301 – 2589 Penrhyn St, Saanich
The Promenade · Condo Apartment · MLS® 1024818 · Listed Feb 2, 2026
OPEN HOUSE SUN FEB 8TH 1-3! Located just steps from Cadboro Bay Beach & Cadboro Village, this bright & modern penthouse condo is the largest unit in the building, w/ nearly 1,200 sq ft of living space. This 2 bed, 2bth layout features a contemporary design w/ ceiling heights from 9 to 14 feet. The spacious primary bedroom includes a walk-in closet with built-in cabinetry and an ensuite. The main living areas feature hardwood flooring, while the open-concept kitchen is finished with stainless steel appliances, warm wood cabinetry, and a quartz waterfall countertop. Both bathrooms include heated floors. Highlights include an in-suite laundry room with storage, newer hot water tank, secure storage locker, & covered parking. Two private balconies provide water views & outdoor living space. Enjoy a highly walkable lifestyle close to local shops, cafés, Cadboro Bay Beach, and within easy reach of the University of Victoria, Uplands Golf Club, and the Royal Victoria Yacht Club.
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 | 1,182 sqft |
| Lot Size | 1,191 sqft (0.03 acres) |
| Lot Features | Irregular Lot |
| Parking | 1 space |
| Year Built | 2008 |
| Heating | Baseboard, Electric, Radiant Floor |
| Exterior | Brick, Frame Wood |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Multi-Family |
| Taxes | $5,916 (2025) |
| Strata Fee | $723/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit |
| Building Stories | 3 |
| Parking Type | Attached, Carport |
| Strata Fee Includes | Water |
| Extras | Built-In Range, Dishwasher, Dryer, F/S/W/D, Refrigerator, Washer |
| MLS® # | 1024818 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
Saanich condo averages, updated daily. See Saanich market stats or full dashboard.
301 – 2589 Penrhyn St, Saanich sold on February 12, 2026, after 10 days on the market.
It sold for $975,000 (listed at $995,000). Source: BC Assessment (registered sale).
It was on the market for 10 days, from February 2, 2026 to February 12, 2026.
A Condo Apartment in The Promenade, Saanich with 2 bedrooms, 2 bathrooms, 1,182 sqft, built in 2008.
It has 1 parking space.
The lot is 1,191 sqft (0.03 acres).
301 – 2589 Penrhyn St, Saanich sold for $975,000, 10.6% below its BC-assessed value of $1,091,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 89%. Source: BC Assessment.
Saanich is currently a seller's market: median sold price $507,500, 3.9 months of inventory, homes typically selling in about 55 days.
There are 146 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 $507,500, based on 399 sales over the past 12 months. The median price per square foot is $568. 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: Aug 17, 2026.
