Property Type: Detached HouseOwnership: Freehold

3832 Pitcombe Pl

Saanich, BC V8N4B9

$1,395,000

3 bed3 bath2 parking2,478 sqftBuilt 1955
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Property Details

Property & Lot

Sub-type
House
Lot size
6,500 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,958.67

Interior

Heating
Heat Pump, Baseboard heaters, Electric
Cooling / A/C
Air Conditioned
Fireplace
Yes (1)

Parking

Total spaces
2

Room Dimensions

RoomLevelDimensions
StudioOther
Living roomLower level
KitchenLower level
EntranceLower level
BathroomLower level4-Piece
Laundry roomLower level
OtherLower level
BathroomLower level4-Piece
Living roomLower level
KitchenLower level
EntranceLower level
Primary BedroomMain level
BedroomMain level
BedroomMain level
BathroomMain level5-Piece
KitchenMain level
Eating areaMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1044228
Listed
July 25, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: Royal LePage Coast Capital - Oak Bay · Data source: CREA DDF.

Description

Rarely does Cadboro Bay offer this much FLEXIBILITY. 2 blocks from the Village, 4 from the ocean, & 2 from UVic, this is a home that lets you LIVE WELL & EARN INCOME at the same time. The main residence is PRIVATE & BRIGHT, with hardwood floors, an updated kitchen, a generous living room anchored by a fireplace & its own laundry. A covered deck opens to a patio & hedged, fully fenced yard spaces - a detached office is a perfect bunkie or work from home spot. Below, TWO complete SELF-CONTAINED studio suites, each with full kitchen, 4-piece bath & entry; sharing a laundry room between them. One is tenanted; the second is VACANT on possession & joined to the main floor by existing stairs, ready to rent, to welcome family, or to be reclaimed as your own living space. The costly work is long done - perimeter drains, roof, electrical, heat pump & windows. For the multigenerational family, the investor, or the buyer who has waited for Cadboro Bay on their terms. (id:63159)

Values & Trends

This listing

$563/sqft

Building average

No other active listings in this building

Cadboro Bay average

$1,055/sqft

4 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Victoria (University of)

13°C

Humidity 83%

Wind WNW 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

117,735

(2021 Census)

+3.1% since 2016

Density: 1,136.5/km²

Dwellings: 50,064

Median household income: $93,000

After-tax: $83,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • China3.5% · 4,110
  • United Kingdom3.2% · 3,760
  • India2.3% · 2,650
  • Philippines1.7% · 1,995
  • United States of America1.4% · 1,655
  • Germany0.6% · 730
  • Hong Kong0.6% · 720
  • Viet Nam0.5% · 540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

5/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Frank Hobbs ElementaryElementary209 m
Arbutus Global Middle SchoolElementary1.0 km
Campus View ElementaryElementary1.7 km
Mount Douglas SecondarySecondary1.7 km
Maria Montessori Academy(Independent)Elementary1.8 km
St. Michaels University School(Independent)K-122.4 km
ArtsCalibre Academy(Independent)Elementary/Middle2.5 km
Hillcrest ElementaryElementary2.6 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (2)

  • Mutsuki-An Japanese Restaurant · 2560A Sinclair Road228 m
  • Thai Lemongrass · 3838 Cadboro Bay Road256 m

Cafes (5+)

  • Jusu · 2560 Sinclair Road234 m
  • Olive Olio's · 3840 Cadboro Bay Road269 m
  • Moka House · 1849b Cadboro Bay Road319 m
  • Side Project Coffee650 m
  • Munchie Bar669 m

Grocery (1)

  • Pepper's Foods · 3829 Cadboro Bay Road318 m

Parks (5+)

  • Maynard Park296 m
  • Goward Park451 m
  • Cadboro-Gyro Park551 m
  • Unnamed613 m
  • Haro Woods Park659 m

Pharmacies (1)

  • Heart Pharmacy · 3825 Cadboro Bay Road318 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 8.2% ($114,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,116,000.00
Periodic payment — Principal & Interest (monthly)$7,200.05
Additional monthly expenses (strata, tax, utilities, etc.)$703.89
Total monthly cost$7,903.94
Interest paid over 5-yr term$319,848.81
Balance at end of term$1,003,845.61

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$114,500
Stress test qualifying rate8.09%
Payment you must qualify for$9,846.60

Cash Needed at Closing

Minimum down payment$114,500
Estimated BC PTT$25,900
Legal / closing costs (typical estimate)$1,500
Total cash needed$141,900

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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