Cadboro Bay Real Estate

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301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East) : MLS®# 1024818

301 2589 Penrhyn St Saanich V8N 1G4 : SE Cadboro Bay

Nearly 1,200 sq ft of well-designed living space, 2 beds, 2 bthbanner
$995,000
Prop. Type:
Residential
MLS® Num:
1024818
Status:
Active
Bedrooms:
2
Bathrooms:
2
Year Built:
2008
OPEN HOUSE SUN FEB 8TH 1-3! Located just steps from Cadboro Bay Beach & Cadboro Village, this bright & modern penthouse condo is the largest unit in the building, w/ nearly 1,200 sq ft of living space. This 2 bed, 2bth layout features a contemporary design w/ ceiling heights from 9 to 14 feet. The spacious primary bedroom includes a walk-in closet with built-in cabinetry and an ensuite. The main living areas feature hardwood flooring, while the open-concept kitchen is finished with stainless steel appliances, warm wood cabinetry, and a quartz waterfall countertop. Both bathrooms include heated floors. Highlights include an in-suite laundry room with storage, newer hot water tank, secure storage locker, & covered parking. Two private balconies provide water views & outdoor living space. Enjoy a highly walkable lifestyle close to local shops, cafés, Cadboro Bay Beach, and within easy reach of the University of Victoria, Uplands Golf Club, and the Royal Victoria Yacht Club.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2008 (Age: 18)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
Switch units of measure1,182 sq. ft.
Listing General Location:
SE Cadboro Bay, Saanich East
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
Switch units of measure1,191 sq. ft.
Kitchens:
1
Home Style:
West Coast
Taxes:
Building Name:
The Promenade
Building Type:
Top Level
Construction:
Brick, Frame Wood
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On
Levels:
3
Number of Storeys:
3
Number of Buildings:
2
Ceiling Heights:
Switch units of measure
Total Building Area:
Switch units of measure1,452 sq. ft.
Total Unfinished Area:
Switch units of measure270 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
2
# 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:
Switch units of measure0 sq. ft.
Living Area Main Floor:
Switch units of measure1,182 sq. ft.
Living Area Other Floor:
Switch units of measure0 sq. ft.
Living Area 2nd Floor:
Switch units of measure0 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric, Radiant Floor
Fireplace:
No
Pending Date:
Built-In Range, Dishwasher, F/S/W/D
Water
Travelling north on Cadboro Bay Rd., go one block past Sinclair. Turn right on Penrhyn St.
Balcony, Parking Stall, Separate Storage
Main Level
0
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit
Allowed 2 cats, 1 dog (up to 20 lbs.) See Bylaws.
Yes
See Bylaws
Yes
See Bylaws
Unrestricted
See Bylaws
Floor
Type
Dimensions
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
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, Insurance, Maintenance Grounds, Property Management, Water
Association Fee Year:
2026
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Accessibility:
Wheelchair Friendly
Units in Building:
Units in Community:
Number of 2 piece baths:
1
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 02, 2026
Original Price:
995000.0
Listed by RE/MAX Camosun
Data was last updated February 10, 2026 at 04:05 AM (UTC)
Wally Marcinkovic
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.