Property Type: Detached HouseOwnership: Freehold

4379 Shelbourne St

Saanich, BC V8N3G4

$1,395,000

5 bed3 bath4 parking2,555 sqftBuilt 1975
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Property Details

Property & Lot

Sub-type
House
Lot size
7,800 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$5,970.43

Interior

Heating
Baseboard heaters, Electric, Propane
Cooling / A/C
None
Fireplace
Yes (2)

Parking

Total spaces
4

Room Dimensions

RoomLevelDimensions
BedroomLower level12'7 x 8'3
Living roomMain level17'0 x 13'7
Dining roomMain level13'2 x 8'4
KitchenMain level10'8 x 12'5
BathroomMain level4-Piece
Primary BedroomMain level13'0 x 11'5
EnsuiteMain level2-Piece
BedroomMain level8'1 x 10'5
BedroomMain level10'5 x 7'9
EntranceMain level3'7 x 6'2
Recreation roomLower level14'1 x 37'1
BedroomLower level12'7 x 7'7
KitchenAdditional Accommodation12'4 x 11'1
EntranceLower level5'0 x 5'0
Living roomAdditional Accommodation12'5 x 13'2
BathroomLower level4-Piece

Listing Information

MLS®
1041400
Listed
July 1, 2026
Time on market
On the market for 61 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty · Data source: CREA DDF.

Description

*Open House Sat 1pm-3pm* Living in the Shelbourne area of Saanich means everyday convenience is right at your doorstep, with UVic, parks, schools, shopping, cafés, recreation, and transit all within easy reach. This flexible and well-maintained home offers over 2,500 sqft of finished living space, creating opportunities for families, investors, multi-generational living, or those seeking a mortgage helper in a highly desirable location. The bright main level features comfortable living and dining areas, a beautifully renovated kitchen, renovated bathrooms, and three bedrooms, including a primary bedroom with ensuite. Fresh paint and all new appliances upstairs create a move-in ready feel. One of the standout features is the expansive rear deck, a space the current owners truly enjoyed, offering plenty of room for outdoor dining, entertaining, or simply relaxing while overlooking the private backyard. Downstairs, the self-contained 2-bedroom suite provides excellent income potential and flexibility for students, extended family, or guests. Both the suite and main home are currently VACANT, giving buyers the freedom to move in, rent out, or customize the property to suit their needs from day one. Adding even more value is the impressive studio/flex space, separate from the main living area and ideal as a rec room, media room, art studio, workshop, home gym, teen hangout, home office, or creative workspace. This versatile bonus area is difficult to find and opens the door to countless possibilities. Major updates include a newer roof, newer perimeter drains, new driveway, renovated kitchen and bathrooms upstairs, fresh interior paint, all new appliances upstairs, and a newer hot water tank. A rare opportunity to secure a move-in ready property with income potential, bonus flex space, and an exceptional location close to UVic and all the amenities that make this neighbourhood so sought after. (id:63159)

Values & Trends

This listing

$546/sqft

Building average

No other active listings in this building

Gordon Head average

$625/sqft

27 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

7

1/9 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
Gordon Head Middle SchoolElementary965 m
Lambrick Park SecondarySecondary1.1 km
Torquay ElementaryElementary1.2 km
ArtsCalibre Academy(Independent)Elementary/Middle1.4 km
Hillcrest ElementaryElementary1.9 km
Braefoot ElementaryElementary2.0 km
St. Margaret's(Independent)K-122.0 km
Maria Montessori Academy(Independent)Elementary2.1 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

Parks (4)

  • Harvest Lane Park273 m
  • Majestic Park401 m
  • PKOLS (Mount Douglas Park)660 m
  • Bisley Park739 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.)$625.54
Total monthly cost$7,825.59
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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