Property Type: Detached HouseOwnership: Freehold

948 McKenzie Ave

Saanich, BC V8X3G5

$1,270,000

10 bed6 bath5 parking4,289 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
House
Lot size
10,239 square feet
Zoning
Residential

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Strata / maintenance fee
$0/mo
Annual property tax
$5,096.36

Interior

Heating
Baseboard heaters, Electric, Natural gas
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
City view, Mountain view

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
KitchenOther
BedroomSecond level
BedroomMain level
PorchLower level
PatioLower level
BalconyThird level
StorageOther
BalconyOther
BathroomOther3-Piece
BedroomOther
BedroomSecond level13' x 14'
BedroomMain level11' x 13'
BedroomSecond level13' x 20'
BedroomMain level9' x 12'
EnsuiteSecond level4-Piece
EnsuiteMain level4-Piece
Eating areaMain level9' x 13'
BedroomLower level12' x 19'
BedroomLower level16' x 19'
BathroomSecond level3-Piece
BathroomMain level5-Piece
BathroomLower level4-Piece
Primary BedroomMain level14' x 14'
KitchenMain level11' x 13'
KitchenLower level11' x 16'
BalconyMain level10' x 37'
Dining roomMain level13' x 15'
Living roomMain level16' x 19'
StorageLower level
EntranceLower level10' x 12'

Listing Information

MLS®
1033487
Listed
April 25, 2026
Time on market
On the market for 128 days
Data last synced
August 28, 2026

Listing provided by: Pemberton Holmes Ltd. · Data source: CREA DDF.

Description

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 2 bedroom 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:63159)

Values & Trends

This listing

$296/sqft

Building average

No other active listings in this building

High Quadra average

$501/sqft

5 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)Secondary184 m
Rogers ElementaryElementary879 m
Reynolds SecondaryElementary911 m
Pacific Christian School(Independent)Elementary1.0 km
Lake Hill ElementaryElementary1.1 km
St. Margaret's(Independent)K-121.4 km
McKenzie ElementaryElementary1.5 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 Spot639 m

Cafes (2)

  • Starbucks662 m
  • Tim Hortons789 m

Grocery (4)

  • Jempoy's Lechon Victoria · 4087 Quadra Street548 m
  • Vicart · 4089 Quadra Street559 m
  • Thrifty Foods Quadra · 3995 Quadra Street633 m
  • Planet Organic Market669 m

Parks (5+)

  • Annie Park280 m
  • Unnamed299 m
  • Rainbow Park494 m
  • Rainbow Ridge Park499 m
  • Unnamed729 m

Shopping (1)

  • Saanich Centre647 m

Gyms (2)

  • Anytime Fitness766 m
  • Quadra Sports & Fitness · 3946 Quadra Street785 m

Pharmacies (1)

  • London Drugs681 m

Banks & ATMs (2)

  • Unnamed442 m
  • TD460 m

Nearby places data: © OpenStreetMap contributors.

School district: Victoria (SD61)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 8.0% ($102,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,016,000.00
Periodic payment — Principal & Interest (monthly)$6,554.89
Additional monthly expenses (strata, tax, utilities, etc.)$638.70
Total monthly cost$7,193.58
Interest paid over 5-yr term$291,188.52
Balance at end of term$913,895.29

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$102,000
Stress test qualifying rate8.09%
Payment you must qualify for$8,981.51

Cash Needed at Closing

Minimum down payment$102,000
Estimated BC PTT$23,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$126,900

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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