HomeSaanichCedar shoresCondos for Sale

506 – 69 Gorge Rd, Saanich

506 – 69 Gorge Rd, Saanich

Cedar shores · Condo Apartment · MLS® 1021181 · Listed Nov 26, 2025

2
Beds
2
Baths
987
Sqft
980 sqft
Lot
1
Parking
$699/mo
Strata Fee
1981
Built
Overview

About This Property

Discover easy waterfront living at Cedar Shores— sought-after waterfront communities. Bright top-floor, southeast-facing 2 bedroom, 2 bathroom home offers a spacious layout designed for modern comfort. Updated kitchen w oversized cabinetry, ample counter space & stainless steel appliances. Bathed in morning sun, the open living & dining area feels warm & inviting w access to a large private balcony overlooking mature trees & glimpses of the water. Generous primary bedroom fits a king bed & includes a walk-in closet w direct access to the full bathroom. Second bedroom, powder bathroom, in-suite laundry, newer vinyl windows, Hunter Douglas blinds & potential wood-burning fireplace complete the home. Amazing amenities: indoor pool, whirlpool, sauna, outdoor tennis court, rec room & storage for bikes + kayaks. Well-run strata w a strong contingency, recent balcony work & hot water included. Steps to transit & minutes to downtown, shopping, parks + waterfront trails.

Property Details

Features & Details

Property TypeCondo Apartment
Bedrooms2
Bathrooms2
Interior987 sqft
Lot Size980 sqft (0.02 acres)
Lot FeaturesIrregular Lot
Parking1 space
Year Built1981
HeatingBaseboard, Electric
ExteriorInsulation: Ceiling, Insulation: Walls, Stucco, Wood
RoofTar/Gravel
FoundationConcrete Perimeter
FlooringCarpet, Linoleum
WaterMunicipal
SewerSewer To Lot
ZoningMulti-Family
Taxes$2,004.96 (2025)
Strata Fee$699/mo
PetsAquariums, Birds
Building Stories5
Parking TypeDriveway
AmenitiesBike Storage, Clubhouse, Elevator(s), Kayak Storage, Pool, Recreation Facilities
Strata Fee IncludesWater
ExtrasDishwasher
MLS® #1021181
BrokerageRE/MAX Camosun
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History & Activity

Sold Comparables

Recently Sold Nearby

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The local market right now

saanich · condo
Seller’s market
$508,000
Median sold
4
Months of supply
55
Avg days to sell

Saanich condo averages, updated daily. See Saanich market stats or full dashboard.

Questions about this property

When did 506 – 69 Gorge Rd, Saanich sell?

506 – 69 Gorge Rd, Saanich sold on February 12, 2026, after 78 days on the market.

What did 506 – 69 Gorge Rd, Saanich sell for?

It sold for $380,000 (listed at $425,000). Source: BC Assessment (registered sale).

How long was 506 – 69 Gorge Rd, Saanich on the market?

It was on the market for 78 days, from November 26, 2025 to February 12, 2026.

What kind of home is 506 – 69 Gorge Rd, Saanich?

A Condo Apartment in Cedar shores, Saanich with 2 bedrooms, 2 bathrooms, 987 sqft, built in 1981.

Does 506 – 69 Gorge Rd, Saanich have parking?

It has 1 parking space.

How big is the lot at 506 – 69 Gorge Rd, Saanich?

The lot is 980 sqft (0.02 acres).

How did the sold price of 506 – 69 Gorge Rd, Saanich compare to its BC assessment?

506 – 69 Gorge Rd, Saanich sold for $380,000, 4.3% below its BC-assessed value of $397,200 (assessed July 1, 2025) — a sale-to-assessment ratio of 96%. Source: BC Assessment.

What is the Saanich real estate market like now?

Saanich is currently a seller's market: median sold price $508,000, 4 months of inventory, homes typically selling in about 55 days.

What other condos are for sale in Saanich?

There are 148 condos for sale in Saanich right now. Browse all Saanich condos for sale to see current listings, updated daily from the MLS® system.

How much do condos cost in Saanich?

The median condo sold price in Saanich is $508,000, based on 397 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.

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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 16, 2026.