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NEXT Open House details
May 23, 2026 10:00 AM - 12:00 PM PDT

1541 McRae Ave
SE Cedar Hill Saanich V8P 1G4

$1,150,000
Residential beds: 5 baths: 3.0 2,540 sq. ft. built: 1951

Main Photo: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 1: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 2: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 3: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 4: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 5: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 6: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 7: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 8: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 9: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 10: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 11: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 12: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 13: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 14: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 15: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 16: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 17: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 18: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 19: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 20: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 21: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 22: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 23: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 24: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 25: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 26: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 27: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 28: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 29: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 30: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 31: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 32: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 33: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 34: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 35: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 36: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 37: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 38: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Photo 39: 1541 McRae Ave in Saanich: SE Cedar Hill Single Family Residence for sale (Saanich East)  : MLS®# 1037515
Open House - May 23, 2026
10:00 AM - 12:00 PM PDT
NOTES: Open House on Saturday, May 23, 2026 10:00AM - 12:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
1037515
Bedrooms:
5
Bathrooms:
3
Year Built:
1951
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:
Residential
Type:
Single Family Residence
Year built:
1951 (Age: 75)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,540 sq. ft.
Listing General Location:
SE Cedar Hill, Saanich East
Bedrooms:
5
Bathrooms:
3.0 (Full:-/Half:-)
Lot Size:
8,442 sq. ft.
Kitchens:
2
Taxes:
Construction:
Wood
New Construction:
No
Basement:
Full
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Ceiling Heights:
Floor finish:
Mixed
Total Building Area:
2,700 sq. ft.
Total Unfinished Area:
160 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
5
# Main Level Bedrooms:
2
# Second Level Bedrooms:
2
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
1
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
1
# 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:
936 sq. ft.
Living Area Main Floor:
1,021 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
583 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer To Lot
Additional Accommodations:
Exists
Cooling:
None
Heating:
Baseboard
Fireplace:
Yes
Pending Date:
Dryer, Oven/Range Electric, Refrigerator, Washer
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
2nd Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
1
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:
Vacant
Property Condition:
Resale
Exposure / Faces:
North
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Rectangular Lot
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Open
Total Parking Spaces:
4
Total Units:
Date Listed:
May 21, 2026
Original Price:
1150000.0
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Virtual Tour

Virtual Tour 2

Listed by RE/MAX Camosun
Data was last updated May 22, 2026 at 12:05 AM (UTC)
Area Statistics
Listings on market:
60
Avg list price:
$999,000
Min list price:
$189,999
Max list price:
$2,450,000
Avg days on market:
43
Min days on market:
2
Max days on market:
178
Avg price per sq.ft.:
$586.45
These statistics are generated based on the current listing's property type and located in SE Cedar Hill. Average values are derived using median calculations. This data is not produced by the MLS® system.
CLAIRE SARGINSON
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.