For Sale21d on market

5015 Cordova Bay Rd

Saanich, BC, V8Y2K1 • Cordova Bay • Capital Regional District

$1,250,000

$791/sqft

Down payment assistance available

2Beds

1Baths

1,581Sqft

0.12 acLot

1948Built

Property DNA

4 highlights

Waterfront Property

Ocean Front, Walk on Waterfront

Scenic Views

Mountain(s) · Ocean

Character Home

Built 1948 · 78 years of history

2 Fireplaces

Wood Burning Stove

This home is in high demand

Listed 21 days ago · 138 views · 2 saves · Top 6% likely to sell soon

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Market activity

Demand and pricing signals for this listing

138 views

People checking out this listing

2 saves

Buyers have saved this home

21 days on market

Recently listed

$791/sqft

Price per square foot

Selling Soon Prediction

Very High

This home ranks in the top 6% of listings most likely to go under contract soon, based on market activity and demand signals.

Likelihood score

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About this home

Single Family · Built 1948

First time on the market! This rare waterfront offering presents a golden opportunity to build your dream home in one of Cordova Bay’s most desirable locations. Set on a 0.124-acre lot with breathtaking views over Haro Strait and the Gulf Islands, the original 1948 home is ready for its next chapter. Surrounded by multi-million dollar residences, this property offers direct beach access and endless potential to create a custom oceanfront retreat. Enjoy sunrise paddles, beach strolls, and the peaceful rhythm of coastal living—all just minutes from Mt. Doug Park, schools, golf, Broadmead Village, and downtown Victoria. A legacy property in a legacy location—bring your vision and make it yours.

Standout features identified

Our analysis highlights waterfront offering and direct beach access as key attractions of this home.

Estimated monthly payment

Based on current rates

$8,153/month

Principal & Interest$6,486

Property Tax$1,250

Insurance$417

Down payment20% ($250,000)

3%50%

Est. 6.75% rate · 30yr fixed · $1,000,000 loan

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At a glance

Key facts and listing details

TypeSingle Family Residence

Year Built1948

HeatingForced Air, Oil

CoolingNone

ParkingNone

Lot5,227 sqft

Days on Zillow21 Days

Price/sqftC$791

Property

Home typeSingle Family

Sub-typeSingle Family Residence

ConditionContact List Licensee,Resale

Year built1948

Systems

HeatingForced Air, Oil

CoolingNone

RoofAsphalt Shingle

ConstructionVinyl Siding

Water / SewerMunicipal

Parking & Outdoor

ParkingNone

BasementPartially Finished,Walk-Out Access,With Windows

Fireplaces2

Lot5,227 sqft

Location & Tax

NeighborhoodCordova Bay

Annual tax$7,354

Parcel008329192

Features & details

11 categories of property features

Interior Features

Interior

Dining/Living Combo

Appliances

Dishwasher

Dryer

Oven/Range Electric

Refrigerator

Washer

Heating

Forced Air

Oil

Cooling

None

Laundry

Inside

Fireplace

Wood Burning Stove

Accessibility

Ground Level Main Floor

Exterior Features

Parking

None

Construction

Vinyl Siding

Lot Features

Central Location

Views

Mountain(s)

Ocean

Room details

1 room detailed

Kitchen

Main

Listing insights

Market data and value estimates

StatusFor Sale

Days on market21

Est. rent$2,310/mo

Price/sqft$791

On marketMar 16, 2026

PostedMar 16, 2026

MLS updatedMar 30, 2026

Tour days6

Favorites2

How are the schools in Saanich?

2 schools rated nearby

N/A

Griffin Bay School

Elementary • Public • K-12

15.9 mi

Friday Harbor High School

High • Public • 9-12

15.9 mi

Location

Saanich, BC, V8Y2K1

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Price history

1 event

DateEventPrice$/sqftSource

Mar 16, 2026Listed For Sale$1,250,000$791VIVA

Listed For Sale$1,250,000

Mar 16, 2026•$791/sqft•VIVA

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Off Market

4 bd6 ba

5011 Cordova Bay Rd, Saanich, BC