1541 McRae Ave, Saanich
SE Cedar Hill · Single Family Residence · MLS® 1037515 · Listed May 21, 2026
Welcome to 1541 McRae Ave, a fantastic opportunity in the heart of Victoria with space, flexibility, and income potential. This 5 bedroom home offers a thoughtful layout for families, multigenerational living, or those looking for added rental support. The main living area provides comfortable everyday living with generous bedroom space, while the lower level includes a self contained 1 bedroom suite, ideal for extended family, guests, or a mortgage helper. Set in a convenient Victoria location close to parks, schools, shops, transit, and everyday amenities, this property offers excellent versatility in a well connected neighbourhood. Whether you are upsizing, investing, or looking for a home with added flexibility, this home is full of potential.
| Property Type | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Interior | 2,540 sqft |
| Lot Size | 8,442 sqft (0.19 acres) |
| Lot Features | Rectangular Lot |
| Parking | 4 spaces |
| Year Built | 1951 |
| Fireplaces | 1 |
| Heating | Baseboard |
| Basement | Full |
| Exterior | Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Mixed |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $4,794.6 (2025) |
| Extras | Dryer, Oven/Range Electric, Refrigerator, Washer |
| MLS® # | 1037515 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
Cedar Hill single-family averages, updated daily. See Cedar Hill market stats or Saanich market stats.
It is listed at $1,150,000.
A Single Family Residence in SE Cedar Hill, Saanich with 5 bedrooms, 3 bathrooms, 2,540 sqft, built in 1951.
It has 4 parking spaces.
The lot is 8,442 sqft (0.19 acres).
Saanich is currently a seller's market: median sold price $1,200,000, 1.4 months of inventory, homes typically selling in about 37 days.
There are 10 houses for sale in Cedar Hill right now. Browse all Cedar Hill houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Cedar Hill is $1,200,000, based on 96 sales over the past 12 months. The median price per square foot is $560. Compare asking prices across the houses currently for sale in Cedar Hill.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 17, 2026.
