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1512 McRae Ave
Saanich
V8P 1G5
$1,200,000
Residential
beds: 7
baths: 2.0
2,841 sq. ft.
built: 1971
SOLD OVER THE LISTING PRICE!
- Status:
- Sold
- Sold Date:
- May 25, 2026
- Sold Price:
- $1,200,000
- Sold in:
- 39 days
- Prop. Type:
- Residential
- MLS® Num:
- 1031083
- 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)
- 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:
- $5,812.42 / 2025
- 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
- Floor finish:
- Laminate
- Total Building Area:
- 3,239 sq. ft.
- Total Unfinished Area:
- 398 sq. ft.
- # 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:
- Apr 24, 2026
- Date Sold:
- May 25, 2026
- Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer
- Dining Room
- Blinds
- Fencing: Partial
- Split Level
- Floor
- Type
- Size
- Other
- Main Floor
- Deck
- 11' × 8'
- Main Floor
- Dining Room
- 11' × 11'
- Main Floor
- Bedroom
- 11' × 11'
- Main Floor
- Bedroom
- 10' × 10'
- Main Floor
- Bedroom - Primary
- 12' × 11'
- Main Floor
- Entrance
- 6' × 4'
- Main Floor
- Kitchen
- 13' × 11'
- Main Floor
- Bonus Room
- 25' × 14'
- Main Floor
- Living Room
- 17' × 14'
- Lower Level
- Patio
- 14' × 7'
- Lower Level
- Bedroom
- 10' × 10'
- Lower Level
- Dining/Living Combo
- 11' × 11'
- Lower Level
- Bedroom
- 16' × 13'
- Lower Level
- Bedroom
- 14' × 12'
- Lower Level
- Patio
- 30' × 7'
- Lower Level
- Kitchen
- 11' × 9'
- Lower Level
- Bedroom
- 11' × 9'
- Lower Level
- Garage
- 27' × 11'
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 4
- 4-Piece
- Lower Level
- No
- 4
- 4-Piece
- Assessed:
- 1199000.0
- Assessment year:
- 2026
- Jurisdiction name:
- District of Saanich (SD61)
- Legal Description:
- PARCEL A, LOT 5, PLAN VIP3830, SECTION 35, VICTORIA LAND DISTRICT, (DD 51122W)
- 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:
- 0
- Date Listed:
- Apr 16, 2026
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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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Listed by RE/MAX Camosun, sold on May, 2026
Data was last updated May 26, 2026 at 06:05 PM (UTC)
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- eXp Realty
- 250-590-1775
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