$1,199,888
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1512 McRae Ave, Saanich

Saanich, BC V8P 1G5
MLS® 1031083
7
Bedrooms
2
Bathrooms
2,841
Sq Ft
1971
Year Built
1
Days on Market

Description

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 Details

Property Type Residential
Property Sub Type Single Family Detached
Listing ID 1031083
Status Active
City Saanich
Area Saanich East
Sub-Area SE Cedar Hill
Postal Code V8P 1G5
Property Taxes $5,812.42 (2025)
Garage Spaces 1
Parking Total 5
Facing South
Water Municipal
Sewer Sewer To Lot
Heating Baseboard,Forced Air,Oil
Fireplaces 4
Fireplace Type Family Room,Living Room,Recreation Room,Wood Burning
Appliances Dishwasher,Dryer,Microwave,Oven/Range Electric,Refrigerator,Washer
Interior Features Dining Room
Exterior Features Fencing: Partial
Construction Stucco
Roof Asphalt Shingle
Foundation Poured Concrete
Basement Finished,Walk-Out Access,With Windows
Laundry In House
Listed Date Apr 16, 2026
Ownership Freehold
Lot Size 0.22 acres

Rooms

Room Level Dimensions Description
Bathroom Main level 4-Piece
Bedroom Main level 10 ft x 10 ft
Bedroom Main level 11 ft x 11 ft
Bonus Room Main level 14 ft x 25 ft
Dining room Main level 11 ft x 11 ft
Entrance Main level 6 ft x 4 ft
Kitchen Main level 13 ft x 11 ft
Living room Main level 17 ft x 14 ft
Primary Bedroom Main level 12 ft x 11 ft

Building Details

Additional Information

Features Central location, Level lot, Southern exposure, Other, Rectangular
Land Size 9536 sqft
Building Type House
Interior Size 2841 sqft
Transaction For sale

Location