Property Type: TownhouseOwnership: Strata

25 5187 Cordova Bay Rd

Saanich, BC V8Y2K7

$1,179,000

3 bed4 bath2 parking2,728 sqftBuilt 1994
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Property Details

Property & Lot

Sub-type
Row / Townhouse
Lot size
3,588 square feet
Zoning
Residential

Ownership & Fees

Property type
Townhouse
Ownership
Strata
Strata / maintenance fee
$962/mo
Annual property tax
$6,757.6

Interior

Heating
Forced air, Natural gas
Cooling / A/C
None
Fireplace
Yes (3)

Parking

Total spaces
2

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
BathroomMain level2-Piece
EnsuiteSecond level3-Piece
EnsuiteSecond level5-Piece
EnsuiteMain level4-Piece
BedroomSecond level12'1 x 17'4
Primary BedroomSecond level13'5 x 22'8
PatioMain level25'7 x 18'1
KitchenMain level11'8 x 11'10
Family roomMain level11'9 x 20'8
BedroomMain level11'3 x 15'11
Dining roomMain level10'6 x 12'11
Living roomMain level15'3 x 16'9
EntranceMain level8'2 x 12'3

Listing Information

MLS®
1042367
Listed
July 6, 2026
Time on market
On the market for 56 days
Data last synced
August 28, 2026

Listing provided by: Century 21 Queenswood Realty Ltd. · Data source: CREA DDF.

Description

Enjoy the lifestyle that makes Fable Beach Estates one of Cordova Bay's most sought-after communities. Relax on your private patio & beautifully landscaped outdoor space, or stroll to the exclusive beachfront patio reserved for residents—perfect for sunsets, kayaking or simply enjoying the waterfront. Inside, this spacious 2-level townhome offers a rare floorplan with a main-floor bedroom featuring a full ensuite & direct patio access, plus 2 upper bedrooms, each with their own full ensuites. A 2-pce powder room, soaring ceilings, skylights, generous storage & double garage complete the home. Lovingly maintained in original condition, this is a rare opportunity to update & personalize an exceptional home in a premier location. Enjoy the home as-is or create something truly spectacular while adding significant value in one of Victoria's most desirable seaside communities. Just minutes to beaches, golf, Mattick's Farm, the Lochside Trail & everyday amenities. (id:63159)

Values & Trends

This listing

$432/sqft

Building average

No other active listings in this building

Cordova Bay average

$714/sqft

4 active listing(s)

Parking: 2 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Victoria (University of)

12°C

Humidity 89%

Wind NNW calm km/h

Tonight

12°

Tuesday

19°

Tuesday night

13°

Wednesday

15°

Wednesday night

11°

Thursday

15°

Source: Environment and Climate Change Canada.

Population

117,735

(2021 Census)

+3.1% since 2016

Density: 1,136.5/km²

Dwellings: 50,064

Median household income: $93,000

After-tax: $83,000

Immigrant population: 22.5%

Top countries of origin (% of total population)

  • China3.5% · 4,110
  • United Kingdom3.2% · 3,760
  • India2.3% · 2,650
  • Philippines1.7% · 1,995
  • United States of America1.4% · 1,655
  • Germany0.6% · 730
  • Hong Kong0.6% · 720
  • Viet Nam0.5% · 540

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

3/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Cordova Bay ElementaryElementary242 m
Claremont SecondarySecondary1.2 km
Lakeview Christian School(Independent)Elementary/Middle1.5 km
Lochside ElementaryElementary2.8 km
Royal Oak Middle SchoolMiddle3.8 km
Prospect Lake ElementaryElementary4.9 km
St. Margaret's(Independent)K-125.0 km
Lake Hill ElementaryElementary5.2 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Nearby Places

Cafes (1)

  • Adriennes Tea Garden595 m

Parks (5+)

  • Agate Park152 m
  • Unnamed180 m
  • Unnamed231 m
  • Mattick's Wood Park430 m
  • Unnamed463 m

Pharmacies (2)

  • IDA154 m
  • IDA · 5166 Cordova Bay Road154 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 7.9% ($92,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$943,200.00
Periodic payment — Principal & Interest (monthly)$6,085.21
Additional monthly expenses (strata, tax, utilities, etc.)$1,661.17
Total monthly cost$7,746.38
Interest paid over 5-yr term$270,323.83
Balance at end of term$848,411.45

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$92,900
Stress test qualifying rate8.09%
Payment you must qualify for$8,351.73

Cash Needed at Closing

Minimum down payment$92,900
Estimated BC PTT$21,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$115,980

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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