2 days on Market

1512 MCRAE AVENUE, Saanich, British Columbia V8P1G5

Detached
3 + 4
2
~2841 sqft
$1,199,888
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Detached
3 + 4
2
~2841 sqft

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Highlights

Property Estimate

Days on market2 days

Estimated valueNot available

Price/Sqft$422/sqft

Monthly cost

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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. (id:39198)


Property Details

StyleHouse
View-
Age of property1971
SqFt~2841 SqFt
Lot Size-
Parking Spaces5
MLS ®Number1031083
Community NameShelbourne
Data SourceCREA
Listing byRE/MAX Camosun

Features

Heating: Baseboard heaters, Forced air, Oil

Main level Floor

Bedroom

10 x 10

Bedroom

11 x 11

Primary Bedroom

12 x 11

Bonus Room

14 x 25


Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

Apr 16, 2026
ListedActive
$1,199,888
2 days on market
history photo preview37
Listing by crea®
Property listed by RE/MAX Camosun, Brokerage
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Population and Demographics

Overview

Total population 12543
Average household income $123,390

Age (%)

0 to 19
17%
20 to 34
25%
35 to 49
18%
50 to 64
18%
65 and plus
21%

Household composition (%)

Single family
53%
Single person
35%
Multi person
12%
Multi family
0%

Mother tongue (%)

English
83%
Mandarin
4%
Others
3%
Yue (Cantonese)
2%
Tagalog (Pilipino, Filipino)
1%
Spanish
1%
French
1%
Korean
1%

House tenancy (%)

Owners
57%
Renters
43%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget

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