301 2580 Penrhyn St
$969,000
Cadboro Bay
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About this home
Extravagant PENTHOUSE, over 1,000sf, 2 bed+den/home office situated in the prestigious ''Element'' by Abstract Dev. at Cadboro Bay Village. This opulent residence has undergone over $95,000 in lavish custom upgrades, including a meticulously crafted gourmet kitchen adorned with bespoke cabinetry, premium appliances, abundant storage and luxurious Dekton stone countertops. Indulge in the ambiance of the 50'' fireplace with a designer stone feature and custom wood mantle in the bright and spacious living and dining area. Enjoy the comfort of gas-fired, on-demand hot water, heated bathroom floors and with its striking architectural features such as 10-ft ceilings, 4 skylights, transom windows, exquisite hardwood flooring, this top floor beauty exudes character & sophistication. Experience west coast sunsets on your west facing balcony with gas/power/water & experience the epitome of luxury living in Cadboro Bay Village, with its proximity to parks, beaches, bike trails, UVic, and convenient transit options along with great walking routes for you and your pets - 1 dog or 2 cats welcome. This is truly a Seaside Escape not to be missed! (id:65179)
Property details
From the listing's public record.
Lot size
965 square feet
Year built
2016
Taxes
$3,947/yr
Strata / HOA
$735/month
Zoning
Residential/Commercial
Appliances
Heating
Parking
Lot
Community
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Aug 25, 2026
Listed $969,000
Active5 days on marketMLS 1047755Nov 30, 2020
$760,000
Sold70 days on marketMLS 852082
How this listing compares
Based on 265 sales in Saanich EastMedian sold
$520,000
Avg days on market
59 days
Avg sale-to-list
97.5%
Avg $/sqft
$561
Price per square foot
Above area average
Current market in Saanich East
Active (same type)
115
Pending
67
All active listings
387
Months of supply
5.2
Balanced market — 5.2 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$759,000
Homes in Saanich East sell at 95.7% of assessed value on average.
Based on 252 recent sales.
Local price trend
How Cadboro Bay has moved over the last decade.
Local price index (normalized) · 119 months
Recent nearby sales
12 sales410-3277 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
$969,000 − $193,800
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$212,680
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?
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Listed by Newport Realty Ltd.