





Price
$1,399,900
Bedrooms4 Beds
Bathrooms3 Baths
Size3183 sqft
Year Built1965
Property TypeDetached Home
Property Taxes$7,003
Welcome to 997 Karen Crescent - a rare opportunity in one of Saanich’s most sought-after locations. This 2,884sf hillside home sits on a generous 17,554sf lot within the Saanich Official Community Plan’s Primary Growth Area. For developers, the property offers outstanding potential: current zoning supports subdivision with the possibility of up to four townhomes per lot — as many as eight in total (buyer to confirm with authorities). For homeowners, the residence offers multiple living spaces, room to grow, and a two-bedroom suite ideal for family or as a mortgage helper. Stroll to Swan Lake Nature Sanctuary, bike the Galloping Goose trail, or catch rapid transit minutes away. Shopping, dining, and everyday conveniences at Saanich Plaza are also close at hand. You’ll feel surrounded by nature while enjoying urban accessibility! With its unique blend of redevelopment potential and livability, 997 Karen Crescent is more than a home — it’s an investment in lifestyle and future value. (id:39198)
The listing brokerage and/or agent is Coldwell Banker Oceanside Real Estate
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
$5,613 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,119,920
Total Interest Payments
$690,499
Total Payment (Principal + Interest)
$1,810,419
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive

Realtors

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.