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.

Interior Features Of 1512 McRae, Cedar Hill, Saanich East

Dining Room

Appliances Included:

Dishwasher, Dryer, Microwave, Oven/Range Electric, Refrigerator, Washer

Exterior Features Of 1512 McRae, Cedar Hill, Saanich East

Fencing: Partial

Lot Features Of 1512 McRae, Cedar Hill, Saanich East

Central Location, Landscaped, Level, Near Golf Course, Rectangular Lot, Shopping Nearby, Southern Exposure

Location Features:

Basement, Transit Nearby

Listed by RE/MAX Camosun.