Rarely does Cadboro Bay offer this much FLEXIBILITY. 2 blocks from the Village, 4 from the ocean, & 2 from UVic, this is a home that lets you LIVE WELL & EARN INCOME at the same time.
The main residence is PRIVATE & BRIGHT, with hardwood floors, an updated kitchen, a generous living room anchored by a fireplace & its own laundry. A covered deck opens to a patio & hedged, fully fenced yard spaces - a detached office is a perfect bunkie or work from home spot.
Below, TWO complete SELF-CONTAINED studio suites, each with full kitchen, 4-piece bath & entry; sharing a laundry room between them. One is tenanted; the second is VACANT on possession & joined to the main floor by existing stairs, ready to rent, to welcome family, or to be reclaimed as your own living space without lifting a hammer.
The costly work is long done - perimeter drains, roof, electrical, heat pump & windows.
For the multigenerational family, the investor, or the buyer who has waited for Cadboro Bay on their terms.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1955
(Age: 71)
Living Area:
2,478 sq. ft.230 m2
Listing General Location:
SE Cadboro Bay, Saanich East
Bedrooms:
3
Bathrooms:
3.0
(Full:-/Half:-)
Lot Size:
6,500 sq. ft.604 m2
Kitchens:
3
Construction:
Frame Wood, Insulation All, Insulation: Ceiling, Insulation: Walls, Wood
New Construction:
No
Basement:
Finished, Full, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter, Slab
Roof:
Asphalt Shingle
Other Structures:
Guest Accommodations, Storage Shed
Floor finish:
Mixed, Tile, Wood
Total Building Area:
2,526 sq. ft.235 m2
Total Unfinished Area:
48 sq. ft.4.46 m2
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
2
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
2
# Other Level Kitchens:
0
Living Area Lower Floor:
1,216 sq. ft.113 m2
Living Area Main Floor:
1,262 sq. ft.117 m2
Living Area Other Floor:
83 sq. ft.7.71 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Electric, Living Room, Wood Burning
Laundry Features:
In House, In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Baseboard, Electric, Heat Pump
Fireplace:
Yes
Blinds, Screens, Vinyl Frames
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
District of Saanich (SD61)
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
2
Number of 5 piece baths:
1
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale, Updated/Remodeled
Exposure / Faces:
Southeast
Layout:
Main Level Entry with Lower Level(s)
Lot Site Features:
Central Location, Cul-De-Sac
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, On Street
Total Parking Spaces:
2
Road Surface Type:
Paved
Date Listed:
Jul 24, 2026
Original Price:
1395000.0
WALK TO GYRO BEACH AND CADBORO BAY VILLAGE
BRIGHT UPDATED KITCHEN WITH BREAKFAST NOOK AND DUTCH DOOR TO DECK
REFINISHED HARDWOOD, HEAT PUMPS, AND UPDATED WINDOWS
GORGEOUS MAIN BATH FOR UPPER LEVEL
HUGE DECK FOR INDOOR/OUTDOOR LIVING
DETACHED OFFICE SPACE WITH POWER
INCREDIBLE PRIVACY
Photo 8 of 55
ENTRANCE + LIVING ROOM
LIVING ROOM
DINING ROOM OFF KITCHEN
DINING ROOM
FARMHOUSE SINK
Photo 14 of 55
Photo 15 of 55
BREAKFAST NOOK
FARMHOUSE SINK
COVERED DECK
COVERED DECK
LAUNDRY
Photo 21 of 55
MAIN BEDROOM #1
MAIN BEDROOM #2
MAIN BEDROOM #3CURRENTLY SET UP AS OFFICE
MAIN BATH
MAIN BATH
FRONT YARD
FRONT YARD
FRONT YARD
REAR YARD
PATIO AND DETACHED STUDIO/OFFICE
DETACHED OFFICE / STUDIO
DETACHED OFFICE SPACE
DETACHED OFFICE / STUDIO
BACK OF HOME
BACK OF HOME
PATIO AND DETACHED OFFICE
PATIO AND DETACHED OFFICE
ENTRANCE TO FRONT LOWER SUITE
FRONT LOWER BACHELOR SUITE
FRONT LOWER BACHELOR SUITE
FRONT LOWER BACHELOR SUITE (PHOTO FROM BEFORE CURRENT TENANT)
FRONT LOWER BACHELOR SUITE
FRONT LOWER BACHELOR SUITE
REAR LOWER 2ND BACHELOR SUITE
REAR LOWER 2ND BACHELOR SUITE (PHOTO FROM BEFORE CURRENT OCCUPANT)
Data was last updated July 26, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,757,000
Min list price:
$599,000
Max list price:
$6,850,000
Avg days on market:
63
Min days on market:
2
Max days on market:
151
Avg price per sq.ft.:
$797
These statistics are generated based on the current listing's property type
and located in
SE Cadboro Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.