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 $1,205,000, 1.4 months of inventory, homes typically selling in about 36 days.
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: Jul 26, 2026.
