204 – 2589 Penrhyn St, Saanich
The Promenade · Condo Apartment · MLS® 1017889 · Listed Oct 20, 2025
Direct and unobstructed OCEAN VIEWS from all principle rooms in this bright & modern 2 bed, 2 full bath condo. The "Promenade" is situated in the heart of the Cadboro Bay Village only a few steps from the sandy beach @ Gyro Park. Watch the Red Octopus from your South Facing Balcony. Inside find an amazing floorplan with the bedrooms on opposite sides of the open Kitchen & living room. Features include H/W flooring, quartz countertops, wood cabinets, S/S appliances, in-suite laundry, a fresh coat of paint, 9' ceilings & heated tile floors in both bathrooms. A gorgeous ensuite off the Primary bedroom and convenient in-suite laundry make this a comfortable place to live. Also, 1 covered parking stall and a secure storage locker are included. Walking distance to the University of Victoria and so many other amenities like Pepper's Foods, Smuggler's Cove Pub, and much more. Pets and rentals allowed.
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 | 838 sqft |
| Lot Size | 812 sqft (0.02 acres) |
| Lot Features | Easy Access, Family-Oriented Neighbourhood, Irrigation Sprinkler(s), Landscaped, Level, Near Golf Course, No Through Road, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, Walk on Waterfront |
| Parking | 1 space |
| Year Built | 2008 |
| Heating | Baseboard, Electric, Radiant Floor |
| Basement | None |
| Exterior | Wood |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Tile, Wood |
| Water | Municipal |
| Sewer | Sewer Connected, Sewer To Lot |
| Zoning | Residential |
| Taxes | $3,777.8 (2025) |
| Strata Fee | $507/mo |
| Pets | Cats OK, Dogs OK |
| Building Stories | 3 |
| Parking Type | Attached, Carport |
| Amenities | Bike Storage, Elevator(s) |
| Strata Fee Includes | Water |
| Extras | Dishwasher, F/S/W/D |
| MLS® # | 1017889 |
| Brokerage | Oakwyn Realty Ltd. |
Similar properties sold within 6 months
204 – 2589 Penrhyn St, Saanich sold on November 14, 2025, after 25 days on the market.
It sold for $725,000 (listed at $749,900). Source: BC Assessment (registered sale).
It was on the market for 25 days, from October 20, 2025 to November 14, 2025.
A Condo Apartment in The Promenade, Saanich with 2 bedrooms, 2 bathrooms, 838 sqft, built in 2008.
It has 1 parking space.
The lot is 812 sqft (0.02 acres).
204 – 2589 Penrhyn St, Saanich sold for $725,000, 1.9% below its BC-assessed value of $739,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 98%. Source: BC Assessment.
204 – 2589 Penrhyn St, Saanich last changed hands from $775,000 (Apr 16, 2025) to $725,000 (Nov 8, 2025) — -6.5% over 7 months, about -11.4% per year. 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 28, 2026.
