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Open House: Sat & Sun, April 11 & 12 | 12–2 PM Exceptional investment opportunity in one of Victoria’s most desirable rental locations—just steps from the University of Victoria. With consistently high demand from students, faculty, and young professionals, this property offers a rare combination of location, flexibility, and income potential. Designed with versatility in mind, the home features multiple self-contained living spaces, making it ideal for investors or homeowners looking to offset their mortgage. The main level offers a spacious layout with three well-sized bedrooms plus a den that can easily serve as a fourth bedroom or home office. A bright and welcoming living area with a fireplace adds comfort and charm. The lower level includes a self-contained one-bedroom suite with an additional den, providing excellent rental flexibility. At the rear of the property, a detached garden bachelor suite creates an additional independent living space—perfect for maximizing rental income or accommodating extended family. Key updates have been completed to enhance efficiency and long-term value, including a gas furnace, gas hot water system, upgraded windows, and a new hot water tank. The seller will also be installing a brand-new roof, offering added peace of mind for future owners. The property also features generous on-site parking, including space suitable for multiple vehicles and RV parking—an uncommon advantage in this prime location. Whether you’re a seasoned investor or entering the market for the first time, this property delivers strong income potential, flexible living arrangements, and an unbeatable location near UVic, transit, and everyday amenities. (id:24212)
Full Address:
1776 Mckenzie Avenue, Saanich, British Columbia
Price:
$ 1,050,000
MLS Number:
1030014
List Date:
April 8th, 2026
Neighbourhood:
Gordon Head
Lot Size:
8505 ac
Year Built:
1920
Taxes:
$ 5,561
Ownership Type:
Freehold

Property Specifications

Bedrooms:
7
Bathrooms:
3
Appliances:
Washer, Refrigerator, Stove, Dryer
Air Conditioning:
None
Heating:
Forced air, Electric, Natural gas
Fireplaces:
1

Interior Features

Architectural Style:
Character
Zoning:
Residential
Garage Spaces:
8

Building Features

Finished Area:
2874 sq.ft.
Rooms:

Floors

Lot Size:
8505 ac
Lot Features:
Rectangular

Land

Neighbourhood Features

Ratings

Commercial Info

Location

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Neighbourhood Details

Agent: Varun SharmaBrokerage: Pemberton Holmes Ltd.

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