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!
Address
3971 Cedarwood St
List Price
$1,249,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Saanich East
Sub-Area
SE Lambrick Park
Bedrooms
5
Bathrooms
4
Floor Area
2,316 Sq. Ft.
Lot Size
6843 Sq. Ft.
Lot Size (Acres)
0.16 Ac.
Year Built
1964
MLS® Number
1039536
Listing Brokerage
RE/MAX Camosun
Basement Area
Full, Unfinished, Walk-Out Access, With Windows
Postal Code
V8N 3N3
Tax Amount
$5,051.90
Tax Year
2025
Features
Carpet, Concrete, Dining/Living Combo, Dishwasher, Eating Area, Forced Air, Linoleum, Natural Gas, Oven/Range Electric, Refrigerator, Wood
Amenities
Balcony/Deck, Central Location, Family-Oriented Neighbourhood, Fenced, Low Maintenance Yard