#301 – 2580 Penrhyn St, Saanich
Element · Condo Apartment · MLS® 1047755 · Listed Aug 23, 2026
Extravagant PENTHOUSE, over 1,000sf, 2 bed+den/home office situated in the prestigious "Element" by Abstract Dev. at Cadboro Bay Village. This opulent residence has undergone over $95,000 in lavish custom upgrades, including a meticulously crafted gourmet kitchen adorned with bespoke cabinetry, premium appliances, abundant storage and luxurious Dekton stone countertops. Indulge in the ambiance of the 50" fireplace with a designer stone feature and custom wood mantle in the bright and spacious living and dining area. Enjoy the comfort of gas-fired, on-demand hot water, heated bathroom floors and with its striking architectural features such as 10-ft ceilings, 4 skylights, transom windows, exquisite hardwood flooring, this top floor beauty exudes character & sophistication. Enjoy sunsets on your west facing balcony with gas/power/water & experience the epitome of luxury living in Cadboro Bay Village, close to parks, beaches, bike trails, UVic & great dog walking routes-bring your pets!
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 | 966 sqft |
| Lot Size | 965 sqft (0.02 acres) |
| Lot Features | Level, Landscaped, No Through Road, Shopping Nearby |
| Parking | 1 space |
| Year Built | 2016 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric |
| Exterior | Cement Fibre, Insulation: Ceiling, Insulation: Walls, Stone |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Flooring | Mixed |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential/Commercial |
| Taxes | $3,947 (2026) |
| Strata Fee | $735/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit |
| Building Stories | 3 |
| Parking Type | Open |
| Amenities | Elevator(s), Secured Entry |
| Strata Fee Includes | Water |
| Extras | Dishwasher, Dryer, F/S/W/D, Microwave, Refrigerator, Washer |
| MLS® # | 1047755 |
| Brokerage | Newport Realty Ltd. |
390 homes sold in Saanich in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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390 homes sold in Saanich in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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Similar properties sold within 6 months
390 sales in Saanich in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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390 sales in Saanich in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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Saanich condo averages, updated daily. See Saanich market stats or full dashboard.
It is listed at $969,000.
A Condo Apartment in Element, Saanich with 2 bedrooms, 2 bathrooms, 966 sqft, built in 2016.
It has 1 parking space (Open).
The lot is 965 sqft (0.02 acres).
Saanich is currently a seller's market: median sold price $504,500, 3.3 months of inventory, homes typically selling in about 58 days.
There are 132 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 $504,500, based on 390 sales over the past 12 months. The median price per square foot is $508. 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: Sep 9, 2026.
