5015 Cordova Bay Rd, Saanich
SE Cordova Bay · Single Family Residence · MLS® 1028791 · Listed Mar 16, 2026
First time on the market! This rare waterfront offering presents a golden opportunity to build your dream home in one of Cordova Bay’s most desirable locations. Set on a 0.124-acre lot with breathtaking views over Haro Strait and the Gulf Islands, the original 1948 home is ready for its next chapter. Surrounded by multi-million dollar residences, this property offers direct beach access and endless potential to create a custom oceanfront retreat. Enjoy sunrise paddles, beach strolls, and the peaceful rhythm of coastal living—all just minutes from Mt. Doug Park, schools, golf, Broadmead Village, and downtown Victoria. A legacy property in a legacy location—bring your vision and make it yours.
| Property Type | Single Family Residence |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Interior | 1,581 sqft |
| Lot Size | 5,227.2 sqft (0.12 acres) |
| Lot Features | Central Location, Walk on Waterfront |
| Year Built | 1948 |
| Fireplaces | 2 |
| Heating | Forced Air, Oil |
| Basement | Partially Finished, Walk-Out Access, With Windows |
| Exterior | Vinyl Siding |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $7,354.42 (2025) |
| Extras | Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer |
| MLS® # | 1028791 |
| Brokerage | Macdonald Realty Ltd. (Sid) |
Similar properties sold within 6 months
Cordova Bay single-family averages, updated daily. See Cordova Bay market stats or Saanich market stats.
5015 Cordova Bay Rd, Saanich sold on June 1, 2026, after 77 days on the market.
It sold for $1,175,000 (listed at $1,250,000). Source: BC Assessment (registered sale).
It was on the market for 77 days, from March 16, 2026 to June 1, 2026.
A Single Family Residence in SE Cordova Bay, Saanich with 2 bedrooms, 1 bathrooms, 1,581 sqft, built in 1948.
The lot is 5,227.2 sqft (0.12 acres).
5015 Cordova Bay Rd, Saanich sold for $1,175,000, 29.2% below its BC-assessed value of $1,659,400 (assessed July 1, 2025) — a sale-to-assessment ratio of 71%. Source: BC Assessment.
Saanich is currently a balanced market: median sold price $1,587,500, 4.2 months of inventory, homes typically selling in about 42 days.
There are 38 houses for sale in Cordova Bay right now. Browse all Cordova Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in Cordova Bay is $1,587,500, based on 160 sales over the past 12 months. The median price per square foot is $651. Compare asking prices across the houses 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.
