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3971 Cedarwood St in Saanich: SE Lambrick Park Single Family Residence for sale (Saanich East) : MLS®# 1039536

3971 Cedarwood St Saanich V8N 3N3 : SE Lambrick Park

Main Photo: 3971 Cedarwood St in Saanich: SE Lambrick Park Single Family Residence for sale (Saanich East)  : MLS®# 1039536banner
$1,249,000
Prop. Type:
Residential
MLS® Num:
1039536
Status:
Active
Bedrooms:
5
Bathrooms:
4
Year Built:
1964
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 Type:
Residential
Type:
Single Family Residence
Year built:
1964 (Age: 62)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
Switch units of measure2,316 sq. ft.
Listing General Location:
SE Lambrick Park, Saanich East
Bedrooms:
5
Bathrooms:
4.0 (Full:-/Half:-)
Lot Size:
Switch units of measure6,843 sq. ft.
Kitchens:
3
Taxes:
Building Features:
Basement, Transit Nearby
Construction:
Stucco
New Construction:
No
Basement:
Full, Unfinished, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Ceiling Heights:
Switch units of measure
Floor finish:
Carpet, Concrete, Linoleum, Wood
Total Building Area:
Switch units of measure2,724 sq. ft.
Total Unfinished Area:
Switch units of measure408 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
2
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
3
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
2
# Other Level Kitchens:
0
Living Area Lower Floor:
Switch units of measure1,113 sq. ft.
Living Area Main Floor:
Switch units of measure1,203 sq. ft.
Living Area Other Floor:
Switch units of measure0 sq. ft.
Living Area 2nd Floor:
Switch units of measure0 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 sq. ft.
Fireplaces:
1
Fireplace Details:
Living Room, Wood Burning Stove
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Forced Air, Natural Gas
Fireplace:
Yes
Pending Date:
Dishwasher, Oven/Range Electric, Refrigerator
Dining/Living Combo, Eating Area
Balcony/Deck, Fenced, Low Maintenance Yard
Main Level
0
Yes
No
Unrestricted
Floor
Type
Dimensions
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Lower Level
Lower Level
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
3
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
North
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Central Location, Family-Oriented Neighbourhood
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Attached, Carport
Total Parking Spaces:
5
Total Units:
Date Listed:
Jun 05, 2026
Original Price:
1249000.0
Listed by RE/MAX Camosun
Data was last updated June 6, 2026 at 04:05 AM (UTC)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.