Property Type: Detached HouseOwnership: Freehold

941 McKenzie Ave

Saanich, BC V8X3G8

$899,000

5 bed2 bath5 parking1,989 sqftBuilt 1955
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Property Details

Property & Lot

Sub-type
House
Lot size
6,000 square feet
Zoning
Residential

RS-10

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$4,447

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
Yes (1)
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer

Exterior & Lot

Lot features
Other

Building

Parcel ID (PID)
005-664-721

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
BathroomMain level4-Piece
PorchMain level3'8 x 16'11
BedroomMain level9'7 x 9'9
Primary BedroomMain level10'1 x 12'10
BedroomMain level9'1 x 10'1
Living roomMain level12'6 x 20'1
Dining roomMain level8'5 x 10'11
KitchenMain level9'2 x 12'4
EntranceMain level3'7 x 8'10
StorageLower level8'4 x 10'1
Laundry roomLower level13'10 x 17'6
BedroomLower level10'6 x 13'8
Primary BedroomLower level11'2 x 12'7
Living room/Dining roomLower level12'7 x 21'7
KitchenLower level10'3 x 12'9
BathroomLower level4-Piece

Listing Information

MLS®
1047506
Listed
August 22, 2026
Time on market
On the market for 9 days
Data last synced
August 31, 2026

Listing provided by: RE/MAX Camosun · Data source: CREA DDF.

Description

A Wonderful Opportunity for homeowners, investors or families looking for Exceptional Value! This well maintained 1955 built home has approx. 1989 sf of comfortable living featuring 5 BR's and 2 BA's including a separate self contained 2 BR inlaw suite ( 7' ceilings ) that serves as an excellent mortgage helper or multigeneration accommodation. There's 3 BR ( 1 without a closet ) on the main level, a modern kitchen with attractive cabinetry, beautiful oak h/w floors and warmth and character throughout. Abundant natural light and newly repainted interior. Step outside to enjoy a large south facing deck, shared laundry and storage lies beneath the deck ( both rebuilt 2 yrs ago ). Flat level 6000 sf lot with 4 additional vehicle parking at the back, plus a single car garage. Outdoor storage shed, a small garden area, 200 amp electrical, upgraded thermo windows, and updated b/b heaters. A great location to many everyday amenities. A great combination of Value, Space and Location. (id:63159)

Values & Trends

This listing

$452/sqft

Building average

No other active listings in this building

Swan Lake average

$631/sqft

6 active listing(s)

Parking: 5 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Victoria (University of)

13°C

Humidity 83%

Wind WNW 2 km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

117,735

(2021 Census)

+3.1% since 2016

Density: 1,136.5/km²

Dwellings: 50,064

Median household income: $93,000

After-tax: $83,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • China3.5% · 4,110
  • United Kingdom3.2% · 3,760
  • India2.3% · 2,650
  • Philippines1.7% · 1,995
  • United States of America1.4% · 1,655
  • Germany0.6% · 730
  • Hong Kong0.6% · 720
  • Viet Nam0.5% · 540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

37

8/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
St Andrew's Regional High(Independent)Secondary163 m
Rogers ElementaryElementary910 m
Reynolds SecondaryElementary929 m
Pacific Christian School(Independent)Elementary1.0 km
Lake Hill ElementaryElementary1.2 km
McKenzie ElementaryElementary1.4 km
St. Margaret's(Independent)K-121.4 km
Glanford Middle SchoolElementary1.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Restaurants (1)

  • White Spot655 m

Cafes (1)

  • Starbucks685 m

Grocery (4)

  • Jempoy's Lechon Victoria · 4087 Quadra Street626 m
  • Vicart · 4089 Quadra Street637 m
  • Thrifty Foods Quadra · 3995 Quadra Street656 m
  • Planet Organic Market692 m

Parks (5+)

  • Annie Park271 m
  • Unnamed276 m
  • Rainbow Park442 m
  • Rainbow Ridge Park505 m
  • Unnamed672 m

Shopping (1)

  • Saanich Centre672 m

Gyms (2)

  • Quadra Sports & Fitness · 3946 Quadra Street777 m
  • Anytime Fitness791 m

Pharmacies (1)

  • London Drugs713 m

Banks & ATMs (2)

  • Unnamed481 m
  • TD498 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Mortgage & Ownership Cost Calculator

Minimum required: 7.2% ($64,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$719,200.00
Periodic payment — Principal & Interest (monthly)$4,640.03
Additional monthly expenses (strata, tax, utilities, etc.)$469.58
Total monthly cost$5,109.62
Interest paid over 5-yr term$206,124.79
Balance at end of term$646,922.73

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$64,900
Stress test qualifying rate8.09%
Payment you must qualify for$6,413.94

Cash Needed at Closing

Minimum down payment$64,900
Estimated BC PTT$15,980
Legal / closing costs (typical estimate)$1,500
Total cash needed$82,380

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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