Cadboro Bay Real Estate

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2608 Penrhyn St in Saanich: SE Cadboro Bay Single Family Residence for sale (Saanich East) : MLS®# 1040767

2608 Penrhyn St Saanich V8N 1G3 : SE Cadboro Bay

Main Photo: 2608 Penrhyn St in Saanich: SE Cadboro Bay Single Family Residence for sale (Saanich East) : MLS®# 1040767banner
$1,465,700
Prop. Type:
Residential
MLS® Num:
1040767
Status:
Active
Bedrooms:
2
Bathrooms:
1
Year Built:
1949
Front row @ Cadboro-Gyro Park & steps to the Village, this rare LAND ASSEMBLY/DEVELOPMENT OPPORTUNITY boasts noteworthy latent value. 1940's cottage on level 8,425 sq/ft lot to be sold in conjunction w/ MLS #1040736 (2604 Penrhyn Street). Adjoining properties have been in the same family for over 75+ yrs. Offering an aggregate 20,837 sq/ft (.478 acres) this potential site boasts unparalleled OCEAN & PARK views, walkability & long-term growth opportunity w/ immediate proximity to the area's finest beaches, boutique shops, pub, grocery, UVIC & Village amenities. Sought after residential neighborhood w/ an established mix of SFD's, townhomes & condos. Immediate proximity to recently completed high-end strata developments & more currently underway w/ sales commanding top tier sq/ft value. Expanding range of housing options in the Village Neighborhood have increased housing diversity & supply, while retaining street & block character. Opportunity knocks to provide needed housing options.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1949 (Age: 77)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
Switch units of measure987 sq. ft.
Listing General Location:
SE Cadboro Bay, Saanich East
Bedrooms:
2
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
Switch units of measure8,425 sq. ft.
Kitchens:
1
Home Style:
Cottage/Cabin
Taxes:
Construction:
Frame Wood, Wood
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Asphalt Shingle
Other Structures:
Workshop
Ceiling Heights:
Switch units of measure
Floor finish:
Carpet, Linoleum
Total Building Area:
Switch units of measure987 sq. ft.
Total Unfinished Area:
Switch units of measure0 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:
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:
Switch units of measure0 sq. ft.
Living Area Main Floor:
Switch units of measure987 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:
1
Fireplace Details:
Living Room, Propane
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
None
Cooling:
None
Heating:
Baseboard, Electric, Propane
Fireplace:
Yes
Warranty:
No
Pending Date:
Dryer, Oven/Range Electric, Refrigerator, Washer
Blinds, Wood Frames
Balcony/Patio, Fencing: Partial, Garden
Ocean, Other
Ground Level
0
Yes
No
Unrestricted
Floor
Type
Dimensions
Other
Main Floor
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
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:
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Zoning:
RS-10
Bed and Breakfast:
Potential
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Leased Equipment:
Propane Tank
Occupancy:
Vacant
Property Condition:
Resale
Utilities:
Cable Available, Electricity Connected, Garbage, Phone Available, Recycling
Exposure / Faces:
Southeast
Layout:
Rancher
Lot Site Features:
Central Location, Easy Access, Landscaped, Level, Marina Nearby, Private, Quiet Area, Recreation Nearby, Serviced, Shopping Nearby, Southern Exposure
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Attached, Carport, Driveway
Total Parking Spaces:
3
Road Surface Type:
Paved
Total Units:
Date Listed:
Jun 17, 2026
Original Price:
1465700.0
Listed by Pemberton Holmes Ltd - Sidney
Data was last updated June 22, 2026 at 10:05 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.
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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.