501 5110 Cordova Bay Rd
$1,350,000
Cordova Bay
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About this home
Arguably the BEST location in this luxury 55+ condo complex! This SOUTH/EAST CORNER PENTHOUSE offers approx. 1,900 SF of bright, spacious living with PANORAMIC OCEAN VIEWS from all principal rooms. The open kitchen/dining area features a massive quartz island, eating bar, breakfast nook, floor-to-ceiling cabinetry, butler’s pantry and access to a wraparound ocean view deck. Both very large bedrooms offer their own walk-in closet, ensuite and balcony access, plus there is a skylit den & 3 outdoor balconies provide almost 500 sf sunny space. Only 2 homes on the 5th floor, with storage next to the suite. Tasteful updates incl. interior paint, cork flooring, walk-in closet and ensuite upgrades, steam shower, bidet toilet seat, custom wallpaper in the powder room, rebuilt awnings, window coverings, fridge, dishwasher, new microwave and built-in recycling station. On-demand hot water, secure pkg with EV charging roughed in, clubhouse, indoor pool, hot tub, guest rooms and 2 pets permitted. (id:65179)
Property details
From the listing's public record.
Lot size
2,371 square feet
Year built
1994
Taxes
$5,599/yr
Strata / HOA
$1,033/month
Zoning
Multi-Family
View
Appliances
Heating
Parking
Lot
Community
Price history
3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 7, 2026
Listed $1,350,000
Active3 days on marketMLS 1050905Sep 5, 2018
$1,047,000
Sold51 days on marketMLS 789394Jan 12, 2006
$510,649
Sold10 days on marketMLS 379929
How this listing compares
Based on 49 sales in Cordova BayMedian sold
$1,080,000
Avg days on market
106 days
Avg sale-to-list
100.3%
Avg $/sqft
$793
Price per square foot
Below area average
Current market in Cordova Bay
Active (same type)
21
Pending
2
All active listings
64
Months of supply
5.1
Balanced market — 5.1 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$1,085,000
Homes in Saanich East sell at 95.1% of assessed value on average.
Based on 222 recent sales.
Local price trend
How Cordova Bay has moved over the last decade.
Local price index (normalized) · 118 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
$1,350,000 − $270,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
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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Interested in this home?
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Listed by Sutton Group West Coast Realty