Victoria Real Estate
11007 Cedar Lane photo 1 of 51
1 / 51

11007 Cedar Lane

$1,575,000

Swartz Bay

Detached5 bd · 4 ba · 2,679 sqftBuilt 1989$588/sqft6 days on market

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

About this home

Nestled on a private 1-acre lot in beautiful North Saanich, this beautifully renovated 5-bedroom, 4-bathroom home delivers the perfect blend of luxury, privacy, and flexibility for family living. Inside, vaulted ceilings, skylights, and light oak hardwood flooring create a bright, open-concept living space. A wood-burning stove in the family room warms the home in minutes, while the custom kitchen—featuring stainless steel appliances and quartz countertops—flows seamlessly into the main living area. The primary bedroom is a true private retreat, complete with a spa-inspired ensuite, soaker tub, and generous closet space. A guest suite (no stove) adds versatility, ideal for extended family, visitors, or income potential. Step outside to south-facing balconies and a covered gazebo capturing mountain and ocean views and overlooking a beautifully landscaped backyard with fruit trees, a vineyard, and blue and black berries. Additional features include two driveways, an 877 sq. ft. steel garage with concrete flooring, two garden sheds, two wood sheds, a new hot water tank, RV parking, an irrigation system, deer fencing, and future carriage house potential. Set on a quiet cul-de-sac, this exceptional property is just minutes from Sidney, the ferries, the airport, and some of the area's best restaurants—truly offering it all. (id:65179)

Property details

From the listing's public record.

Lot size

0.99 acres

Year built

1989

Taxes

$5,461/yr

Zoning

Residential

View

Mountain viewOcean view

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer

Heating

Baseboard heatersElectricWood

Lot

Cul-de-sacCurb & gutterPrivate setting

Style

Westcoast

Price history

5 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Jul 14, 2026

    Listed $1,575,000

    Active6 days on marketMLS 1042990
  2. May 10, 2026

    Listed $1,575,000

    Ddf_delisted19 days on marketMLS 1034659
  3. Mar 27, 2026

    Listed $1,599,000

    Cancelled26 days on marketMLS 1029832
  4. Feb 17, 2026

    Listed $1,699,000

    Cancelled38 days on marketMLS 1023644
  5. Mar 1, 2024

    $1,150,000

    Sold111 days on marketMLS 943839

How this listing compares

Based on 8 sales in Swartz Bay

Median sold

$1,250,000

Avg days on market

51 days

Avg sale-to-list

97.2%

Avg $/sqft

$421

Price per square foot

This home: $588/sqftArea average: $421/sqft

Above area average

Current market in Swartz Bay

Active (same type)

7

Pending

1

All active listings

8

Months of supply

10.5

Buyer's market10.5 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,272,000

Homes in North Saanich sell at 110.4% of assessed value on average.

Based on 163 recent sales.

Local price trend

How Swartz Bay has moved over the last decade.

456688Aug 2016Jul 2021Jun 2026

Local price index (normalized) · 116 months

Recent nearby sales

12 sales
  • 598 Meldram Dr

    $2,300,000

    3 bd · 2 ba · 2,681 sqft · $858/sqft · 10 days on market

    Sold Jul 17, 2026 · 93.9% of list

  • 845 Downey Rd

    $3,600,000

    7 bd · 10 ba · 29,179 sqft · $123/sqft · 54 days on market

    Sold Jul 17, 2026 · 96% of list

  • 11391 West Saanich Rd

    $1,615,000

    4 bd · 4 ba · 3,780 sqft · $427/sqft · 15 days on market

    Sold Jul 17, 2026 · 95.9% of list

  • 9236 Pinetree Rd

    $1,365,000

    7 bd · 5 ba · 5,194 sqft · $263/sqft · 15 days on market

    Sold Jul 17, 2026 · 101.5% of list

  • 10978 Cedar Lane

    $1,326,000

    3 bd · 2 ba · 3,498 sqft · $379/sqft · 14 days on market

    Sold Jul 16, 2026 · 102% of list

  • 10965 Madrona Dr

    $1,480,000

    3 bd · 3 ba · 2,103 sqft · $704/sqft · 39 days on market

    Sold Jul 15, 2026 · 99% of list

  • 1940 Brackman Way

    $1,050,000

    4 bd · 3 ba · 2,310 sqft · $455/sqft · 47 days on market

    Sold Jul 13, 2026 · 95.5% of list

  • 11379 West Saanich Rd

    $1,475,000

    3 bd · 2 ba · 2,784 sqft · $530/sqft · 186 days on market

    Sold Jul 10, 2026 · 95.2% of list

  • 10851 Deep Cove Rd

    $1,190,000

    3 bd · 2 ba · 1,806 sqft · $659/sqft · 22 days on market

    Sold Jul 10, 2026 · 95.3% of list

  • 1126 Highview Pl

    $2,400,000

    4 bd · 4 ba · 5,426 sqft · $442/sqft · 4 days on market

    Sold Jul 8, 2026 · 87.3% of list

  • 560 Salmon Rd

    $1,880,000

    6 bd · 5 ba · 6,540 sqft · $287/sqft · 28 days on market

    Sold Jul 7, 2026 · 99% of list

  • 10720 Derrick Rd

    $1,450,000

    5 bd · 3 ba · 4,685 sqft · $309/sqft · 33 days on market

    Sold Jul 6, 2026 · 90.9% of list

What would this home cost?

Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.

$
%
$

Toggle to enter as % or $ — the other field updates automatically.

%

We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.

Estimate

Monthly mortgage

Enter a rate to see the payment.

Loan amount

$1,575,000 − $315,000

$1,260,000

Down payment

20.0%

$315,000

Property Transfer Tax

$29,500

Legal / closing (est.)

$1,500

Cash to close

$346,000

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

Want a real rate?

Connect with a local mortgage broker for current rates and what you'd actually qualify for.

More on this listing

Interested in this home?

Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.

Powered by REALTOR.caListed by Coldwell Banker Oceanside Real Estate