10978 Cedar Lane, North Saanich
Swartz Bay · Single Family Residence · MLS® 1031341 · Listed Apr 9, 2026
PRICED BELOW ASSESSED VALUE — This is the one you've been waiting for. Just under an acre on a quiet no-through road in North Saanich, surrounded by a wall of hedges. This is the kind of property that makes you exhale the moment you pull into the driveway. The home is single-level and smartly laid out with over 2,100 sqft of living space including 3 bedrooms, 2 baths, and a bright solarium that spills onto a wide deck overlooking a completely private backyard. Fruit trees, willows, open grass, and not a roofline in sight. There's a double garage and a boat shed, because on the Saanich Peninsula, you're going to need them - Sidney's marinas, Swartz Bay, golf courses, and the best farm stands on the island are all minutes from your door. Nearly an acre of peace, privacy, and Peninsula living at a price the market rarely offers. Move quickly on this one!
| Property Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Interior | 2,130 sqft |
| Lot Size | 43,042.66 sqft (0.99 acres) |
| Lot Features | Acreage, Cleared, Easy Access, Irrigation Sprinkler(s), Landscaped, Marina Nearby, No Through Road, Park Setting, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Southern Exposure, Square Lot, See Remarks |
| Parking | 12 spaces (2 garage) |
| Year Built | 1990 |
| Fireplaces | 2 |
| Heating | Baseboard, Propane |
| Basement | Crawl Space |
| Exterior | Insulation All, Vinyl Siding |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Linoleum |
| Water | Municipal, Well: Drilled |
| Sewer | Septic System |
| Zoning | Residential |
| Taxes | $4,553.08 (2025) |
| Extras | Dishwasher, Dryer, F/S/W/D, Microwave, Refrigerator, Washer |
| MLS® # | 1031341 |
| Brokerage | Engel & Volkers Vancouver Island |
Similar properties sold within 6 months
Swartz Bay single-family averages, updated daily. See Swartz Bay market stats or North Saanich market stats.
10978 Cedar Lane, North Saanich sold on April 23, 2026, after 14 days on the market.
It sold for $1,326,000 (listed at $1,300,000). Source: BC Assessment (registered sale).
It was on the market for 14 days, from April 9, 2026 to April 23, 2026.
A Single Family Residence in Swartz Bay, North Saanich with 3 bedrooms, 2 bathrooms, 2,130 sqft, built in 1990.
It has 10 parking spaces.
The lot is 43,042.66 sqft (0.99 acres).
10978 Cedar Lane, North Saanich sold for $1,326,000, 0.4% below its BC-assessed value of $1,331,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 100%. Source: BC Assessment.
10978 Cedar Lane, North Saanich last changed hands from $1,315,000 (Jun 30, 2024) to $1,326,000 (Apr 11, 2026) — +0.8% over 1.8 years, about +0.5% per year. Source: BC Assessment.
North Saanich is currently a buyer's market: median sold price $1,303,000, 13.5 months of inventory, homes typically selling in about 44 days.
There are 9 houses for sale in Swartz Bay right now. Browse all Swartz Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Swartz Bay is $1,303,000, based on 18 sales over the past 12 months. The median price per square foot is $528. Compare asking prices across the houses currently for sale in Swartz Bay.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 30, 2026.