





5015 Cordova Bay Road, Cordova Bay Saanich
Price
$1,850,000
Bedrooms1 Beds
Bathrooms1 Baths
Size1786 sqft
Year Built1948
Property TypeDetached Home
Property Taxes$7,553.64
Description
First time on the market! This rare waterfront offering presents a golden opportunity to build your dream home in one of Cordova Bay’s most desirable locations. Set on a 0.124-acre lot with breathtaking views over Haro Strait and the Gulf Islands, the original 1948 home is ready for its next chapter. Surrounded by multi-million dollar residences, this property offers direct beach access and endless potential to create a custom oceanfront retreat. Enjoy sunrise paddles, beach strolls, and the peaceful rhythm of coastal living—all just minutes from Mt. Doug Park, schools, golf, Broadmead Village, and downtown Victoria. A legacy property in a legacy location—bring your vision and make it yours. (id:39198)
Listed By
The listing brokerage and/or agent is Macdonald Realty Ltd. (Sid)
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Property Dimensions
The Property Location
Mortgage Calculator
Total Monthly Payment
$7,276 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,480,000
Total Interest Payments
$912,511
Total Payment (Principal + Interest)
$2,392,511
Cashflow Calculator
Monthly Cash Flow
$300 / month
Monthly Expenses
-$1,700
Monthly Income
$2,000
Your monthly cash flow is positive

Comber Friesen Group
Realtors
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Meet Alex & Georgia
Growing up on the island, and settling down in beautiful Victoria, I have a unique perspective on the areas flourishing real estate market. I bought my first property at the young age of 20 and from there went on to buy and sell multiple properties around the area.
Locations We Serve
Cowichan Valley
Nestled between mountains and lush forests, Cowichan Valley is renowned for its stunning landscapes, local wineries, and vibrant agriculture
Westshore
The Westshore community is a vibrant hub offering stunning ocean views, beautiful beaches, and a variety of parks.
Victoria
As the capital of British Columbia, Victoria boasts a rich history, stunning architecture, and beautiful gardens.
Oak Bay
Known for its picturesque waterfront, Oak Bay features charming shops, art galleries, and lovely seaside parks.
Saanich
The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.