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202 2589 Penrhyn St
SE Cadboro Bay Saanich V8N 1G4

$574,900
Residential beds: 1 baths: 1.0 580 sq. ft. built: 2008

Main Photo: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 1: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 2: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 3: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 4: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 5: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 6: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 7: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 8: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 9: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 10: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 11: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 12: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 13: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 14: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 15: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 16: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Photo 17: 202 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 988748
Status:
Active
Prop. Type:
Residential
MLS® Num:
988748
Bedrooms:
1
Bathrooms:
1
Year Built:
2008
Discover modern coastal living at The Promenade, a boutique 12-unit West Coast Contemporary condo in the heart of Cadboro Bay Village, just steps from the beach. This luxurious 1-bed home offers breathtaking ocean & mountain views from principal rooms & a private balcony. Thoughtfully designed, it features HW floors throughout, a stylish kitchen w/ full-height custom cabinetry, quartz slab counters & premium SS appliances. The spa-inspired bath boasts heated porcelain floors, a floating vanity & a deep soaker tub. Enjoy the convenience of in-suite laundry, parking & storage. Nestled on a quiet cul-de-sac, it's moments from UVic, golf courses, scenic parks, vibrant shops, & the Royal Victoria Yacht Club. A rare opportunity to own a sophisticated retreat in one of Victoria's most coveted seaside communities!
Property Type:
Residential
Type:
Condo Apartment
Year built:
2008 (Age: 17)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
580 sq. ft.
Listing General Location:
SE Cadboro Bay, Saanich East
Bedrooms:
1
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
604 sq. ft.
Kitchens:
1
Home Style:
California
Taxes:
Building Name:
The Promenade
Building Type:
Other Level
Construction:
Frame Wood, Insulation: Ceiling, Insulation: Walls, Metal Siding, Wood
New Construction:
No
Basement:
Other
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On, Tar/Gravel
Levels:
1
Number of Storeys:
3
Number of Buildings:
2
Ceiling Heights:
Floor finish:
Tile, Wood
Total Building Area:
622 sq. ft.
Total Unfinished Area:
42 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
1
# Main Level Bedrooms:
1
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
580 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
No
Pending Date:
Dishwasher, F/S/W/D
Closet Organizer, Dining/Living Combo, Storage
Blinds, Insulated Windows
Balcony/Patio, Fencing: Partial, Sprinkler System
Bike Storage, Elevator(s)
Mountain(s)
1 block north past Sinclair to Penrhyn, right on Penrhyn.
Balcony, Parking Stall
Main Level
0
Cats OK, Dogs OK
See bylaws
Yes
Unknown
Unrestricted
No short term, see bylaws
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Includes:
Trash, Maintenance Grounds, Property Management, Water
Association Fee Year:
2025
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Accessibility:
Primary Bedroom on Main, Wheelchair Friendly
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
South
Layout:
Condo
Lot Site Features:
Irregular Lot
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Attached, Carport
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
1
Total Units:
Date Listed:
Feb 21, 2025
Original Price:
649000.0
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Listed by Sotheby's International Realty Canada
Data was last updated August 14, 2025 at 04:05 AM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,649,500
Min list price:
$574,900
Max list price:
$4,980,000
Avg days on market:
59
Min days on market:
5
Max days on market:
190
Avg price per sq.ft.:
$820.51
These statistics are generated based on the current listing's property type and located in SE Cadboro Bay. Average values are derived using median calculations. This data is not produced by the MLS® system.

Find Saanich Homes and Real Estate for Sale in Victoria BC

Saanich, British Columbia, is a beautiful and diverse region located on the southern tip of Vancouver Island. It is one of the most sought-after places to live in Canada, with a strong economy, excellent schools, and a thriving real estate market. In this blog post, we will explore why people should consider buying a home or real estate in Saanich, BC.

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.