2608 Penrhyn St, Saanich
SE Cadboro Bay · Single Family Residence · MLS® 1040767 · Listed Jun 17, 2026
Front row @ Cadboro-Gyro Park & steps to the Village, this rare LAND ASSEMBLY/DEVELOPMENT OPPORTUNITY boasts noteworthy latent value. 1940's cottage on level 8,425 sq/ft lot to be sold in conjunction w/ MLS #1040736 (2604 Penrhyn Street). Adjoining properties have been in the same family for over 75+ yrs. Offering an aggregate 20,837 sq/ft (.478 acres) this potential site boasts unparalleled OCEAN & PARK views, walkability & long-term growth opportunity w/ immediate proximity to the area's finest beaches, boutique shops, pub, grocery, UVIC & Village amenities. Sought after residential neighborhood w/ an established mix of SFD's, townhomes & condos. Immediate proximity to recently completed high-end strata developments & more currently underway w/ sales commanding top tier sq/ft value. Expanding range of housing options in the Village Neighborhood have increased housing diversity & supply, while retaining street & block character. Opportunity knocks to provide needed housing options.
| Property Type | Single Family Residence |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Interior | 987 sqft |
| Lot Size | 8,425 sqft (0.19 acres) |
| Lot Features | Central Location, Easy Access, Landscaped, Level, Marina Nearby, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure |
| Parking | 3 spaces |
| Year Built | 1949 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Propane |
| Basement | Crawl Space |
| Exterior | Frame Wood, Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Linoleum |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $7,622.79 (2026) |
| Extras | Dryer, Oven/Range Electric, Refrigerator, Washer |
| MLS® # | 1040767 |
| Brokerage | Pemberton Holmes Ltd - Sidney |
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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: Jun 23, 2026.