3958 Emerald Pl

Saanich, British Columbia · Neighbourhood: Arbutus
C$1,149,000

Local Decision Guide

How should buyers evaluate 3958 Emerald Pl?

Start by reading this listing in its Saanich Arbutus context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

For sale
3958 Emerald Pl
Sat Jun 6
10:00 AM - 11:30 AM

Remarks

Location, location, location! Welcome to this fantastic investment opportunity in the highly desirable Mt. Tolmie area — walking distance to UVic, Tuscany Village, parks, transit, and excellent schools including Campus View Elementary, Arbutus Global Middle School, and Mount Douglas Secondary. This versatile home offers incredible mortgage helper potential with flexible separate living spaces, each with its own entrance. The main level features a bright and spacious 3-bedroom layout, perfect for owner occupancy, while the lower level offers excellent flexibility for extended family, students, or rental income. Ideal for investors or buyers looking to live upstairs while generating strong income below. Situated on a quiet street in one of Victoria’s most sought-after neighbourhoods with strong rental demand, future potential, and long-term growth opportunity. The roof was replaced in 2025. A rare opportunity for both families and investors in an unbeatable location! 24 hours’ notice required for all showings. Please refer to supplements for tenant details. All measurements are approximate and buyers should verify if deemed important. (id:56153)

Property Details

House
Building Type
6
Bedrooms
3
Bathrooms
1966
Year Built
60 years
Age
9
Days on Site
7,795 sf
Lot Area
2,960 sqft
Interior Size
C$388
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29819060 (1037983)

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Site Context

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Property Summary

Price: C$1,149,000

Lot Area: 7,795 sf

PID: 001-572-202

Days on Site: 9 days

Added to BurnabyHouse: 2026-05-28

Updated on: 2026-06-03 11:02 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
Thrifty Foods
About 436 m away
1626 McKenzie Avenue
Fairway Market McKenzie
About 653.9 m away
1521 McKenzie Avenue, Victoria
Shopping Centres
Tuscany Village
About 379.3 m away
Shelbourne Village Square
About 836.2 m away
3749 Shelbourne Street, Saanich
Parks / Green Space
OAK BAY ISLANDS ECOLOGICAL RESERVE
About 4.5 km away
3094 · 00
TEN MILE POINT ECOLOGICAL RESERVE
About 4.7 km away
3066 · 00

Price History

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Sold Area Stats

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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