#202 – 2580 Penrhyn St, Saanich
Element · Condo Apartment · MLS® 1036874 · Listed May 28, 2026
Beachside living in the heart of Cadboro Bay Village. Built by acclaimed Abstract Developments, this beautifully designed one-bedroom plus DEN home offers 758 sq. ft. of thoughtfully finished living space in one of Victoria’s most beloved seaside neighbourhoods. The warm, contemporary interior features wide-plank wood flooring, generous windows, custom millwork, refined tile details, and an efficient open-concept layout. The gourmet kitchen includes quartz countertops, a large island with seating, gas cooking, premium stainless steel appliances, warm wood cabinetry, sleek charcoal uppers, and excellent storage. The bright living and dining area is anchored by a fireplace with designer stone and a wood hearth. Step outside to a covered balcony with greenery, creating a private place to unwind. Just steps from Moka House, Pepper’s Foods, shops, restaurants, tennis courts, Gyro Park, Cadboro Bay Beach, Mystic Vale, and UVic. Complete with secure parking and separate storage.
In this buildingThe Promenade2589 Penrhyn St & 2580 Penrhyn St, Saanich, BC16units3floors2008built1 DogBicycle StorageRooftopStorage LockerSecure ParkingView building directory & all units | Property Type | Condo Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Interior | 737 sqft |
| Lot Features | Square Lot |
| Parking | 1 space |
| Year Built | 2016 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Radiant Floor |
| Exterior | Frame Wood, Stone, Wood |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Flooring | Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $3,061.76 (2025) |
| Strata Fee | $547/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit |
| Building Stories | 3 |
| Parking Type | Carport |
| Amenities | Elevator(s) |
| Extras | Dishwasher, Dryer, Microwave, Refrigerator, Washer |
| MLS® # | 1036874 |
| Brokerage | Oakwyn Realty Ltd. |
Similar properties sold within 6 months
Saanich condo averages, updated daily. See Saanich market stats or full dashboard.
#202 – 2580 Penrhyn St, Saanich sold on June 11, 2026, after 14 days on the market.
The sold price is available free with an 8X account; it was listed at $599,000. It is shown publicly once the sale is registered with BC Assessment.
It was on the market for 14 days, from May 28, 2026 to June 11, 2026.
A Condo Apartment in Element, Saanich with 1 bedrooms, 1 bathrooms, 737 sqft, built in 2016.
It has 1 parking space.
Saanich is currently a balanced market: median sold price $508,000, 4.2 months of inventory, homes typically selling in about 55 days.
There are 157 condos for sale in Saanich right now. Browse all Saanich condos for sale to see current listings, updated daily from the MLS® system.
The median condo sold price in Saanich is $508,000, based on 389 sales over the past 12 months. The median price per square foot is $568. Compare asking prices across the condos currently for sale in Saanich.
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: Aug 12, 2026.
