Krista MacDonald   

Krista MacDonald
Office:250 477-5353
Cell:250 588-0494
Toll Free:1 800-461-5353

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1512 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East) : MLS®# 1031083

1512 McRae Ave Saanich V8P 1G5 : SE Cedar Hill

Main Photo: 1512 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1031083banner
$1,199,888
Prop. Type:
Residential
MLS® Num:
1031083
Status:
Active
Bedrooms:
7
Bathrooms:
2
Year Built:
1971
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:
Existing Lease Expiry:
Living Area:
Switch units of measure2,841 sq. ft.
Main Building Living Area:
Switch units of measure2,830 sq. ft.
Listing General Location:
SE Cedar Hill, Saanich East
Bedrooms:
7
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
Switch units of measure9,536 sq. ft.
Kitchens:
2
Taxes:
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:
Switch units of measure
Floor finish:
Laminate
Total Building Area:
Switch units of measure3,239 sq. ft.
Total Unfinished Area:
Switch units of measure398 sq. ft.
Commercial Area:
# 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:
Switch units of measure1,239 sq. ft.
Living Area Main Floor:
Switch units of measure1,602 sq. ft.
Living Area Other Floor:
Switch units of measure0 sq. ft.
Living Area 2nd Floor:
Switch units of measure0 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 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:
Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer
Dining Room
Blinds
Fencing: Partial
Split Level
Floor
Type
Dimensions
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Units in Building:
Units in Community:
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:
Date Listed:
Apr 16, 2026
Original Price:
1199888.0
Listed by RE/MAX Camosun
Data was last updated April 17, 2026 at 04:05 PM (UTC)
KRISTA MACDONALD
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.