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$3,650,000
1049261 MLS
RARE CADBORO BAY WATERFRONT OPPORTUNITY—now offered at a significantly adjusted price reflecting today’s market. This low-bank, beach-level property is located in one of Victoria’s most desirable coastal settings. This LAND ONLY sale is priced at lot value; construction costs are excluded. The 10,445 sq.ft. parcel offers unobstructed water views and a shovel-ready, extensively de-risked development opportunity. Approvals include a Saanich Board of Variance height variance to 8.19 m (26.9 ft), archaeological permit (Site DcRt-9), demolition permit, and structural engineer approval to utilize the existing foundation. Flood, geotechnical and soil engineering studies, hazardous materials assessment, and new perimeter drainage are complete. Plans and renderings by Step One Design are available, together with the involvement of Tidman Construction, one of Greater Victoria’s most respected builders. Explore: https://maxsites.ca/waring/ Buyer to verify all information and approvals.

3767 Waring Pl, Saanich

Courtesy of RE/MAX Camosun

$879,000
3 Beds 2 Baths 1047876 MLS Penrhyn Close BLDG.
*O/H SAT 11:30-1:30* Rare Offering in this Quaint Seaside Neighbourhood, Penrhyn Close is a Delightful Adult Oriented 55+Townhouse Complex with 16 Units Ideally Situated in the Heart of Cadboro Bay! This Two Level Private Residence has Three Bedrooms and Two Full Bathrooms, Excellent Floor Plan Offers your Primary Bedroom on the Main Floor or the Upper Level! Open Concept Main Floor, Living Room with Vaulted Ceilings, Skylights and a Cosy Wood Burning Fireplace, Bright Open Kitchen with Adjoining Dining Room which Leads to a Sunny Private Deck and Gorgeous Private Garden. Single Carport, Crawl Space, Upper Storage Room and Exterior Storage Room. Very Well Managed Self-Governing Strata, One Small Dog or Cat Welcome. Only Steps Away from Cadboro Bay Beach, Gyro Park and Maynard Park. These Townhouses are next to the Village where you'll find, Pepper's, Heart Pharmacy, Restaurants, Cafes, Boutiques and Spa's. Truly a Wonderful Community to be Part of in Cadboro Bay!

2566 Penrhyn St Unit ##10, Saanich

Courtesy of RE/MAX Camosun

$1,950,000
1047051 MLS
PRIME CADBORO BAY DEVELOPMENT SITE. Set on a level, approximately 21,775 sq. ft. (0.5 Acre) lot, this property combines exceptional development potential with a coastal lifestyle, just a short walk to Cadboro-Gyro Beach, parks, trails and Cadboro Bay Village. The site offers multiple development pathways under the current RS-10 zoning and SSMUH framework, including potential for up to four ground-oriented dwelling units without rezoning. The generous, level site also presents an opportunity to explore subdivision, with a minimum lot size of 8,396 sq. ft. under the RS-10 zoning bylaw. Cadboro Bay is an exceptional setting for high-end missing-middle housing, with limited land supply and strong demand from downsizers seeking lower-maintenance living without sacrificing quality, location or beach access. A rare opportunity to create a premium residential project in one of Greater Victoria's most desirable coastal neighbourhoods. Call today for a site tour or for more information.

3934 Telegraph Bay Rd, Saanich

Courtesy of Coldwell Banker Oceanside Real Estate

$4,580,000
4 Beds 4 Baths 1047189 MLS
Rare turn-key 0.73-acre low-bank oceanfront estate with 130ft of white sand beach in prestigious Cadboro Bay, Victoria, BC! Fully renovated top-to-bottom with high-end finishes and transferable warranties, this sanctuary offers the ultimate coastal lifestyle. *Healthy & Community-Focused*: Minutes to safe parks for kids, local farm-fresh markets, and engaging neighborhood social events. *Turn-Key Luxury*: Brand-new roof, windows, floors, lighting, designer landscaping, and a south-facing patio with a Spanish stone fire pit. *Versatile 4BR/4BA Layout*: Features 2 main-level primary ensuites, executive office, 2-car garage + 6-vehicle driveway, and prime garden suite potential. *Unbeatable Location*: Minutes to UVic, top elite schools, healthcare, yacht clubs, downtown Victoria, and 30 mins to Victoria Int'l Airport. Vetted film production site. Move right in to Victoria' s ultimate oceanfront lifestyle!

3905B Cadboro Bay Rd, Saanich

Courtesy of Pemberton Holmes Ltd.

$2,199,000
4 Beds 5 Baths 1044409 MLS
**Modern Coastal Luxury in Cadboro Bay.** Experience exceptional craftsmanship and timeless design in this brand-new 4-bedroom, 5-bathroom home with a den and versatile 1-bedroom suite for extended family, guests, or mortgage assistance. Premium finishes include hardwood floors, 9' ceilings, 8' interior doors, expansive windows, a gas fireplace, and a chef's kitchen with quartz counters, custom millwork, a Wolf gas range, and Fisher & Paykel appliances. Upstairs offers a luxurious primary suite with a spa-inspired ensuite and walk-in closet, two additional bedrooms, a family flex area, and laundry, with one bedroom featuring its own ensuite. Enjoy a large deck overlooking the private, fully fenced, irrigated yard. EV roughed in garage, extra parking, and steps to Gyro Beach, Cadboro Bay Village, UVic, and minutes to Downtown Victoria. This is a rare opportunity to own a brand-new luxury home where exceptional quality, thoughtful design, and an unbeatable location come together.

3942 Telegraph Bay Rd Unit ##B, Saanich

Courtesy of eXp Realty

$2,249,000
4 Beds 5 Baths 1044326 MLS
**Modern Coastal Luxury in Cadboro Bay.** Experience exceptional craftsmanship and timeless design in this brand-new 4-bedroom, 5-bathroom home with a den and versatile 1-bedroom suite for extended family, guests, or mortgage assistance. Premium finishes include hardwood floors, 9' ceilings, 8' interior doors, expansive windows, a gas fireplace, and a chef's kitchen with quartz counters, custom millwork, a Wolf gas range, and Fisher & Paykel appliances. Upstairs offers a luxurious primary suite with a spa-inspired ensuite and walk-in closet, two additional bedrooms, a family flex area, and laundry, with one bedroom featuring its own ensuite. The rooftop deck adds the perfect wow factor. Enjoy a large deck overlooking the private, fully fenced, irrigated yard. EV roughed in garage, extra parking, and an unbeatable location steps to Gyro Beach, Cadboro Bay Village, UVic, and minutes to Downtown Victoria.

3942 Telegraph Bay Rd Unit ##A, Saanich

Courtesy of eXp Realty

$1,799,900
5 Beds 4 Baths 1037258 MLS
**3910 Hobbs St – Exceptional Family Home in Sought-After Arbutus Area, Saanich** This residence offers modern comfort and style on a generous 12,000 sq ft lot. Enjoy the gourmet kitchen featuring sleek quartz countertops, stainless steel appliances, and ample cabinetry—perfect for culinary enthusiasts. Relax by the cozy fireplace in the inviting living area, or step out onto the expansive patio overlooking the lush backyard—ideal for entertaining or unwinding after a long day. The main level boasts three bedrooms, including a primary suite with its own private walk-out patio. In downstairs, flexible living options abound with two additional bedrooms, perfect for family, guests, or a home office. Plus, a fully self-contained one-bedroom suite offers excellent potential for rental income. Steps from Gyro Park and Cadboro Bay Village, Close proximity to all levels of schools. Don’t miss your chance to own this turnkey home in one of Saanich’s most coveted neighborhoods!

3910 Hobbs St, Saanich

Courtesy of Pemberton Holmes Ltd.

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