748 Walema Ave, Saanich
SE Cordova Bay · Single Family Residence · MLS® 1031561 · Listed Apr 13, 2026
Absolutely gorgeous Ryan Hoyt designed custom home located in the sought after Cordova Bay Ridge area. Perfect 5 bedroom traditional layout offering the elusive Primary Bedroom on the main level. There is an additional bedroom on the main with the other 3 bedrooms and kids family/media room conveniently accessed on the 2nd level. Great room style living area showcases 18 ft coffered ceilings with high clerestory windows giving plenty of natural light. The kitchen is simply stunning with 9x5 Quartzite feature island, full sized s/s fridge & freezer, numerous built-ins, large family eating area & walk-through pantry to the formal dining room. Extensive use of crown molding and wainscotting. Primary bedroom is an absolute getaway with its stunning ensuite & custom walk-in closet. The main floor laundry room also offers custom built-ins. The outside is equally impressive with multi patios including one with hot tub. Stunning landscaping with 2 matching out buildings plus boat/RV parking.
| Property Type | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 3 |
| Interior | 3,491 sqft |
| Lot Size | 10,019 sqft (0.23 acres) |
| Lot Features | Irrigation Sprinkler(s), Landscaped, Level, Private |
| Parking | 7 spaces (2 garage) |
| Year Built | 2016 |
| Fireplaces | 1 |
| Heating | Forced Air, Heat Pump |
| Basement | Crawl Space |
| Exterior | Cement Fibre, Insulation: Ceiling, Insulation: Walls, Stone, Wood |
| Roof | Fibreglass Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Hardwood, Tile |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $9,391 (2025) |
| MLS® # | 1031561 |
| Brokerage | DFH Real Estate Ltd. |
Similar properties sold within 6 months
Cordova Bay single-family averages, updated daily. See Cordova Bay market stats or Saanich market stats.
748 Walema Ave, Saanich sold on April 23, 2026, after 10 days on the market.
The sold price is available free with an 8X account; it was listed at $2,298,000. It is shown publicly once the sale is registered with BC Assessment.
It was on the market for 10 days, from April 13, 2026 to April 23, 2026.
A Single Family Residence in SE Cordova Bay, Saanich with 5 bedrooms, 3 bathrooms, 3,491 sqft, built in 2016.
It has 5 parking spaces.
The lot is 10,019 sqft (0.23 acres).
Saanich is currently a balanced market: median sold price $1,590,000, 5.1 months of inventory, homes typically selling in about 43 days.
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 3, 2026.
