201 – 2580 Penrhyn St, Saanich
SE Cadboro Bay · Condo Apartment · MLS® 1000230 · Listed May 16, 2025
Located just steps from the phenomenal Gyro Beach and Park, this 2nd floor condo offers a blend of comfort, style, and practicality, all while being tucked away in fantastic neighborhood. Built in 2016 by Abstract Developments, the unit features 2 BR's, 2 BA's, and a flexible bonus room - ideal for remote work, hobbies, or added storage. The main living areas flow from kitchen to dining to living room, creating a layout that supports both day-to-day ease as well as entertaining. The living room features an electric fireplace, and the dining area opens to a NW-facing balcony that adds a bright and airy atmosphere. The primary BR includes a 3-pc ensuite and large closet, while the second BR sits near a 4-pc BA and is well-suited for guests, family members, or shared living. Additional highlights include in-suite laundry, a secure storage locker, & one parking stall. Pets are welcome! This home is minutes from everyday essentials while remaining just a short stroll from the ocean’s edge.
In this buildingThe Promenade2589 Penrhyn St & 2580 Penrhyn St, Saanich, BC16units3floors2008built1 DogBicycle StorageRooftopStorage LockerSecure ParkingView building directory & all units | Property Type | Condo Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Interior | 966 sqft |
| Lot Size | 1,005 sqft (0.02 acres) |
| Parking | 1 space |
| Year Built | 2016 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric |
| Exterior | Cement Fibre, Stone, Wood |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential/Commercial |
| Taxes | $4,088.84 (2024) |
| Strata Fee | $701/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit |
| Building Stories | 3 |
| Parking Type | Carport |
| MLS® # | 1000230 |
| Brokerage | Newport Realty Ltd. |
Similar properties sold within 6 months
Cadboro Bay condo averages, updated daily. See Cadboro Bay market stats or Saanich market stats.
201 – 2580 Penrhyn St, Saanich sold on September 6, 2025, after 113 days on the market.
The sold price is available free with an 8X account; it was listed at $775,000. It is shown publicly once the sale is registered with BC Assessment.
It was on the market for 113 days, from May 16, 2025 to September 6, 2025.
A Condo Apartment in SE Cadboro Bay, Saanich with 2 bedrooms, 2 bathrooms, 966 sqft, built in 2016.
It has 1 parking space.
The lot is 1,005 sqft (0.02 acres).
201 – 2580 Penrhyn St, Saanich was originally listed at $850,000, then reduced to $775,000 (8.8% reduction).
Saanich is currently a seller's market: median sold price $668,000, 0 months of inventory, homes typically selling in about 41 days.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Jul 27, 2026.
