#B – 3942 Telegraph Bay Rd, Saanich
Cadboro Bay · Half Duplex · MLS® 1044409 · Listed Jul 29, 2026
**Modern Coastal Luxury in Cadboro Bay.** Experience exceptional craftsmanship and timeless design in this brand-new 4-bedroom, 5-bathroom home with a den and versatile 1-bedroom suite for extended family, guests, or mortgage assistance. Premium finishes include hardwood floors, 9' ceilings, 8' interior doors, expansive windows, a gas fireplace, and a chef's kitchen with quartz counters, custom millwork, a Wolf gas range, and Fisher & Paykel appliances. Upstairs offers a luxurious primary suite with a spa-inspired ensuite and walk-in closet, two additional bedrooms, a family flex area, and laundry, with one bedroom featuring its own ensuite. Enjoy a large deck overlooking the private, fully fenced, irrigated yard. EV roughed in garage, extra parking, and steps to Gyro Beach, Cadboro Bay Village, UVic, and minutes to Downtown Victoria. This is a rare opportunity to own a brand-new luxury home where exceptional quality, thoughtful design, and an unbeatable location come together.
| Property Type | Half Duplex |
| Bedrooms | 4 |
| Bathrooms | 5 |
| Interior | 3,104 sqft |
| Lot Size | 10,728 sqft (0.24 acres) |
| Lot Features | Central Location, Easy Access, Family-Oriented Neighbourhood, Irrigation Sprinkler(s), Landscaped, Level, Marina Nearby, Near Golf Course, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Sidewalk, Southern Exposure |
| Parking | 3 spaces (1 garage) |
| Year Built | 2026 |
| Fireplaces | 1 |
| Heating | Baseboard, Electric, Forced Air, Heat Pump, Natural Gas |
| Basement | Crawl Space, Finished, Full, Walk-Out Access, With Windows |
| Exterior | Cement Fibre, Frame Wood, Insulation: Ceiling, Insulation: Walls, Stone, Wood |
| Roof | Asphalt Torch On, Fibreglass Shingle |
| Foundation | Concrete Perimeter, Slab |
| Flooring | Hardwood |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $1 (2026) |
| Strata Fee | $1/mo |
| Pets | Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit |
| Building Stories | 3 |
| Parking Type | Additional Parking, Attached, Driveway, Garage |
| MLS® # | 1044409 |
| Brokerage | eXp Realty |
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Similar properties sold within 6 months
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Cadboro Bay condo averages, updated daily. See Cadboro Bay market stats or Saanich market stats.
It is listed at $2,199,000.
A Half Duplex in SE Cadboro Bay, Saanich with 4 bedrooms, 5 bathrooms, 3,104 sqft, built in 2026.
It has 2 parking spaces (Additional Parking, Attached, Driveway, Garage).
The lot is 10,728 sqft (0.24 acres).
Saanich is currently a seller's market: median sold price $712,500, 3 months of inventory, homes typically selling in about 45 days.
The median condo sold price in Cadboro Bay is $712,500, based on 8 sales over the past 12 months. The median price per square foot is $846. Compare asking prices across the condos currently for sale in Cadboro Bay.
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Sep 17, 2026.
