$1,398,000
948 McKenzie Ave
Beds
9
Baths
6
Sqft
—
Year
1981
Type
Single Family
Suite
Suite potential
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Tucked away off McKenzie Street, this exceptional and well-cared-for home offers over 4,000 sq ft of flexible living space—perfect for large families, multi-generational living, or savvy investors. With 9 bedrooms, 5 bathrooms, and 3 kitchens, the possibilities here are endless. The lower level features a bright 1-bedroom-plus suite with full-height ceilings, while the main floor offers 4 spacious bedrooms, 2 bathrooms, a generous kitchen with eating area and deck access, plus separate dining and family rooms. Upstairs, you’ll find 3 additional bedrooms, 2 bathrooms, and a rec room opening onto a massive view deck overlooking the city, Olympic Mountains, and Swan Lake. A separate-entry studio adds even more flexibility for guests, family, or rental income. Set on a large lot with plenty of space for kids and pets, plus ample parking for multiple vehicles and an RV, this home delivers outstanding value in today’s market. A rare opportunity you won’t want to miss! The large lot provides ample yard space for kids and pets, and the property offers plenty of parking for multiple vehicles and an RV. With its functional layout and impressive square footage, you won't find anything comparable at this price. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- High Quadra
- Common interest
- Freehold
- Living area
- 4,289 square feet
- Lot size
- 10,239 square feet
- Lot dimensions
- 10239
- Parking
- 5 total
- Condo/HOA fee
- $0 monthly
- Fireplace
- 1
- On market
- Apr 25, 2026
- Status changed
- Apr 28, 2026
- Annual tax
- $5,096.36
- Zoning
- Residential
- Photos
- 36
- MLS#
- 1033487
- Area
- SAANICH
Features and systems
Heating
Cooling
Lot
View
Cash on cash
-6.37%
Cap rate
3.59%
GRM
16.6
Break-even rent
$8,563
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Saanich. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 28, 2026.