$1,599,000
4037 Nelthorpe St
Beds
7
Baths
7
Sqft
—
Year
2017
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Step inside this thoughtfully built residence with 7 bedrooms and 7 bathrooms, and discover a home that blends modern construction, premium finishes, and lasting quality. Built with Quacent Structural Insulated Panels (SIPs) — recognized for their superior strength, energy efficiency, and eco-friendly design — this property offers a healthier, tighter living environment with ultra-low formaldehyde emissions and sustainably sourced wood. The interior showcases solid wood doors on the main and lower levels, a chef-inspired kitchen with wood cabinetry and marble countertops, soaring high ceilings, and a spacious crawl space outfitted with storage units and two hot water tanks. This is a home designed to last while providing comfort and elegance. Adding versatility and value, the property features a legal 3-bedroom suite with its own dedicated electrical panel — perfect for extended family living, hosting guests, or creating a steady rental income stream. Outdoors, the residence transforms into a gardener’s paradise. The backyard and side yard are laid out with large, on-ground garden plots supported by a drip irrigation system that waters every zone automatically. A greenhouse, tool shed, and a spacious gazebo extend the gardening season and create an inviting space for alfresco dining or tranquil evening gatherings. Whether you’re cultivating vegetables, flowers, or landscaping artistry, this outdoor haven is ready for you. Highlights at a glance Built with Quacent SIPs for strength, efficiency, and eco-healthy living 7 bedrooms, 7 bathrooms with premium finishes and high ceilings Legal 3-bedroom suite with separate electrical panel, Rent is $3300. Gardener’s dream: large planting plots, greenhouse, tool shed, drip irrigation, and gazebo (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- High Quadra
- Common interest
- Freehold
- Living area
- 3,433 square feet
- Lot size
- 6,179 square feet
- Lot dimensions
- 6179
- Parking
- 4 total
- Fireplace
- 1
- On market
- Apr 2, 2026
- Status changed
- Apr 18, 2026
- Annual tax
- $6,370.43
- Zoning
- Residential
- Photos
- 38
- MLS#
- 1030903
- Area
- SAANICH
Features and systems
Heating
Cooling
Lot
Cash on cash
-6.35%
Cap rate
3.59%
GRM
16.7
Break-even rent
$9,782
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.