Seaside living near UVic with sandy beaches and ocean views
Saanich
Cadboro Bay offers seaside living near UVic with sandy beaches and ocean views from a coastal pocket on Saanich's eastern edge. The 1.5 km beach and playground at Gyro Park, the small Cadboro Bay Village shops, and the Royal Victoria Yacht Club anchor daily life. Cadboro Bay real estate is dominated by single-family homes, including older character properties and view-oriented rebuilds, with townhomes and a few low-rise condos near the village core. There are 11 homes for sale at a median of $1.73M. Houses move in 44 days, with prices -16.8% year-over-year. Browse every Cadboro Bay listing below with sold data and live market stats. Explore the live Cadboro Bay market dashboard for 24-month price trends, inventory and days-on-market.
Median sold prices in Cadboro Bay are down 26.7% compared with a year ago, and homes trade at a median of $738 per square foot. By property type, Cadboro Bay sees single-family homes around $1.73M, condos around $678K, townhomes around $1.84M. Recently, 21% of sales closed above the asking price, with homes averaging 41 days on market. Sale prices have been running near 102% of BC Assessment value. Sales activity tends to peak around August and is quietest around November, a useful signal for timing a purchase or sale.
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Browse current properties for sale in this municipality
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.
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.
Cadboro Bay is a seaside village neighbourhood in Saanich East, wrapped around the sheltered beach and lawns of Gyro Park and just minutes from the University of Victoria. It has a relaxed, coastal-village atmosphere that residents prize.
Homes range from mid-century and updated family houses to substantial waterfront and view properties, on leafy lots near the beach. It is an established, sought-after area that holds its appeal across market cycles.
Gyro Park beach, the small Cadboro Bay Village shops and easy access to UVic and Mount Tolmie define the lifestyle, outdoor, family-friendly and walkable to the water. It suits buyers wanting a beach-village feel close to campus and Oak Bay.
Waterfront and view homes are the marquee segment and trade individually, while family homes near the village and UVic are steadily in demand. Use the live Cadboro Bay data above for current conditions and recent sales.
11 for sale
median $1.73M · -16.8% YoY
The 10 most recent home sales in Cadboro Bay had a median sold price of $1,260,000. Sold prices appear once registered with BC Assessment; the rest are free with an 8X account.
