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202 5229 Cordova Bay Rd

$1,350,000

Cordova Bay

Condo2 bd · 2 ba · 1,282 sqftBuilt 2026$1,053/sqft3 days on market

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About this home

Set within one of Cordova Bay’s most sought-after buildings, this exceptional east-facing 2-bedroom corner residence by GT Mann Construction offers refined craftsmanship and a thoughtfully designed layout. The primary bedroom captures morning sun with subtle ocean glimpses, while the second bedroom features floor-to-ceiling windows framed by mature cedar trees, providing both privacy and filtered natural light. The spacious living area is ideal for entertaining and flows seamlessly onto a covered 217 sq ft east-facing terrace—perfect for year-round use and sunrise mornings. Premium finishes include a WOLF induction suite, panelled Fisher & Paykel appliances, and custom Harbour City millwork with rift-cut white oak. Complete with ducted air conditioning and open-concept living, this is a rare offering in the heart of Cordova Bay. (id:65179)

Property details

From the listing's public record.

Lot size

1,499 square feet

Year built

2026

Taxes

$1/yr

Strata / HOA

$637/month

Zoning

Residential

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Heat Pump

Cooling

Air Conditioned

Community

Family OrientedPets Allowed With Restrictions

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Aug 7, 2026

    Listed $1,350,000

    Active3 days on marketMLS 1044794
  2. May 6, 2026

    Listed $1,350,000

    Expired92 days on marketMLS 1034907

How this listing compares

Based on 50 sales in Cordova Bay

Median sold

$1,075,500

Avg days on market

108 days

Avg sale-to-list

100.2%

Avg $/sqft

$788

Price per square foot

This home: $1,053/sqftArea average: $788/sqft

Above area average

Current market in Cordova Bay

Active (same type)

25

Pending

2

All active listings

75

Months of supply

6

Balanced market6 months of supply at the current sales pace.

Assessment

From publicly available property records.

Homes in Saanich East sell at 95.7% of assessed value on average.

Based on 252 recent sales.

Local price trend

How Cordova Bay has moved over the last decade.

6697129Sep 2016Aug 2021Jul 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 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

  • 306-5229 Cordova Bay Rd

    $939,750

    2 bd · 2 ba · 1,090 sqft · $862/sqft · 102 days on market

    Sold Jun 15, 2026 · 105% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$1,350,000 − $270,000

$1,080,000

Down payment

20.0%

$270,000

Property Transfer Tax

$25,000

Legal / closing (est.)

$1,500

Cash to close

$296,500

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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More on this listing

Interested in this home?

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