HomeSaanichSE Cordova BayCondos for Sale

406 – 5118 Cordova Bay Rd, Saanich

406 – 5118 Cordova Bay Rd, Saanich

SE Cordova Bay · Condo Apartment · MLS® 1023394 · Listed Jan 15, 2026

2
Beds
2
Baths
1,099
Sqft
1,099 sqft
Lot
1
Parking
$502/mo
Strata Fee
2021
Built
Overview

About This Property

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 Details

Features & Details

Property TypeCondo Apartment
Bedrooms2
Bathrooms2
Interior1,099 sqft
Lot Size1,099 sqft (0.02 acres)
Lot FeaturesSquare Lot
Parking1 space
Year Built2021
HeatingElectric, Heat Pump, Natural Gas
ExteriorCement Fibre, Frame Wood, Insulation: Ceiling, Insulation: Walls, Metal Siding, Wood
RoofAsphalt Torch On
FoundationConcrete Perimeter
FlooringWood
WaterMunicipal
SewerSewer To Lot
ZoningMulti-Family
Taxes$4,129.11 (2025)
Strata Fee$502/mo
PetsCats OK, Dogs OK
Building Stories4
Parking TypeUnderground
AmenitiesBike Storage, Common Area, Elevator(s), Private Drive/Road, Street Lighting
Strata Fee IncludesHeat, Water
MLS® #1023394
BrokeragePemberton Holmes Ltd.
Location

Map

Neighbourhood

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Property Insights

History & Activity

  • ListedOct 26, 2025MLS® 1018457$850,000
  • ListedAug 20, 2025MLS® 1011590$899,900
  • ListedApr 22, 2025MLS® 996117$989,900
Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

The local market right now

cordova bay · condo
Balanced market
$1,080,000
Median sold
5.5
Months of supply
95
Avg days to sell

Cordova Bay condo averages, updated daily. See Cordova Bay market stats or Saanich market stats.

Questions about this property

When did 406 – 5118 Cordova Bay Rd, Saanich sell?

406 – 5118 Cordova Bay Rd, Saanich sold on March 24, 2026, after 68 days on the market.

What did 406 – 5118 Cordova Bay Rd, Saanich sell for?

It sold for $890,000 (listed at $899,900). Source: BC Assessment (registered sale).

How long was 406 – 5118 Cordova Bay Rd, Saanich on the market?

It was on the market for 68 days, from January 15, 2026 to March 24, 2026.

What kind of home is 406 – 5118 Cordova Bay Rd, Saanich?

A Condo Apartment in SE Cordova Bay, Saanich with 2 bedrooms, 2 bathrooms, 1,099 sqft, built in 2021.

Does 406 – 5118 Cordova Bay Rd, Saanich have parking?

It has 1 parking space.

How big is the lot at 406 – 5118 Cordova Bay Rd, Saanich?

The lot is 1,099 sqft (0.02 acres).

How did the sold price of 406 – 5118 Cordova Bay Rd, Saanich compare to its BC assessment?

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.

What is the Saanich real estate market like now?

Saanich is currently a balanced market: median sold price $1,080,000, 5.5 months of inventory, homes typically selling in about 95 days.

What other condos are for sale in Cordova Bay?

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.

How much do condos cost in Cordova Bay?

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.

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VREB · Victoria Real Estate Board

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 15, 2026.