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.
Data was last updated July 25, 2026 at 08:05 AM (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:
62
Min days on market:
1
Max days on market:
150
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.