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  5. Mayfair

1941 Mayfair Drive, Mt Tolmie Saanich

Price

$1,475,000

Bedrooms4 Beds

Bathrooms3 Baths

Size2530 sqft

Year Built1940

Property TypeDetached Home

Property Taxes$6,385.25

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Description

Situated on a level 0.31-acre lot eligible for SSMUH (Small-Scale Multi-Unit Housing), this distinctive 1940 four-bedroom rancher offers a rare blend of development potential, timeless character, and everyday livability. Originally built as a display home to showcase innovative radiant ceiling heating promoted by the B.C. Electric Company—predecessor to B.C. Hydro—the home reflects a unique chapter of architectural history. With nearly 2,000 sq. ft. of thoughtfully designed living space, the layout is ideally suited for downsizers or families alike. The home retains its original lathe-and-plaster walls and ceilings, all in excellent condition, preserving its authentic charm. Tasteful upgrades include a renovated kitchen with Corian countertops and three beautifully updated bathrooms, two featuring heated tile floors, with granite finishes in two of the baths. Modern infrastructure improvements include 200-amp electrical service and a 10-zone underground irrigation system. Outdoors, the private backyard oasis is truly a standout—lush, mature landscaping creates a serene setting, complemented by a covered deck that overlooks the tranquil, fully enclosed yard, perfect for relaxing or entertaining. The Mount Tolmie location is exceptional with the park walking trails at your doorstep; just a 7-minute walk to SMUS, 10 minutes to Camosun College (Lansdowne Campus), and 20 minutes to UVic. Shopping is also very close by - a 5 minute drive to Hillside Mall, Shelbourne Plaza and University Heights (id:39198)

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Listed By

The listing brokerage and/or agent is RE/MAX Camosun

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$5,831 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,180,000

Total Interest Payments

$727,542

Total Payment (Principal + Interest)

$1,907,542


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Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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Comber Friesen Group

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Meet Alex & Georgia

Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions