1512 McRae Ave
Saanich
V8P 1G5
$1,199,888
Residential
beds: 7
baths: 2.0
2,841 sq. ft.
built: 1971
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1031083
- Bedrooms:
- 7
- Bathrooms:
- 2
- Year Built:
- 1971
- Photos (37)
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This 7 bedroom, 2 bath home is conveniently located close to the University of Victoria, making it ideal for students looking for off campus housing. In 2025, the property generated $80K in gross revenue. In addition to the 7 bedrooms, there is a spacious living room, dining room & bonus room plus a kitchen & bathroom on each floor. The basement kitchen was added in 2019. A new landing & stairs to the spacious back yard was built in 2024. The generous layout & multiple living spaces make this home also perfect for a large family / extended family, offering flexibility & room to grow.The property is large & with the new provincial development density initiatives, up to 4 units can be built on the property (RS-6). The surrounding area is known for its tree-lined streets, nearby parks & strong community feel, while still being close to the university & recreation centres. Daily amenities, shopping & dining are also easily accessible, making this location both practical & highly desirable.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1971 (Age: 55)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,841 sq. ft.
- Main Building Living Area:
- 2,830 sq. ft.
- Listing General Location:
- SE Cedar Hill, Saanich East
- Bedrooms:
- 7
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 9,536 sq. ft.
- Kitchens:
- 2
- Taxes:
- Signup
- Building Features:
- Basement, Transit Nearby
- Construction:
- Stucco
- New Construction:
- No
- Basement:
- Finished, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Levels:
- 2
- Ceiling Heights:
- Signup
- Floor finish:
- Laminate
- Total Building Area:
- 3,239 sq. ft.
- Total Unfinished Area:
- 398 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 7
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 4
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # 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:
- 1,239 sq. ft.
- Living Area Main Floor:
- 1,602 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 4
- Fireplace Details:
- Family Room, Living Room, Recreation Room, Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Baseboard, Forced Air, Oil
- Fireplace:
- Yes
- Warranty:
- No
- Pending Date:
- Signup
- Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer
- Dining Room
- Blinds
- Fencing: Partial
- Split Level
- Floor
- Type
- Size
- 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:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 2
- 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:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- South
- Layout:
- Split Entry
- Lot Site Features:
- Central Location, Landscaped, Level, Near Golf Course, Rectangular Lot, Shopping Nearby, Southern Exposure
- Attached Garage:
- Yes
- Carport Spaces:
- 0
- Garage Spaces:
- 1
- Garage:
- Yes
- Parking Features:
- Attached, Driveway, Garage, On Street
- Total Parking Spaces:
- 5
- Total Units:
- Signup
- Date Listed:
- Apr 16, 2026
- Original Price:
- 1199888.0
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empty living room
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empty Living room
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UPPER KITCHEN
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UPPER KITCHEN
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UPPER KITCHEN
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UPPER KITCHEN
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Bonus Room empty
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Bonus Room Empty
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upper bedroom empty
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upper bedroom empty
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upper bedroom empty
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LOWER KITCHEN
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LOWER KITCHEN
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LOWER
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LOWER
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lower bedroom empty
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UPPER FLOOR PLAN
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LOWER FLOOR PLAN
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Virtual Tour
Listed by RE/MAX Camosun
Data was last updated April 16, 2026 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 46
- Avg list price:
- $949,000
- Min list price:
- $199,999
- Max list price:
- $2,450,000
- Avg days on market:
- 35
- Min days on market:
- 6
- Max days on market:
- 464
- Avg price per sq.ft.:
- $580.22
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.
- VancouverIslandProfessional Realty Group
- Royal LePage Advance Realty
- 250-895-9963
- viprealtygroupcr@gmail.com
Vancouver Island Professional Realty Group
Royal LePage Advance Realty
Let's discuss your next home sale or purchase, with no obligation.
viprealtygroupcr@gmail.com
Office Address:
972 Shoppers Row P.O Box 188
Campbell River, BC, V9W 5A9