5229 Cordova Bay Rd - Apartments CONDO FOR SALE


Saanich, BC V8Y 2L1
$750,000 CAD
250-386-0004
5229 Cordova Bay Rd, Saanich, BC for Sale
$750,000 CAD
Apartments CONDO - FOR SALE
1/5
null | Request Cap Rate

Dec '25


5229 Cordova Bay Rd
Saanich, BC V8Y 2L1


HIGHLIGHTS

  • Positioned within a luxury oceanfront development steps from the beach.
  • Features a large west-facing patio ideal for café or retail use.
  • Surrounded by high-income households and growing population density.
  • Offers six dedicated commercial parking stalls and rooftop venting.
  • Located in Cordova Bay’s revitalized village core with strong traffic counts.

OVERVIEW

Offered at $750,000, this boutique commercial unit presents a compelling opportunity for owner-users or investors seeking a foothold in one of Victoria’s most affluent and rapidly growing coastal communities. The surrounding area boasts an average household income of $173,040 within a 1 km radius and is projected to see a 26% population increase by 2028. Approximately 6,000 vehicles pass the nearby intersection of Cordova Bay Road and Fenn Avenue daily, ensuring strong visibility and customer access. Located within a high-quality mixed-use development and steps from the beach, this property combines lifestyle appeal with strategic commercial viability. Whether launching a café, retail concept, or professional office, this space offers the infrastructure, location, and demographic support to thrive.

FOR SALE DETAILS

PRICE

$750,000 CAD

PRICE/SF

$766 CAD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

-

STATUS

Under Construction

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Tiller + Grace

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

34,795 SF

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

C-1CBV

APN/PARCEL ID

004-416-015

ASK ABOUT THIS PROPERTY

Ross Marshall, PRECCBRE, LimitedMore Info
250-386-0004

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Ross Marshall, PRECCBRE, LimitedMore Info
250-386-0004

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.