The Promenade — 2589 Penrhyn St & 2580 Penrhyn St, Saanich, BC
The Promenade · Saanich, BC

Saanich, BC

The Promenade

2589 Penrhyn St & 2580 Penrhyn St, Saanich, BC

built2008
homes16
floors3

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…

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the building

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The Promenade — building photo 1
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The Promenade — building photo 2
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The Promenade — building photo 3
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The Promenade — building photo 4
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The Promenade — building photo 5
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sold data

The numbers at The Promenade

Live market data for this building — sold prices verified against BC Assessment records.

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active listings1on market today
sold · last 24 months8closed sales
median sold price$712,500last 24 months
median $/sqft$834sold basis
sale-to-list95.7%4.3% under asking
avg days on market45list → firm
median sold price · all beds · 11-yr
$798K $485K 20151624252026
units · for sale, pending & sold BC Assessment
UnitPrice
For sale · 1 unit
#301 · 2580 Penrhyn St
2 bd · 2 ba966 sqft1 park
Newport Realty Ltd.
FOR SALE$969,000
$1,003/sfMLS® 1047755

8 sold in The Promenade

Sign in to see every one — unit, price, date and $/sqft — and get an alert when anything lists or sells here. Board rules require a free account for sold and pending listings; the market stats above stay public.

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Listing data: VREB MLS®. Sold and pending details require a free account.

listings

Condo for Sale at The Promenade

Every unit on the market in this building — live from the MLS®, updated daily.

Condos for Sale at The Promenade

1 active listings at The Promenade.

#301 – 2580 Penrhyn St, Saanich
$969,000
Saanich
2 bed · 2 bath · 966 sqft · Condo Apartment
MLS® 1047755

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Recently Sold Units at The Promenade

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10 sold homes in The Promenade — sign in to see them.

Sold prices, addresses, photos and days on market. Real estate board rules require a free account to view sold and pending listings; the market statistics on this page stay public.

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about the building

About The Promenade

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.

Unbeatable Cadboro Bay Location

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

Building Features & Amenities

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

Why Live at 2589 & 2580 Penrhyn?

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.

Interested in Buying or Selling at 2589 & 2580 Penrhyn?

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

What the building offers

Quick facts

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.

Units16
Year built2008
Storeys3
Active listings1
Sold range$485K–$798K
Median $/sqft$834

Source: 8X Real Estate · CC BY 4.0 · as of September 12, 2026

1 DogBicycle StorageRooftopStorage LockerSecure Parking1 Cat2 CatsRentals

getting around

Walkability from The Promenade

walk scoresomewhat walkable
63
bike scorebikeable
61

location

Where The Promenade sits

48.460791, -123.296272  ·  2589 Penrhyn St & 2580 Penrhyn St, Saanich, BC

The Promenade is located in Saanich, BC. See the full condo building directory for more buildings nearby.

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How it compares

Buildings buyers shortlist alongside The Promenade.

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Want inside The Promenade?

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.

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Dustin Miller · Managing Broker · dustin@8x.realestate · 778.678.9815

common questions

The Promenade FAQ

Can you have pets at The Promenade?

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.

Can you rent out a unit at The Promenade?

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.

What have condos sold for at The Promenade?

Recent verified sales at The Promenade have a median sold price of $712,500 (about $834 per square foot), based on prices registered with BC Assessment. Unlock the table above for the full sale-by-sale history.

Is The Promenade a good building?

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.

How many units are in The Promenade?

The Promenade has 16 homes across 3 storeys, built in 2008.

How many condos are for sale at The Promenade right now?

There is 1 unit currently listed for sale at The Promenade. See the live listings above for current pricing and availability.

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NOTE: 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.