5 – 5156 Cordova Bay Rd, Saanich
SE Cordova Bay · Townhouse · MLS® 1029521 · Listed Mar 19, 2026
Fresh to the market, this beautifully updated one-level rancher-style townhome in the heart of Cordova Bay offers an exceptional seaside lifestyle. Enjoy a sandy beach access just across the road, with world-class golf, parks, recreation and the charm of Mattick’s Farm all within an easy stroll. Perfectly positioned near Agate Beach, the Lochside Trail and Elk Lake, this desirable location combines natural beauty with everyday convenience. Privately set within the well-run, adult-oriented Cordova Village community, this cozy two-bedroom, two-bath home features vaulted ceilings, oversized skylights, a spacious kitchen and dining area, and an open living space with fireplace leading to a walkout patio. Walk to shopping, and amenities while enjoying the relaxed beachside atmosphere. Pet friendly for a small dog or cat, this accessible patio home is ideal for retirees, professionals or anyone seeking comfort, security and community.
| Property Type | Townhouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Interior | 1,065 sqft |
| Lot Size | 1,467 sqft (0.03 acres) |
| Lot Features | Irregular Lot, Landscaped, Level, Near Golf Course |
| Parking | 2 spaces (1 garage) |
| Year Built | 1987 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric |
| Basement | None |
| Exterior | Frame Wood, Stucco, Wood |
| Roof | Fibreglass Shingle |
| Foundation | Slab |
| Flooring | Carpet, Linoleum, Tile, Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $3,500.9 (2025) |
| Strata Fee | $573/mo |
| Pets | Aquariums, Birds, Cats OK, Dogs OK |
| Building Stories | 1 |
| Parking Type | Attached, Garage |
| Strata Fee Includes | Water |
| Extras | Dishwasher |
| MLS® # | 1029521 |
| Brokerage | RE/MAX Camosun |
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Cordova Bay townhome averages, updated daily. See Cordova Bay market stats or Saanich market stats.
5 – 5156 Cordova Bay Rd, Saanich sold on April 2, 2026, after 14 days on the market.
It sold for $719,000 (listed at $729,900). Source: BC Assessment (registered sale).
It was on the market for 14 days, from March 19, 2026 to April 2, 2026.
A Townhouse in SE Cordova Bay, Saanich with 2 bedrooms, 2 bathrooms, 1,065 sqft, built in 1987.
It has 1 parking space.
The lot is 1,467 sqft (0.03 acres).
5 – 5156 Cordova Bay Rd, Saanich sold for $719,000, 1.7% below its BC-assessed value of $731,700 (assessed July 1, 2025) — a sale-to-assessment ratio of 98%. Source: BC Assessment.
Saanich is currently a buyer's market: median sold price $1,250,000, 10.5 months of inventory, homes typically selling in about 58 days.
There are 7 townhomes for sale in Cordova Bay right now. Browse all Cordova Bay townhomes for sale to see current listings, updated daily from the MLS® system.
The median townhome sold price in Cordova Bay is $1,250,000, based on 19 sales over the past 12 months. The median price per square foot is $674. Compare asking prices across the townhomes 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 16, 2026.