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203 – 2580 Penrhyn St, Saanich

203 – 2580 Penrhyn St, Saanich

Elements · Condo Apartment · MLS® 995551 · Listed Apr 30, 2025

2
Beds
2
Baths
1,011
Sqft
1,094 sqft
Lot
1
Parking
$709/mo
Strata Fee
2016
Built
Overview

About This Property

JUST STEPS TO THE SANDY SHORES OF CADBORO BAY. Beautifully appointed by award winning Abstract Developments, a 2bed 2bath condo in Element Beachside. An exceptional home blends modern comfort w/ West Coast charm, wood framed Pella windows that let in natural light. The open-concept living area features a linear electric f/p and a gourmet kitchen w/quartz counters, addt'l custom cabinetry, SS appliances & gas cooking. Custom-designed office in 2nd bed with built-in desk ideal for remote work & Murphy bed. The spacious primary bed boasts of a w/i closet & a spa-inspired 3 pce bath with heated floors & a rain shower. Featuring an energy efficiency gas hot water on demand. Step outside to your private balcony for morning coffee or take a stroll along the beach just moments away. Short walk to Gyro Park, farm-fresh groceries, cafés & restaurants. Easy access to UVic, Oak Bay Village & Estevan Village makes this a truly prime location. Pets are welcome!

The Promenade condo building, 2589 Penrhyn StIn this buildingThe Promenade2589 Penrhyn St & 2580 Penrhyn St, Saanich, BC16units3floors2008built1 DogBicycle StorageRooftopStorage LockerSecure ParkingView building directory & all units
Property Details

Features & Details

Property TypeCondo Apartment
Bedrooms2
Bathrooms2
Interior1,011 sqft
Lot Size1,094 sqft (0.03 acres)
Lot FeaturesEasy Access
Parking1 space
Year Built2016
Fireplaces1
HeatingBaseboard, Electric
BasementNone
ExteriorCement Fibre, Stone
RoofAsphalt Torch On
FoundationSlab
FlooringCarpet, Mixed, Tile
WaterMunicipal
SewerSewer Connected
ZoningMulti-Family
Taxes$4,457.25 (2024)
Strata Fee$709/mo
PetsAquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit
Building Stories3
Parking TypeOpen
AmenitiesElevator(s), Secured Entry
Strata Fee IncludesWater
ExtrasDishwasher, F/S/W/D, Microwave
MLS® #995551
BrokerageRE/MAX Camosun
Location

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Property Insights

History & Activity

Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

Questions about this property

When did 203 – 2580 Penrhyn St, Saanich sell?

203 – 2580 Penrhyn St, Saanich sold on June 24, 2025, after 55 days on the market.

What did 203 – 2580 Penrhyn St, Saanich sell for?

It sold for $788,000 (listed at $849,000). Source: BC Assessment (registered sale).

How long was 203 – 2580 Penrhyn St, Saanich on the market?

It was on the market for 55 days, from April 30, 2025 to June 24, 2025.

What kind of home is 203 – 2580 Penrhyn St, Saanich?

A Condo Apartment in Elements, Saanich with 2 bedrooms, 2 bathrooms, 1,011 sqft, built in 2016.

Does 203 – 2580 Penrhyn St, Saanich have parking?

It has 1 parking space.

How big is the lot at 203 – 2580 Penrhyn St, Saanich?

The lot is 1,094 sqft (0.03 acres).

Did the price of 203 – 2580 Penrhyn St, Saanich change?

203 – 2580 Penrhyn St, Saanich was originally listed at $899,000, then reduced to $849,000 (5.6% reduction), and sold for $788,000.

How did the sold price of 203 – 2580 Penrhyn St, Saanich compare to its BC assessment?

203 – 2580 Penrhyn St, Saanich sold for $788,000, 3.4% below its BC-assessed value of $816,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 97%. Source: BC Assessment.

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VREB · Victoria Real Estate Board

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.