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Renanza Realty
For sale

5173 Cordova Bay Rd

Saanich, British Columbia

MLS® 1053946

$2,950,000

Status
Active
Property type
House
MLS® number
1053946
Bedrooms
4
Bathrooms
4
Year built
1988

Listing description

For more information, please click Brochure button. Nestled in Victoria's beautiful Cordova Bay, 5173 Cordova Bay Road offers coastal tranquility, stunning ocean views and exceptional future potential. Set on a rare double-frontage, quarter-acre lot, this lovingly maintained 4 bed(+office)/3.

5 bath home captures panoramic water views from multiple rooms, especially the primary bedroom with its private second-floor balcony. Enjoy an unbeatable location just steps from Agate Park and Cordova Bay Beach, with no stairways to the shoreline. Superb walkability; the church and preschool are across the road, The Haro complex is five minutes, Cordova Bay School and the 55+ Association are ten minutes, and Mattick's Farm golf/shops/dining are within 15 minutes.

The home's generous patio is perfect for entertaining, while the lush yard features an apple tree, a plum tree, three cherry trees and productive garden beds that yield over 200 lbs of tomatoes annually. A newer unregistered basement suite provides additional income potential and privacy, with its own entrance, electrical meter, washer/dryer and access to a south-facing garden. The spacious RV pad offers a 30-amp hookup, sewer clean-out and access to a solar battery bank in the storage shed.

With the principle of self-reliance, there is a generator hookup, multiple heating options, durable updates and the flexibility of secondary income. Municipal improvements include a green corridor from Agate Park to Elk Lake, and sidewalks and bike lanes to Mattick's Farm. Saanich Planning has provided positive preliminary feedback regarding potential redevelopment into six townhouses under the Official Community Plan (OCP), subject to required approvals.

Whether you're drawn to the ocean views, walkable lifestyle, flourishing gardens, income opportunity or long-term possibilities, this inviting coastal haven is a rare find. Take in the fresh sea air, cultivate your own garden, welcome guests and enjoy a home with possibilities.

Property summary

MLS® number
1053946
Property type
Single Family
Building type
House
Square footage
2,996 sq ft
Title
Freehold
Land size
11160 square feet
Built in
1988
Annual property taxes
$7,807.00
Parking
3 spaces · Garage, RV
Days on market
0 days

Features & details

Heating
Baseboard heaters, Natural gas, Wood, Other
Cooling
Fully air conditioned
Appliances
Washer, Refrigerator, Hot Tub, Range - Electric, Dishwasher, Dryer
Lot features
Central location, Sloping, Other, Rectangular

What would this home cost you?

Based on the $2,950,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$13,726 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Easy List Realty, Victoria.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.