5039 Cordova Bay Rd
Saanich, BC V8Y2K1
$4,500,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 6,385 square feet
- Zoning
- Residential
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Strata / maintenance fee
- $0/mo
- Annual property tax
- $22,198.02
Interior
- Heating
- Heat Pump, Forced air, Natural gas
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (2)
Exterior & Lot
- View
- Mountain view, Ocean view
- Waterfront
- Waterfront on ocean
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Other | Lower level | — |
| Wine Cellar | Lower level | — |
| Laundry room | Lower level | — |
| Bathroom | Lower level | 4-Piece |
| Bedroom | Lower level | — |
| Bedroom | Lower level | — |
| Other | Lower level | — |
| Family room | Lower level | — |
| Storage | Second level | — |
| Bathroom | Second level | 3-Piece |
| Gym | Second level | — |
| Mud room | Second level | — |
| Bathroom | Second level | 4-Piece |
| Bedroom | Second level | — |
| Ensuite | Second level | 5-Piece |
| Primary Bedroom | Second level | — |
| Entrance | Main level | — |
| Bathroom | Main level | — |
| Pantry | Main level | — |
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Family room | Main level | — |
Listing Information
- MLS®
- 1033902
- Listed
- May 13, 2026
- Time on market
- On the market for 110 days
- Data last synced
- August 28, 2026
Listing provided by: Sotheby's International Realty Canada · Data source: CREA DDF.
Description
Extraordinary oceanfront living Set directly on the sandy shores of Cordova Bay, this striking Malibu-style residence is in a class of its own with panoramic ocean views from every principal room. A smart home blending architectural sophistication with effortless seaside living. Remarkable custom features include a river-rock stream, dramatic up-lit feature wall and unique liquid crystal front door. Sandy Nygaard's thoughtful interior design demonstrates exceptional attention to detail with quality finishes. The chef-inspired kitchen features top-of-the-line appliances, expansive preparation areas and an abundance of storage. French doors from the kitchen and living room allow for seamless flow to the sun-drenched view deck. Offering 4 bedrooms, the home is designed for both comfortable daily living and memorable entertaining. The lower level, with 2 bedrooms and generous gathering spaces for entertaining or family movie nights, opens directly to the oceanside fire pit terrace - perfect for hosting family & friends. A separate gym provides an ideal retreat for fitness enthusiasts. An extraordinary waterfront home in one of Victoria’s most coveted seaside settings. (id:63159)
Values & Trends
This listing
$881/sqft
Building average
—
No other active listings in this building
Cordova Bay average
$733/sqft
30 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)
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
15
2/9 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 |
|---|---|---|
| Claremont Secondary | Secondary | 701 m |
| Cordova Bay Elementary | Elementary | 1.0 km |
| Lochside Elementary | Elementary | 2.1 km |
| Lakeview Christian School(Independent) | Elementary/Middle | 2.1 km |
| Royal Oak Middle School | Middle | 3.2 km |
| St. Margaret's(Independent) | K-12 | 4.2 km |
| Lake Hill Elementary | Elementary | 4.5 km |
| Torquay Elementary | Elementary | 4.8 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
Parks (5+)
- Unnamed122 m
- Doris Page Park205 m
- Cordova Bay Park217 m
- McMorran Park · 5099 Cordova Bay Road327 m
- Unnamed338 m
Pharmacies (2)
- IDA652 m
- IDA · 5166 Cordova Bay Road652 m
Nearby places data: © OpenStreetMap contributors.
School district: Saanich (SD63)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($900,000) — 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.