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Saanich, BC
▸ 2589 Penrhyn St & 2580 Penrhyn St, Saanich, BC
Nestled in the heart of Cadboro Bay , The Promenade at 2589 & Element at 2580 Penrhyn Street offer a boutique collection of luxury condos and townhomes designed for those who appreciate modern elegance and a seaside…
the building
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sold data
Live market data for this building — sold prices verified against BC Assessment records.
| Unit | Sold |
|---|---|
| #204 · 2589 Penrhyn St 2 bd · 2 ba838 sqft1 park | $725,000 $865/sfNov 2025 |
| #204 · 2580 Penrhyn St 2 bd · 2 ba924 sqft1 park | $668,000 $723/sfOct 2025 |
Free, 30 seconds. Every verified sale in this building — plus instant alerts when anything lists or sells here.
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Every unit on the market in this building — live from the MLS®, updated daily.
9 recently sold units at The Promenade.
about the building
Nestled in the heart of Cadboro Bay, The Promenade at 2589 & Element at 2580 Penrhyn Street offer a boutique collection of luxury condos and townhomes designed for those who appreciate modern elegance and a seaside lifestyle. These exclusive residencesprovide a rare opportunity to live just steps from Cadboro Bay Beach, Gyro Park, and the charming amenities of Cadboro Bay Village.
Located in one of Victoria’s most desirable waterfront communities, 2589 & 2580 Penrhyn Street offer a peaceful yet connected lifestyle:
✔ A short walk to Cadboro Bay Beach & Gyro Park
✔ Steps from Peppers Foods, cafes, and boutique shops in Cadboro Bay Village
✔ Minutes to UVic, golf courses, and scenic coastal trails
✔ High-end boutique development in an exclusive neighborhood
✔ Spacious 1, 2 & 3-bedroom residences with contemporary open layouts
✔ Luxury interiors featuring premium appliances, quartz countertops & engineered hardwood floors
✔ Large windows & private patios to enjoy natural light and ocean breezes
✔ Secure underground parking, bike storage & EV charging stations
✔ Pet-friendly & rentable, offering excellent investment potential
These rarely available residences offer a perfect blend of coastal charm, modern luxury, and small-community living. Whether you’re a downsizer, professional, or investor, this location provides unparalleled access to nature, convenience, and a relaxed West Coast lifestyle.
As a Cadboro Bay real estate expert, I provide exclusive listings, market insights, and tailored service for buyers and sellers in this sought-after neighborhood.
📩 Contact me today to learn more!
amenities & policies
The Promenade is a 16-home condominium built in 2008, at 2589 Penrhyn St in Saanich, BC. Pets allowed (up to 1 dog & 2 cats). Rentals permitted.
Source: 8X Real Estate · CC BY 4.0 · as of July 29, 2026
getting around
location
The Promenade is located in Saanich, BC. See the full condo building directory for more buildings nearby.
nearby buildings
Buildings buyers shortlist alongside The Promenade.
book a viewing
We track every listing and sale in this building. Tell us what you're looking for and we'll line up a private viewing, or flag you the moment the right unit lists.
Dustin Miller · Managing Broker · dustin@8x.realestate · 778.678.9815
common questions
Yes. The Promenade allows 1 Dog, 1 Cat, 2 Cats — confirm the exact bylaw limits with the strata before writing an offer, as restrictions can change.
The Promenade permits rentals, which makes it of interest to investors as well as owner-occupiers. Always verify the current rental bylaw and any rental-pool limits with the strata.
Recent verified sales at The Promenade have a median sold price of $725,000 (about $825 per square foot), based on prices registered with BC Assessment. Unlock the table above for the full sale-by-sale history.
The Promenade is a 2008-built 16-home building in Saanich, BC. Whether it is the right fit depends on your budget, the unit, and the strata's finances — we track every listing and sale here and can give you a straight read on the building.
The Promenade has 16 homes across 3 storeys, built in 2008.
There are no units publicly listed for sale at The Promenade right now — we can set up an alert for the next listing.
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