Property Type: Condo / ApartmentOwnership: Strata

307 5332 Sayward Hill Cres

Saanich, BC V8Y3H8

$1,550,000

2 bed2 bath1 parking2,073 sqftBuilt 2005
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Property Details

Property & Lot

Sub-type
Apartment
Lot size
2,001 square feet
Zoning
Multi-Family

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$888/mo
Annual property tax
$7,488

Interior

Heating
Baseboard heaters, Electric, Natural gas, Other
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

View
Mountain view, Ocean view, Valley view

Parking

Total spaces
1 — uncovered indicated
Features
Underground

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
BalconyMain level9' x 12'
Laundry roomMain level7' x 18'
BedroomMain level14' x 15'
BathroomMain level4-Piece
EnsuiteMain level5-Piece
Primary BedroomMain level13' x 21'
KitchenMain level12' x 14'
Dining roomMain level12' x 15'
Living roomMain level20' x 25'
EntranceMain level8' x 13'

Listing Information

MLS®
1044152
Listed
July 24, 2026
Time on market
On the market for 38 days
Data last synced
August 28, 2026

Listing provided by: Newport Realty Ltd. · Data source: CREA DDF.

Description

Experience the epitome of luxury living in this exceptional 2,073sf condo at SAYWARD HILL's exclusive THE WAVE by Jawl Dev. Delight in the breathtaking panoramic vistas of Cordova Bay Golf Course, Gulf Islands, Salish Sea & majestic Mt. Baker from the meticulously maintained residence. Boasting a thoughtfully designed layout with floor-to-ceiling windows, spacious living areas, custom-built cabinetry, a cozy gas fireplace, and an all-season balcony perfect for enjoying the views and hosting BBQs. The chef's kitchen is a culinary enthusiast's dream with gas range, abundance of cabinets, separate island and solid surface counters. Complemented by natural slate tiles and in-floor heating this home is truly inviting. The primary suite exudes opulence with a spa-inspired Ensuite featuring a walk-in shower, while the Media room serves as a versatile space for work or guests. With underground parking and close proximity to Mattick's Farm, scenic trails, sandy beaches, and a short commute to Downtown, this home presents an unparalleled opportunity to reside in one of Victoria's most esteemed communities. (id:63159)

Values & Trends

This listing

$748/sqft

Building average

No other active listings in this building

Cordova Bay average

$863/sqft

25 active listing(s)

Parking: 1 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)

13°C

Humidity 83%

Wind WNW 2 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 ElementaryElementary413 m
Lakeview Christian School(Independent)Elementary/Middle926 m
Claremont SecondarySecondary1.5 km
Lochside ElementaryElementary3.4 km
Royal Oak Middle SchoolMiddle4.0 km
Prospect Lake ElementaryElementary4.4 km
Keating ElementaryElementary4.7 km
St. Margaret's(Independent)K-125.5 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 Garden98 m

Parks (5+)

  • Sayward Hill Park51 m
  • Mattick's Wood Park252 m
  • Beckton Park299 m
  • Sayward Hill Park · 750 Cordova Bay Road337 m
  • Lochside Park615 m

Pharmacies (2)

  • IDA727 m
  • IDA · 5166 Cordova Bay Road727 m

Nearby places data: © OpenStreetMap contributors.

School district: Saanich (SD63)

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($310,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,240,000.00
Periodic payment — Principal & Interest (monthly)$8,000.06
Additional monthly expenses (strata, tax, utilities, etc.)$1,616.00
Total monthly cost$9,616.06
Interest paid over 5-yr term$355,387.56
Balance at end of term$1,115,384.01

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$310,000
Stress test qualifying rate8.09%
Payment you must qualify for$9,535.17

Cash Needed at Closing

Minimum down payment$310,000
Estimated BC PTT$29,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$340,500

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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