3960 Cherrilee Cres, Saanich
SE Cadboro Bay · Single Family Residence · MLS® 1041758 · Listed Jun 27, 2026
Beautiful views from this renovated Cadboro Bay home on a quiet, friendly street less than a 10 minute walk to Cadboro Bay Village, Gyro Park beach, Mystic Vale trails, UVic, parks, transit, and schools. Extensively updated upstairs and down, this move-in ready home features a huge open main floor with a new Urbana designed custom kitchen with quartz countertops, heat pump with heating and cooling, and gas fireplaces on both floors. Spacious living and dining areas open to a huge sundeck, perfect for entertaining while taking in beautiful views of the beach, ocean, mountains, and yacht club. The lower level offers a fully self-contained legal 1-bedroom suite with in-suite laundry and optional access to the main home, ideal for in-laws, nanny accommodation, or extra income. Also on the lower level is a 3rd bedroom/office and a large rec room that opens up to the huge back yard. A new 10.35KW solar panel array was installed in 2025 for added efficiency.
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 2 |
| Interior | 2,700 sqft |
| Lot Size | 10,338 sqft (0.24 acres) |
| Lot Features | Level, Rectangular Lot |
| Parking | 4 spaces (2 garage) |
| Year Built | 1961 |
| Fireplaces | 2 |
| Heating | Baseboard, Heat Pump, Natural Gas |
| Basement | Finished, Full, Walk-Out Access, With Windows |
| Exterior | Shingle-Other, Stone |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Laminate, Tile |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $7,807 (2025) |
| Extras | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| MLS® # | 1041758 |
| Brokerage | Century 21 Queenswood Realty Ltd. |
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Cadboro Bay single-family averages, updated daily. See Cadboro Bay market stats or Saanich market stats.
It is listed at $1,699,000.
A Single Family Residence in SE Cadboro Bay, Saanich with 4 bedrooms, 2 bathrooms, 2,700 sqft, built in 1961.
It has 2 parking spaces.
The lot is 10,338 sqft (0.24 acres).
3960 Cherrilee Cres, Saanich was originally listed at $1,765,000, then reduced to $1,699,000 (3.7% reduction).
Saanich is currently a seller's market: median sold price $1,675,000, 2.7 months of inventory, homes typically selling in about 44 days.
There are 8 houses for sale in Cadboro Bay right now. Browse all Cadboro Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Cadboro Bay is $1,675,000, based on 49 sales over the past 12 months. The median price per square foot is $742. Compare asking prices across the houses currently for sale in Cadboro 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 8, 2026.