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.
Address
1541 Mcrae Ave
List Price
$1,150,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Saanich East
Sub-Area
SE Cedar Hill
Bedrooms
5
Bathrooms
3
Floor Area
2,540 Sq. Ft.
Lot Size
8442 Sq. Ft.
Lot Size (Acres)
0.19 Ac.
Year Built
1951
MLS® Number
1037515
Listing Brokerage
RE/MAX Camosun
Basement Area
Full
Postal Code
V8P 1G4
Tax Amount
$4,794.60
Tax Year
2025
Features
Baseboard, Dryer, Mixed, Oven/Range Electric, Refrigerator, Washer
Amenities
Rectangular Lot
