May 23, 2026
10:00 AM
-
12:00 PM
PDT
1541 McRae Ave
Saanich
V8P 1G4
$1,150,000
Residential
beds: 5
baths: 3.0
2,540 sq. ft.
built: 1951
Open House
-
May 23, 2026
10:00 AM
-
12:00 PM
PDT
NOTES: Open House on Saturday, May 23, 2026 10:00AM - 12:00PM
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1037515
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 1951
- Photos (39)
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Welcome to 1541 McRae Ave, a fantastic opportunity in the heart of Victoria with space, flexibility, and income potential. This 5 bedroom home offers a thoughtful layout for families, multigenerational living, or those looking for added rental support. The main living area provides comfortable everyday living with generous bedroom space, while the lower level includes a self contained 1 bedroom suite, ideal for extended family, guests, or a mortgage helper. Set in a convenient Victoria location close to parks, schools, shops, transit, and everyday amenities, this property offers excellent versatility in a well connected neighbourhood. Whether you are upsizing, investing, or looking for a home with added flexibility, this home is full of potential.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1951 (Age: 75)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,540 sq. ft.
- Listing General Location:
- SE Cedar Hill, Saanich East
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 8,442 sq. ft.
- Kitchens:
- 2
- Taxes:
- Signup
- Construction:
- Wood
- New Construction:
- No
- Basement:
- Full
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,700 sq. ft.
- Total Unfinished Area:
- 160 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 2
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 936 sq. ft.
- Living Area Main Floor:
- 1,021 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 583 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 1
- Fireplace Details:
- Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Baseboard
- Fireplace:
- Yes
- Pending Date:
- Signup
- Dryer, Oven/Range Electric, Refrigerator, Washer
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- District of Saanich (SD61)
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 1
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Vacant
- Property Condition:
- Resale
- Exposure / Faces:
- North
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Rectangular Lot
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Open
- Total Parking Spaces:
- 4
- Total Units:
- Signup
- Date Listed:
- May 21, 2026
- Original Price:
- 1150000.0
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Virtual Tour
Virtual Tour 2
Listed by RE/MAX Camosun
Data was last updated May 22, 2026 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 60
- Avg list price:
- $999,000
- Min list price:
- $189,999
- Max list price:
- $2,450,000
- Avg days on market:
- 43
- Min days on market:
- 2
- Max days on market:
- 178
- Avg price per sq.ft.:
- $586.45
These statistics are generated based on the current listing's property type
and located in
SE Cedar Hill. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Chris Mann
- Engel & Völkers Vancouver Island
- 1 (250) 8896100
- Contact by Email