3971 Cedarwood St, Saanich
SE Lambrick Park · Single Family Residence · MLS® 1039536 · Listed Jun 5, 2026
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 | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Interior | 2,316 sqft |
| Lot Size | 6,843 sqft (0.16 acres) |
| Lot Features | Central Location, Family-Oriented Neighbourhood |
| Parking | 5 spaces |
| Year Built | 1964 |
| Fireplaces | 1 |
| Heating | Forced Air, Natural Gas |
| Basement | Full, Unfinished, Walk-Out Access, With Windows |
| Exterior | Stucco |
| Roof | Fibreglass Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Concrete, Linoleum, Wood |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $5,051.9 (2025) |
| Extras | Dishwasher, Oven/Range Electric, Refrigerator |
| MLS® # | 1039536 |
| Brokerage | RE/MAX Camosun |
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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: Jul 3, 2026.
