
Bedrooms
5
Bathrooms
4
Kitchens
Area
Saanich East
Neighborhood
Lambrick Park
Listed
Aug 14, 2026
MLS® Number
#1047016
View comprehensive market analysis for Cedarwood St including recent sales, pricing trends, and days on market statistics. Compare this property with other homes on the same street to better understand the local market.
View Cedarwood St Market ReportDiscover 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!

Dallas King
Personal Real Estate Corporation
RE/MAX Generation
Discover more properties and explore the Saanich East community, including the Lambrick Park neighborhood.
Prepared Buyer Program
Qualified Prepared Buyers receive a Premium at closing on purchases at this price.
~$7,375
* Estimated. Actual Premium confirmed per transaction prior to your first offer.
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