987 Nicholson St, Saanich
Lake Hill · Single Family Residence · MLS® 1044952 · Listed Aug 19, 2026
This wonderful family home in the sought-after Lake Hill area offers space, updates, and flexibility. The main floor features two bedrooms, a bathroom, a dining area, and a bright living room with original oak hardwood floors. The new kitchen opens onto a generous deck overlooking the fully fenced, south-facing backyard. The lower level offers three additional bedrooms, a second bathroom, a gym, a spacious laundry room, and new vinyl flooring. Also, a recently constructed loft suite, provides character and opportunity for extended family, guests, or rental income. Additional updates include a heat pump, new gutters, and updated perimeter drains. Situated on a large corner lot on a quiet street, this home is conveniently located near schools, UVic, parks, walking trails, shopping, and public transit. With plenty of indoor and outdoor living space, this is a rare opportunity to own a versatile home in a highly desirable neighbourhood.
| Property Type | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Interior | 2,637 sqft |
| Lot Size | 8,242 sqft (0.19 acres) |
| Lot Features | Corner Lot, Curb & Gutter, Private |
| Parking | 5 spaces |
| Year Built | 1964 |
| Fireplaces | 2 |
| Heating | Forced Air, Heat Pump |
| Basement | Finished, Full, Walk-Out Access, With Windows |
| Exterior | Insulation: Ceiling, Insulation: Walls, Stucco, Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Hardwood, Laminate, Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $5,136 (2025) |
| Extras | Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer |
| MLS® # | 1044952 |
| Brokerage | Pemberton Holmes Ltd. |
63 homes sold in Lake Hill in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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63 homes sold in Lake Hill in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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Similar properties sold within 6 months
63 sales in Lake Hill in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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63 sales in Lake Hill in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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Lake Hill single-family averages, updated daily. See Lake Hill market stats or Saanich market stats.
It is listed at $1,400,000.
A Single Family Residence in SE Lake Hill, Saanich with 5 bedrooms, 3 bathrooms, 2,637 sqft, built in 1964.
It has 5 parking spaces (Driveway).
The lot is 8,242 sqft (0.19 acres).
Saanich is currently a seller's market: median sold price $1,180,000, 2 months of inventory, homes typically selling in about 28 days.
There are 6 houses for sale in Lake Hill right now. Browse all Lake Hill houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Lake Hill is $1,180,000, based on 63 sales over the past 12 months. The median price per square foot is $544. Compare asking prices across the houses currently for sale in Lake Hill.
NOTE: 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. Data last updated: Sep 22, 2026.
