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206 2589 Penrhyn St

$899,900

Cadboro Bay

Condo2 bd · 2 ba · 1,108 sqftBuilt 2008$812/sqft5 days on market

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About this home

Cadboro Bay Beach home at Cadboro Village! End suite with oversized deck overlooking peaceful surroundings at ''The Promenade''. Shops including Pepper's, cafe, pharmacy and restaurants outside your door in addition to popular Cadboro-Gyro Park and beach. This unit offers space and light with large windows bringing in plenty of sunlight. 2 bedrooms, 2 baths, wood floors and upscale kitchen. Parking stall, storage and in a pet friendly complex. Fantastic location near UVIC in a lovely seaside Village. (id:65179)

Property details

From the listing's public record.

Lot size

1,048 square feet

Year built

2008

Taxes

$4,884/yr

Strata / HOA

$720/month

Zoning

Residential

View

Ocean view

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Baseboard heatersElectric

Parking

Carport

Lot

Cul-de-sacLevel lotRectangular

Style

Contemporary

Community

Family OrientedPets Allowed

Price history

3 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Oct 5, 2026

    Listed $899,900

    Active5 days on marketMLS 1051558
  2. Jul 30, 2021

    $860,000

    Sold6 days on marketMLS 874722
  3. Jul 31, 2009

    $515,000

    Sold18 days on marketMLS 507045

How this listing compares

Based on 235 sales in Saanich East

Median sold

$520,000

Avg days on market

62 days

Avg sale-to-list

97.6%

Avg $/sqft

$565

Price per square foot

This home: $812/sqftArea average: $565/sqft

Above area average

Current market in Saanich East

Active (same type)

115

Pending

67

All active listings

393

Months of supply

5.9

Balanced market — 5.9 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$939,000

Homes in Saanich East sell at 95.1% of assessed value on average.

Based on 222 recent sales.

Local price trend

How Cadboro Bay has moved over the last decade.

6697129Nov 2016Oct 2021Aug 2026

Local price index (normalized) · 118 months

Recent nearby sales

12 sales
  • 410-3277 Glasgow Ave

    $290,000

    1 bd · 1 ba · 823 sqft · $352/sqft · 85 days on market

    Sold Aug 24, 2026 · 84.1% of list

  • 111-1005 Mckenzie Ave

    $300,000

    1 bd · 1 ba · 701 sqft · $428/sqft · 43 days on market

    Sold Aug 21, 2026 · 96.8% of list

  • 209-1025 Inverness Rd

    $254,600

    1 bd · 1 ba · 620 sqft · $411/sqft · 108 days on market

    Sold Aug 20, 2026 · 88.1% of list

  • 311-1550 Church Ave

    $545,000

    2 bd · 2 ba · 788 sqft · $692/sqft · 92 days on market

    Sold Aug 20, 2026 · 97.3% of list

  • 313-1521 Church Ave

    $525,000

    2 bd · 2 ba · 1,196 sqft · $439/sqft · 75 days on market

    Sold Aug 19, 2026 · 99.2% of list

  • 315-3931 Shelbourne St

    $520,000

    2 bd · 2 ba · 1,101 sqft · $472/sqft · 80 days on market

    Sold Aug 19, 2026 · 99% of list

  • 101-3400 Quadra St

    $505,000

    2 bd · 2 ba · 1,064 sqft · $475/sqft · 47 days on market

    Sold Aug 17, 2026 · 100% of list

  • 303-899 Darwin Ave

    $500,000

    2 bd · 2 ba · 1,028 sqft · $486/sqft · 84 days on market

    Sold Aug 14, 2026 · 96.3% of list

  • 408-5329 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

  • 303-1597 Midgard Ave

    $278,000

    1 bd · 1 ba · 768 sqft · $362/sqft · 16 days on market

    Sold Aug 14, 2026 · 93.3% of list

  • 210-1620 Mckenzie Ave

    $448,888

    1 bd · 1 ba · 714 sqft · $629/sqft · 81 days on market

    Sold Aug 13, 2026 · 99.8% of list

  • 205-4030 Borden St

    $418,000

    1 bd · 1 ba · 602 sqft · $694/sqft · 11 days on market

    Sold Aug 13, 2026 · 97.2% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$899,900 − $179,980

$719,920

Down payment

20.0%

$179,980

Property Transfer Tax

$15,998

Legal / closing (est.)

$1,500

Cash to close

$197,478

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

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