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Pemberton Holmes Ltd.

mihom.ca is operated by Dan Robbins, REALTOR®, Pemberton Holmes Ltd.

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. Listing data via CREA's DDF®. about · terms of use · privacy · © 2026 mihom.

M102 5118 Cordova Bay Rd
homes for sale · Saanich · Cordova Bay
M102 5118 Cordova Bay Rd — photo 1 of 26
1 / 26
$1,395,000

M102 5118 Cordova Bay Rd

Cordova Bay, Saanich · MLS® 1052460

222

1,672 sq ft · Condo · Single Family · built 2021 · 14 days on market

listed by Dane Kingsbury, Macdonald Realty Victoria

realtor's description

Experience the dream lifestyle in Cordova Bay at The Haro, where luxury, space, & convenience come together. Grab a coffee downstairs & stroll one of Victoria's most spectacular beaches. Offering nearly 1,700sqft of beautifully finished living space + an incredible 700sqft patio in this concrete and steel suite, (not ground level) it's hard to find this much space at this price in a newer building. A spacious entry welcomes you inside & leads to the bright primary suite with a generous walk-in closet & beautifully appointed 5-piece ensuite. The second bedroom provides flexibility as a bedroom, office, or den. At the end of the hall, you'll discover an expansive living area with a gourmet kitchen designed for entertaining, featuring premium appliances & a gas range. The extraordinary patio offers room for family and friends while capturing views across the water toward Mt. Douglas Park & unforgettable sunrises. TWO secure parking stalls + EV Charger. This is luxury coastal living!

property details

type
Condo, Single Family
bedrooms
2
bathrooms
2
living area
1,672 sq ft
parking
2
year built
2021
property tax
$6,605 / yr
strata fee
$851 / mo ($0.51 / sq ft)
strata rules
Pets Allowed With Restrictions
days on market
14
MLS®
1052460

features

  • Other
  • Family Oriented
  • Pets Allowed With Restrictions
  • Washer
  • Refrigerator
  • Range - Gas
listed by
Dane Kingsbury
Macdonald Realty Victoria
call Dane · 250-885-1252
Powered by: REALTOR.ca

similar homes nearby

monthly cost

$7,541/mo
Mortgage $6,140 · Tax $550 · Strata $851

20% down at 4.44% fixed (Ratehub.ca), 25 years; tax from the listing; strata fee from the listing.

estimated payment
$6,140/ monthly
loan $1,116,000
25-year amortization
total interest
$725,876
property transfer tax
$25,900
BC general rate
cash to close
$304,900
down + PTT
total paid
$1,841,876
transfer tax

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer. Transfer tax: 1% to $200k, 2% to $2M, 3% to $3M, 5% above. First-time buyers pay nothing on the first $500k for homes up to $835k (phasing out by $860k); newly built homes are exempt up to $1.1M (phasing out by $1.15M). Both need Canadian citizenship or permanent residence and other conditions; the 20% foreign buyer tax applies in Metro Vancouver, the Fraser Valley, the Capital Region, Central Okanagan and Nanaimo.

if you rented it out

rent
$2,470/mo
after all costs
−$5,303/mo
cap rate
0.7%
yearly net rent ÷ price

Costs: mortgage $6,140 · tax $550 · strata $851 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent is today's market rent for a 2-bedroom in Saanich: CMHC's average there ($2,104) raised by what new tenants pay against everyone in the Victoria area, then down 1.9% with Victoria's asking rents, 2025 Q4 → 2026 Q2. (CMHC Rental Market Survey, October 2025; CMHC Rental Market Report 2025, table 6.0 (rents on units that turned over to a new tenant); trend: Statistics Canada.) Houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords
  • Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
  • Rent increases are capped once a year at the province's set amount. gov.bc.ca
  • The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
  • Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca

schools

Catchment schools, Saanich School District 63

  • Elementary Cordova Bay Elementaryhomes in this catchment

    600 m away · 5238 Cordova Bay Rd, Victoria · 250-658-5315

  • Middle Royal Oak Middlehomes in this catchment

    3.5 km away · 751 Travino Lane, Victoria · 250-479-7128

  • Secondary Claremont Secondaryhomes in this catchment

    900 m away · 4980 Wesley Rd, Victoria · 250-658-5221

From the Saanich School District 63's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.

location

Cordova Bay, SaanichGoogle Maps ↗

property tax by year

yearassessedest. tax
2026$1,280,000$6,657
2025$1,370,000$6,765

Estimated tax down 1.6% from 2025 to 2026.

The listing shows $6,605 a year in property tax.

Estimate: the BC Assessment value times Saanich's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

the market here

sold vs last asking
-3%
median, 38 condos sold
listed now
49 days
median for 128 condos for sale; this one 14 days

Condos in Saanich, registered sales in the last 6 months (BC Assessment) against each home's last asking price on the MLS®. Sale prices register 1 to 3 months after a sale closes.

4958 Del Monte Ave, Saanich
House
$1,245,000
4958 Del Monte Ave
Cordova Bay, Saanich9 days on market
listed by Newport Realty Ltd.
3221,916 sq ft
MLS® 1052800
209 5110 Cordova Bay Rd, Saanich
Condo
$1,199,000
209 5110 Cordova Bay Rd
Cordova Bay, Saanich1 day on market
listed by Pemberton Holmes Ltd.
22
916 Claremont Ave, Saanich
House
$1,425,000
916 Claremont Ave
Cordova Bay, Saanich14 days on market
listed by Royal LePage Coast Capital - Chatterton
43
306 990 Doumac Ave, Saanich
Condo
$1,350,000
306 990 Doumac Ave
Cordova Bay, Saanich31 days on market
listed by RE/MAX Camosun
22
201 5229 Cordova Bay Rd, Saanich
Condo
$1,235,000
201 5229 Cordova Bay Rd
Cordova Bay, Saanich42 days on market
listed by Rennie & Associates Realty Ltd.
22
PH 402 5229 Cordova Bay Rd, Saanich
Condo
$1,375,000
PH 402 5229 Cordova Bay Rd
Cordova Bay, Saanich42 days on market
listed by Rennie & Associates Realty Ltd.
22
1
1,861 sq ft
MLS® 1053293
2
2,823 sq ft
MLS® 1052449
2
1,420 sq ft
MLS® 1051052
1
1,122 sq ft
MLS® 1050029
2
1,215 sq ft
MLS® 1050036

location

the building's lot: 11,877 m² (127,843 sq ft) · PID 031-581-536. from ParcelMap BC; property lines are approximate, a survey is the legal boundary.

Cordova Bay, SaanichGoogle Maps ↗
Drive times
  • Cordova Bay Elementary2 min
  • Claremont Secondary3 min
  • Camosun College - Interurban Campus14 min
  • Saanich Peninsula Hospital15 min
  • Downtown Victoria19 min
  • YYJ airport19 min
23

Walkability 23/100 · Mostly by car

Within a 10 minute walk: 14 parks and playgrounds, 1 school, 1 pharmacy, 8 transit stops.

mihom score from OpenStreetMap places, by straight line distance.