
201 5229 Cordova Bay Rd
$1,235,000
Cordova Bay
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About this home
Situated atop the building’s landscaped podium on the quiet interior side of the property, this stunning, east-facing residence blends luxury living with a tranquil forest and coastal backdrop. This spacious 2-bedroom 2-bathroom plus den home crafted by award-winning GT Mann Construction showcases an exceptional attention to detail and livability. Its thoughtful layout positions the two bedrooms on opposite sides of the living area, creating a sense of privacy and spaciousness rarely found in modern condo design. The open-concept living space is centered around a chef-inspired kitchen with ample storage and a premium appliance suite—WOLF induction cooktop and oven, paneled Fisher & Paykel fridge/freezer, and double-drawer dishwashers—as well as an oversized peninsula counter-space perfect for cooking, hosting, and everyday living. Custom millwork by Harbour City Kitchens features rift-cut white oak veneers and solid birch dovetail drawers, bringing warmth and sophistication to the home. The den adds meaningful versatility: well-sized for a sofa bed, ideal as a home office, music room, art space, or additional storage—allowing the home to adapt to a wide range of lifestyles. Expansive ocean views extend across the living room and both bedrooms, capturing breathtaking sunrises and filling the home with natural light. A fully covered east-facing balcony provides generous outdoor living space—the perfect setting for morning coffee with the coastal horizon as your backdrop. Ducted air conditioning ensures year-round comfort. Blending an exceptional layout with premium craftsmanship, flexible spaces, and some of the most captivating views in the building, 201 at Tiller & Grace represents a rare opportunity to own one of the development’s standout homes in the heart of Cordova Bay. (id:65179)
Property details
From the listing's public record.
Lot size
1,307 square feet
Year built
2026
Taxes
$1/yr
Strata / HOA
$563/month
Zoning
Residential
Appliances
Heating
Cooling
Community
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 18, 2026
Listed $1,235,000
Active1 days on marketMLS 1050029
How this listing compares
Based on 51 sales in Cordova BayMedian sold
$1,080,000
Avg days on market
106 days
Avg sale-to-list
100.1%
Avg $/sqft
$788
Price per square foot
Above area average
Current market in Cordova Bay
Active (same type)
22
Pending
2
All active listings
66
Months of supply
5.2
Balanced market — 5.2 months of supply at the current sales pace.
Assessment
From publicly available property records.
Homes in Saanich East sell at 95.5% of assessed value on average.
Based on 236 recent sales.
Local price trend
How Cordova Bay has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales408-5329 Cordova Bay Rd
$1,450,000
2 bd · 2 ba · 1,761 sqft · $823/sqft · 15 days on market
Sold Aug 14, 2026 · 93.5% of list
209-5120 Cordova Bay Rd
$875,000
2 bd · 2 ba · 1,220 sqft · $717/sqft · 39 days on market
Sold Jul 31, 2026 · 98.4% of list
103-990 Doumac Ave
$899,000
2 bd · 2 ba · 1,334 sqft · $674/sqft · 43 days on market
Sold Jul 31, 2026 · 100% of list
607-5332 Sayward Hill Cres
$1,700,000
2 bd · 2 ba · 2,005 sqft · $848/sqft · 3 days on market
Sold Jul 30, 2026 · 95.5% of list
604-5332 Sayward Hill Cres
$1,520,000
2 bd · 2 ba · 2,013 sqft · $755/sqft · 47 days on market
Sold Jun 30, 2026 · 95.7% of list
505-5110 Cordova Bay Rd
$772,000
2 bd · 3 ba · 1,684 sqft · $458/sqft · 87 days on market
Sold Jun 30, 2026 · 96.5% of list
205-5229 Cordova Bay Rd
$639,450
1 bd · 1 ba · 728 sqft · $878/sqft · 83 days on market
Sold Jun 26, 2026 · 105% of list
201-990 Doumac Ave
$1,099,000
2 bd · 2 ba · 1,567 sqft · $701/sqft · 28 days on market
Sold Jun 23, 2026 · 100% of list
206-5229 Cordova Bay Rd
$918,750
2 bd · 2 ba · 1,090 sqft · $843/sqft · 50 days on market
Sold Jun 18, 2026 · 105% of list
207-5229 Cordova Bay Rd
$997,500
2 bd · 2 ba · 1,169 sqft · $853/sqft · 1 day on market
Sold Jun 18, 2026 · 105% of list
204-5229 Cordova Bay Rd
$640,395
1 bd · 1 ba · 744 sqft · $861/sqft · 47 days on market
Sold Jun 18, 2026 · 105% of list
302-738 Sayward Hill Terr
$1,500,000
2 bd · 2 ba · 2,007 sqft · $747/sqft · 35 days on market
Sold Jun 17, 2026 · 95.2% of list
What would this home cost?
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Monthly mortgage
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Loan amount
$1,235,000 − $247,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$271,200
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
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Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.