Cadboro Bay, Saanich · MLS® 1052806
533
2,865 sq ft · 8,959 sq ft lot · House · Single Family · built 1954 · 9 days on market
listed by Jessica Salter, Alexandrite Real Estate Ltd.
Location, location, location! Tucked away on a quiet, lovely street in the heart of Cadboro Bay, this spacious and sun filled home offers an incredible opportunity to enjoy one of Victoria's most sought after neighbourhoods. Just a short stroll to Cadboro Bay Village, Gyro Beach, parks & excellent schools, the lifestyle here is hard to beat! The bright and welcoming main level features four bedrooms, two bathrooms, beautiful hardwood floors and plenty of space for the whole family. Step outside to a sunny deck accessible from both the dining room and primary bedroom, overlooking a wonderfully spacious and usable backyard, perfect for kids, pets, summer gatherings and birthday parties! Downstairs, a bright two-bedroom suite with its own laundry offers excellent flexibility for extended family or additional income. With Maynard Park just steps away and UVic within walking distance, everything you love about Cadboro Bay is right at your doorstep. A special property in an exceptional location!
20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing.
Costs: mortgage $6,601 · tax $582 · insurance ~$175 · vacancy 3% · upkeep 5%.
Suite rent is today's market rent for a 2-bedroom in Saanich: CMHC's average there ($2,104) raised by what new tenants pay against everyone in the Victoria area, then down 1.9% with Victoria's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.
Catchment schools, Greater Victoria School District 61
400 m away · 3875 Haro Rd, Victoria · 250-477-1804
1.2 km away · 2306 Edgelow St, Victoria · 250-477-1878
2.0 km away · 3970 Gordon Head Rd, Victoria · 250-477-6977
From the Greater Victoria School District 61's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.
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| year | assessed | est. tax |
|---|---|---|
| 2026 | $1,342,000 | $6,979 |
The listing shows $6,979 a year in property tax.
Estimate: the BC Assessment value times Saanich's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.
Houses in Saanich, registered sales in the last 6 months (BC Assessment) against each home's last asking price on the MLS®. Sale prices register 1 to 3 months after a sale closes.
lot outline: 833 m² (8,966 sq ft) · PID 002-057-590. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.
Walkability 77/100 · Walkable: many errands on foot
Within a 10 minute walk: 1 grocery store, 3 places to eat or drink, 3 cafes, 14 parks and playgrounds, 2 schools, 1 pharmacy, 16 transit stops.
mihom score from OpenStreetMap places, by straight line distance.