204 – 2580 Penrhyn St, Saanich
Element · Condo Apartment · MLS® 1009191 · Listed Aug 8, 2025
Element Beachside Residences, by acclaimed Abstract Developments is located in the heart of Cadboro Bay Village. This newer three-story development offers the best in West Coast living - steps from the ocean. This two bed, two bath offers a stunning gourmet kitchen equipped with quartz counters, gas cooking and premium appliances. The bright and spacious living and dining area features a 50” fireplace with designer stone and wood hearth. Thoughtfully-designed interiors boast custom millwork and tile details throughout. Enjoy generous storage, tankless hot water and outdoor gas and water. Parking space and storage locker included. Enjoy the lifestyle in Cadboro Bay Village. Walk the beach with your dog and coffee in hand from Mocha House, Buy fresh veggies, fruits and groceries at Peppers, buy a bottle of wine at the liquor store. They have the best Heart Pharmacy, little bulk store, pub, Thai restaurant and a couple of cute shops, plus a spa. An area in Saanich with tons of charm!!
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 | 924 sqft |
| Lot Size | 924 sqft (0.02 acres) |
| Lot Features | Square Lot |
| Parking | 1 space |
| Year Built | 2016 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Heat Pump, Radiant Floor |
| Exterior | Frame Wood, Stone, Wood |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Flooring | Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Multi-Family |
| Taxes | $3,870.53 (2024) |
| Strata Fee | $631/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit |
| Building Stories | 3 |
| Parking Type | Carport |
| Amenities | Common Area, Elevator(s), Private Drive/Road |
| Strata Fee Includes | Water |
| Extras | Dishwasher, Dryer, F/S/W/D, Garburator, Microwave, Refrigerator, Washer |
| MLS® # | 1009191 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
204 – 2580 Penrhyn St, Saanich sold on October 15, 2025, after 68 days on the market.
It sold for $668,000 (listed at $650,000). Source: BC Assessment (registered sale).
It was on the market for 68 days, from August 8, 2025 to October 15, 2025.
A Condo Apartment in Element, Saanich with 2 bedrooms, 2 bathrooms, 924 sqft, built in 2016.
It has 1 parking space.
The lot is 924 sqft (0.02 acres).
204 – 2580 Penrhyn St, Saanich was originally listed at $775,000, then reduced to $650,000 (16.1% reduction), and sold for $668,000.
204 – 2580 Penrhyn St, Saanich sold for $668,000, 3.3% below its BC-assessed value of $691,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 97%. Source: BC Assessment.
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 29, 2026.
