3931 Cadboro Bay Rd
Saanich, BC V8N4G7
$6,850,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 15,159 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $33,265.85
Interior
- Heating
- Natural gas, Hot Water, Other
- Cooling / A/C
- None
- Fireplace
- Yes (4)
Exterior & Lot
- View
- Mountain view, Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 6
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Patio | Other | — |
| Patio | Other | — |
| Ensuite | Second level | 4-Piece |
| Primary Bedroom | Second level | — |
| Balcony | Second level | — |
| Ensuite | Second level | 3-Piece |
| Bedroom | Second level | — |
| Ensuite | Second level | 3-Piece |
| Bedroom | Second level | — |
| Bathroom | Main level | 5-Piece |
| Primary Bedroom | Main level | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Dining room | Main level | — |
| Laundry room | Main level | — |
| Utility room | Main level | — |
| Pantry | Main level | — |
| Bathroom | Main level | 2-Piece |
| Entrance | Main level | — |
Listing Information
- MLS®
- 1038042
- Listed
- May 27, 2026
- Time on market
- On the market for 97 days
- Data last synced
- August 28, 2026
Listing provided by: Engel & Volkers Vancouver Island · Data source: CREA DDF.
Description
A rare opportunity to own in one of Victoria’s most coveted waterfront neighbourhoods, this extraordinary 4,186 sq.ft. residence presents an exceptional beachfront retreat in Cadboro Bay. Originally conceived by Dan Boot with Jenny Martin and thoughtfully renewed through a recent renovation by Sandy Nygaard, the home balances architectural distinction with effortless coastal living. Four beautifully appointed bedrooms each feature private ensuites, including two luxurious primary suites, one on each level. Dramatic window walls frame sweeping ocean vistas while filling the home with natural light. At the heart of the residence, a chef-inspired kitchen showcases premium appliances, quartzite surfaces, and bespoke cabinetry by Jason Good. Thoughtfully crafted interior embrace openness, light, and quiet sophistication. Expansive principal spaces unfold with seamless flow, while soaring glazing and a south-facing accordion curtain wall dissolve the boundary between indoors and out. Natural light pours through every room, enhancing the tranquil atmosphere and uninterrupted ocean views from all principal living areas. The kitchen serves as both a functional workspace and social centrepiece, with windows opening the full length of the outdoor bar area for effortless entertaining. Carefully considered architectural details and refined finishes lend warmth and elegance throughout, while illuminated gardens create an enchanting evening backdrop. Beyond the interiors, the setting is unforgettable. Manicured gardens, winding pathways create a private sanctuary with direct beach access. Outdoor living spaces are designed for year-round enjoyment, from intimate evenings beside the striking 12-ft fireplace to gatherings around the outdoor kitchen and pizza oven. A Nordic hot tub and outdoor shower overlook the water, offering complete serenity. Perfectly positioned near Cadboro Bay Village, Gyro Beach & the Royal Victoria Yacht Club, this is waterfront living at its very finest. (id:63159)
Values & Trends
This listing
$1,636/sqft
Building average
—
No other active listings in this building
Cadboro Bay average
$786/sqft
4 active listing(s)
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
22
5/9 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
| School | Type | Distance |
|---|---|---|
| Frank Hobbs Elementary | Elementary | 1.0 km |
| Arbutus Global Middle School | Elementary | 1.9 km |
| Campus View Elementary | Elementary | 2.6 km |
| Mount Douglas Secondary | Secondary | 2.6 km |
| Maria Montessori Academy(Independent) | Elementary | 2.7 km |
| St. Michaels University School(Independent) | K-12 | 3.1 km |
| Ecole Willows Elementary | Elementary | 3.1 km |
| Hillcrest Elementary | Elementary | 3.3 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
Restaurants (2)
- Thai Lemongrass · 3838 Cadboro Bay Road689 m
- Mutsuki-An Japanese Restaurant · 2560A Sinclair Road732 m
Cafes (3)
- Moka House · 1849b Cadboro Bay Road619 m
- Olive Olio's · 3840 Cadboro Bay Road672 m
- Jusu · 2560 Sinclair Road726 m
Grocery (1)
- Pepper's Foods · 3829 Cadboro Bay Road644 m
Parks (5+)
- Cadboro-Gyro Park424 m
- Unnamed453 m
- Unnamed546 m
- Benson Park563 m
- Unnamed564 m
Pharmacies (1)
- Heart Pharmacy · 3825 Cadboro Bay Road648 m
Nearby places data: © OpenStreetMap contributors.
School district: Victoria (SD61)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($1,370,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.