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Saanich Real Estate – Find Your Dream Home

Saanich, BC, offers an exceptional mix of suburban charm and urban convenience, making it one of the most sought-after real estate markets on Vancouver Island. Whether you're searching for a family home, luxury property, or investment opportunity, Saanich has something for everyone.


Saanich real estate

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5155 Cordova Bay Rd
SE Cordova Bay Saanich V8Y 2K1

$3,495,000
Residential beds: 1 baths: 1.0 631 sq. ft. built: 1956

Main Photo: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 1: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 2: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 3: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 4: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 5: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 6: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 7: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 8: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 9: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 10: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 11: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 12: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 13: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 14: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Photo 15: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
Status:
Active
Prop. Type:
Residential
MLS® Num:
996402
Bedrooms:
1
Bathrooms:
1
Year Built:
1956
ATTENTION DEVELOPERS & DREAMERS!! OFFERING INCLUDES 5153 & 5155 CORDOVA BAY RD. Not to be sold separately. Price and Lot size is total for BOTH properties. An opportunity to secure nearly half an acre of prime Cordova Bay Village waterfront. This parcel offers waterfront views and walk on beach access. It sits right in the heart of the Village as defined by the Municipal OCP. The property features 2 homes originally designed by John Di Castri with not a single square wall. The main 'honeycomb' dwelling offers spectacular Ocean and Mountain views paired with stunning architecture. The second dwelling has 1 bedroom and 1 bathroom and matches the aesthetic of the main home.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1956 (Age: 69)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
631 sq. ft.
Listing General Location:
SE Cordova Bay, Saanich East
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
21,023 sq. ft.
Kitchens:
1
Taxes:
Construction:
Wood
New Construction:
No
Basement:
None
Foundation:
Slab
Roof:
Asphalt Torch On
Ceiling Heights:
Total Building Area:
631 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
1
# Main Level Bedrooms:
1
# 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:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
631 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Electric
Fireplace:
No
Pending Date:
Street side parcel sold in conjunction with 5153 Waterfront parcel.
Ground Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD63)
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
South
Layout:
Rancher
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway
Total Parking Spaces:
2
Total Units:
Date Listed:
Apr 30, 2025
Original Price:
3999000.0
  • Photo 1: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 2: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 3: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 4: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 5: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 7: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 9: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 10: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 11: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 12: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 13: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 14: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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  • Photo 15: 5155 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 996402
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Virtual Tour

Listed by Oakwyn Realty Ltd.
Data was last updated November 21, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
79
Avg list price:
$1,685,000
Min list price:
$709,900
Max list price:
$7,500,000
Avg days on market:
70
Min days on market:
1
Max days on market:
981
Avg price per sq.ft.:
$747.13
These statistics are generated based on the current listing's property type and located in SE Cordova Bay. Average values are derived using median calculations. This data is not produced by the MLS® system.

Explore the Saanich Real Estate Market

Saanich is the largest municipality in Greater Victoria and is known for its diversity in real estate options. From waterfront properties to cozy single-family homes, here’s what you can expect:

  • Single-Family Homes: Perfect for families, with spacious yards and proximity to parks and schools.
  • Condos and Townhouses: Ideal for first-time buyers and downsizers seeking low-maintenance living.
  • Luxury Homes: Spectacular properties offering modern amenities and stunning views of the Pacific Ocean or Mount Douglas.
  • Acreages and Farms: For those who value privacy and space, Saanich has large lots with rural charm.


Top Neighborhoods in Saanich

  • Broadmead: Known for its upscale homes and scenic landscapes, Broadmead offers quiet streets and access to nature.
  • Gordon Head: A family-friendly area with excellent schools, close to the University of Victoria.
  • Cadboro Bay: A picturesque community with beachfront properties and a village-like atmosphere.
  • Royal Oak: Centrally located with a mix of family homes and condos, plus great shopping and amenities.

Why Live in Saanich?

Living in Saanich offers a balance of nature and city life. Key benefits include:

  • Natural Beauty: Explore hiking trails, beaches, and parks like Mount Douglas and Elk/Beaver Lake.
  • Convenience: Access to top schools, shopping centers, and health facilities.
  • Community Spirit: Vibrant local events and markets bring the community together.

op Neighborhoods in Saanich

  1. Broadmead: Known for its upscale homes and scenic landscapes, Broadmead offers quiet streets and access to nature.
  2. Gordon Head: A family-friendly area with excellent schools, close to the University of Victoria.
  3. Cadboro Bay: A picturesque community with beachfront properties and a village-like atmosphere.
  4. Royal Oak: Centrally located with a mix of family homes and condos, plus great shopping and amenities.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.