406 – 5118 Cordova Bay Rd, Saanich
SE Cordova Bay · Condo Apartment · MLS® 1023394 · Listed Jan 15, 2026
PRICED TO SELL!!! Vacant and ready for immediate possession! Located in one of Victoria’s most prestigious neighborhoods, Cordova Bay offers Seaside living at its finest. This TOP floor SOUTH facing unit with OCEAN VIEW. Nearly 1100 Sqft 2 bed/2 bath Features include 9 ft ceilings with floor to ceiling windows, Open concept kitchen with quartz counter tops with a large island great for entertaining, KitchenAid appliances, built-in full height pantry, LED lighting & soft close cabinets, engineered hardwood flooring, Master bedroom with walk-in closet, Separated Bedrooms for more privacy, full size Whirlpool W/D and Skylights making your home bright and sunny. After a day of golf, unwind in your spa inspired en-suite with a glass of wine, then relax & enjoy your BBQ. 1 secure underground parking spaces with Electric vehicle charging capability. Rental & Pets are allowed. The Haro is just steps to the beach. Live Life. Live Inspired.
| Property Type | Condo Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Interior | 1,099 sqft |
| Lot Size | 1,099 sqft (0.02 acres) |
| Lot Features | Square Lot |
| Parking | 1 space |
| Year Built | 2021 |
| Heating | Electric, Heat Pump, Natural Gas |
| Exterior | Cement Fibre, Frame Wood, Insulation: Ceiling, Insulation: Walls, Metal Siding, Wood |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Flooring | Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Multi-Family |
| Taxes | $4,129.11 (2025) |
| Strata Fee | $502/mo |
| Pets | Cats OK, Dogs OK |
| Building Stories | 4 |
| Parking Type | Underground |
| Amenities | Bike Storage, Common Area, Elevator(s), Private Drive/Road, Street Lighting |
| Strata Fee Includes | Heat, Water |
| MLS® # | 1023394 |
| Brokerage | Pemberton Holmes Ltd. |
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Cordova Bay condo averages, updated daily. See Cordova Bay market stats or Saanich market stats.
406 – 5118 Cordova Bay Rd, Saanich sold on March 24, 2026, after 68 days on the market.
It sold for $890,000 (listed at $899,900). Source: BC Assessment (registered sale).
It was on the market for 68 days, from January 15, 2026 to March 24, 2026.
A Condo Apartment in SE Cordova Bay, Saanich with 2 bedrooms, 2 bathrooms, 1,099 sqft, built in 2021.
It has 1 parking space.
The lot is 1,099 sqft (0.02 acres).
406 – 5118 Cordova Bay Rd, Saanich sold for $890,000, 7.6% above its BC-assessed value of $827,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 108%. Source: BC Assessment.
Saanich is currently a balanced market: median sold price $1,080,000, 5.5 months of inventory, homes typically selling in about 95 days.
There are 24 condos for sale in Cordova Bay right now. Browse all Cordova Bay condos for sale to see current listings, updated daily from the MLS® system.
The median condo sold price in Cordova Bay is $1,080,000, based on 65 sales over the past 12 months. The median price per square foot is $833. Compare asking prices across the condos currently for sale in Cordova Bay.
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 18, 2026.