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  5. Cordova Bay

5015 Cordova Bay Road, Cordova Bay Saanich

Price

$1,500,000

Bedrooms1 Beds

Bathrooms1 Baths

Size1786 sqft

Year Built1948

Property TypeDetached Home

Property Taxes$7,354.42

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)

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Listed By

The listing brokerage and/or agent is Macdonald Realty Ltd. (Sid)

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Property Dimensions


The Property Location

Mortgage Calculator

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Total Monthly Payment

$6,002 / month


Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,200,000

Total Interest Payments

$739,874

Total Payment (Principal + Interest)

$1,939,874


Discuss Your Options With Us Today

Cashflow Calculator

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Monthly Cash Flow

$300 / month


Monthly Expenses

-$1,700

Monthly Income

$2,000


Your monthly cash flow is positive

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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.

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The Saanich Peninsula is a diverse area rich in natural beauty, featuring everything from parks to stunning waterfront views.

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Engel & Võlkers Vancouver Island

735 Humboldt St, Victoria, BC V8W 1B1

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The listing data displayed is deemed reliable but is not guaranteed accurate by CREA®. The trademarks REALTOR®, REALTORS®; and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA®) and identify real estate professionals who are members of CREA®. Used under license. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association. Review our MLS® Data Disclosure if you have any further questions