Property Type: Detached HouseOwnership: Freehold

3941 Larchwood Dr

Saanich, BC V8N5L5

$1,098,000

4 bed3 bath4 parking1,885 sqftBuilt 1976
Get Directions

Property Details

Property & Lot

Sub-type
House
Lot size
6,770 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,887.29

Interior

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

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
PatioLower level
StorageLower level
DenLower level
BathroomLower level3-Piece
Utility roomLower level
KitchenLower level
BedroomLower level
Recreation roomLower level
BedroomMain level
BedroomMain level
Primary BedroomMain level
BathroomMain level
BathroomMain level
KitchenMain level
Dining roomMain level
Living roomMain level
EntranceMain level

Listing Information

MLS®
1047155
Listed
August 20, 2026
Time on market
On the market for 11 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.

Description

Traditional 4/5 bed, 3 bath family home situated on a generous corner lot in the Lambrick Park neighbourhood. The main floor encompasses 3 bedrooms, including primary with walk-in closet, 2 piece ensuite, full bathroom, cozy living room with fireplace, separate dining area and kitchen with views to the back garden. There is also direct access to the large double deck from this level overlooking the sun filled, fully fenced back garden. The full height lower level supports a large recreation/family room, bedroom, kitchenette, Office/Den, laundry and bathroom. Other features include recent perimeter drain replacement, a 50 year warranted metal roof, heat pump and updated windows on the upper level. Centrally located within a short walk to UVIC, shopping, transit and all levels of schools. (id:63159)

Values & Trends

This listing

$582/sqft

Building average

No other active listings in this building

Lambrick Park average

$568/sqft

5 active listing(s)

Parking: 4 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)

12°C

Humidity 89%

Wind NNW calm 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

33

6/9 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
Campus View ElementaryElementary446 m
Mount Douglas SecondarySecondary471 m
Maria Montessori Academy(Independent)Elementary606 m
Cedar Hill MiddleElementary1.0 km
Lambrick Park SecondarySecondary1.2 km
ArtsCalibre Academy(Independent)Elementary/Middle1.2 km
Arbutus Global Middle SchoolElementary1.3 km
Gordon Head Middle SchoolElementary1.4 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 (1)

  • Lee's House Asian Fusion Bistro728 m

Cafes (2)

  • Tim Hortons665 m
  • Tim Hortons · 3990 Shelbourne Street690 m

Grocery (2)

  • Thrifty Foods · 1626 McKenzie Avenue539 m
  • Fairway Market McKenzie · 1521 McKenzie Avenue783 m

Parks (3)

  • Onyx Park475 m
  • Blair Park514 m
  • Fairburn Park573 m

Pharmacies (2)

  • Rexall449 m
  • University Heights Pharmacy729 m

Banks & ATMs (2)

  • RBC404 m
  • CIBC · 3959 Shelbourne Street586 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.7% ($84,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$878,400.00
Periodic payment — Principal & Interest (monthly)$5,667.14
Additional monthly expenses (strata, tax, utilities, etc.)$584.61
Total monthly cost$6,251.75
Interest paid over 5-yr term$251,751.96
Balance at end of term$790,123.64

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$84,800
Stress test qualifying rate8.09%
Payment you must qualify for$7,791.15

Cash Needed at Closing

Minimum down payment$84,800
Estimated BC PTT$19,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$106,260

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.

Request more information