Ph 402 5229 Cordova Bay Rd
$1,375,000
Cordova Bay
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About this home
Perched on the top floor at Tiller & Grace, Penthouse 402 is a beautifully designed southwest corner residence offering the perfect blend of indoor comfort and outdoor living. This 2-bedroom, 2-bath home features 1215 sq. ft. of thoughtfully designed interior space paired with an impressive 293 sq. ft. of private rooftop terraces designed to maximize sun, privacy, and entertainment. The open-concept corner layout offers exceptional natural light along with generous space for dining, relaxing, and hosting guests. The thoughtfully separated bedrooms create ideal privacy for owners and visitors alike, making the home perfectly suited for downsizers, professionals, or those who love to entertain. One expansive west-facing terrace sits directly off the kitchen — an ideal setting for an outdoor kitchen, BBQ area, or evening dining in the afternoon sun. The second southwest-facing terrace captures expansive southwest views of ocean and forest, while creating an incredible outdoor lounge space to enjoy sunsets and the coastal lifestyle Cordova Bay is known for. With its seamless connection between indoor and outdoor living spaces, premium finishes, and a rare top-floor vantage point, PH 402 offers a truly elevated living experience just moments from beaches, parks, and everyday amenities. (id:65179)
Property details
From the listing's public record.
Lot size
1,508 square feet
Year built
2026
Taxes
$1/yr
Strata / HOA
$611/month
Zoning
Residential/Commercial
View
Appliances
Heating
Cooling
Community
Price history
1 recordEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 18, 2026
Listed $1,375,000
Active1 days on marketMLS 1050036
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
$1,375,000 − $275,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$302,000
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 Rennie & Associates Realty Ltd.