Tucked between UVic and the ocean, Cadboro Bay feels like a small beach town hidden within Victoria. Live ~4 blocks from the beach and collect ~$3K/mo in rental income from the TWO suites downstairs.
The main 3 BEDROOM suite is PRIVATE & BRIGHT, with hardwood floors, an updated kitchen, a generous living room, heat pump & its own LAUNDRY. A large 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 bachelor suites, each with full kitchen, 4-piece bath & entry; sharing a laundry room between them. BOTH SUITES are 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.
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.
Data was last updated October 5, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
15
Avg list price:
$1,898,888
Min list price:
$879,000
Max list price:
$6,650,000
Avg days on market:
38
Min days on market:
5
Max days on market:
73
Avg price per sq.ft.:
$701.62
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.