Welcome to Cedar Shores! This spacious ground-floor 2 bed, 2 bath home features a large primary bedroom with walk-through closet to cheater ensuite, open-concept kitchen, in-suite laundry, cozy wood-burning fireplace, and direct patio access for seamless indoor-outdoor living. Recent updates include vinyl flooring, kitchen cabinets, countertops, and an updated bathroom vanity with tile surround. The building has also undergone important recent maintenance including roof, balcony upgrades, and perimeter drainage improvements for added peace of mind. This resort-style waterfront complex offers landscaped grounds, private beach access, pool, hot tub, BBQ area, party room, and walking trails connecting to Gorge Park and the Gorge Waterway—paddleboard into town from your backyard. Well-managed with on-site caretaker and ideally located near shops, rec centre, library, and transit. A great home or investment opportunity—call today to book a viewing!
Property details
2
Beds
2 full
Baths
935 ft²
Floor area
1,011 ft²
Lot size
1981
Year built
1
Parking
$718/mo
Strata fee
$1,859/yr
Gross tax
Location & structure
Single Family
Type
1
Fireplace
Gorge
Area
Listed
July 6, 2026
Structure
Apartment
PID
000-778-940
Property highlights
Waterfront
Balcony
Pool
In-suite laundry
Patio
Private yard
Features & inclusions
Appliances
Washer, Refrigerator, Range - Electric, Dishwasher, Dryer
Listed by Coldwell Banker Oceanside Real Estate. Last updated Jul 6, 2026, 10:35 AM.
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $89,800 down (20%) on $449,000, Canadian semi-annual compounding. Property tax sourced from listing. Strata fee sourced from listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Supply outlook
Where supply, demand, and prices are heading by 2035
CMHC scenario data, applied to this listing's metro area
House prices, 2024 to 2035
CMHC scenario comparison
18.4 percentage points
Building enough supply could keep prices 18.4 percentage points lower by 2035.
Source: CMHC supply-shortages report (2026)
Housing starts needed each year
Current pace vs CMHC supply target
7,245 units short
Vancouver is starting about 7,245 fewer units per year than CMHC says is needed to keep prices stable.
Source: CMHC supply-shortages report (2026)
Housing stock, 2024 to 2035
Projected dwellings under current trajectory
24.0 percentage points
Stock grows about 24.0% over the period under the business-as-usual scenario.
Source: CMHC supply-shortages report (2026)
Apartment construction pace
Apartment starts in 2025 vs the 10-year average
8.6% above
Condo and rental apartment construction is running 8.6% above the 10-year pace, easing future apartment scarcity.
Source: CMHC supply spring 2026
Family-home construction pace
Houses and townhomes started in 2025 vs the 10-year average
20.9% below
Ground-oriented (houses + townhomes) construction is running 20.9% below the 10-year pace, squeezing family-sized supply.
Source: CMHC supply spring 2026
Inventory mix
What this area trades in
Within 3 km of this listing · 588 listings
Condo / Apartment
348
59.2%
Detached
116
19.7%
Townhouse
73
12.4%
Land
17
2.9%
Duplex
15
2.6%
Other
19
3.2%
Source: active, display-eligible listings within 3 km of this listing. The radius widens automatically when nearby inventory is sparse.
Housing stock here
What this neighbourhood is built of
Census 2021 dwelling structural-type mix · Saanich · 310 dwellings
Low-rise apartment290 · 93.5%
Row house20 · 6.5%
Source: Statistics Canada · 2021 Census of Population
Neighbourhood demographics
Who lives in this small neighbourhood
The following information covers the Dissemination Area that contains this property. A dissemination area is the smallest standard geographic area Statistics Canada publishes data for, typically 400 to 700 residents.
Statistics Canada Area #59170365· Saanich· 0.11 km²
Median rent here
$1,440
Owner shelter cost
$1,170
Renters
37.7%
30%+ on shelter
24.6%
Population (2021)
499
Median age
53.2
Avg household size
1.6
Avg household income
$78,000
Renters
37.7%
Owners
62.3%
Immigrants
22.4%
Post-secondary
62.0%
Avg home value
$416,000
Single status
28.4%
Not in labour force
37.0%
Households with kids
11.3%
Median rent
$1,440
Owner shelter cost
$1,170
30%+ on shelter
24.6%
Breakdown
$15,000 to $19,999
5
1.6%
$20,000 to $24,999
10
3.3%
$25,000 to $29,999
10
3.3%
$30,000 to $34,999
15
4.9%
$35,000 to $39,999
20
6.6%
$40,000 to $44,999
30
9.8%
$45,000 to $49,999
15
4.9%
$50,000 to $59,999
35
11.5%
$60,000 to $69,999
20
6.6%
$70,000 to $79,999
30
9.8%
$80,000 to $89,999
30
9.8%
$90,000 to $99,999
25
8.2%
$100,000 to $124,999
30
9.8%
$125,000 to $149,999
15
4.9%
$150,000 to $199,999
15
4.9%
Source: Statistics Canada, 2021 Census of Population (Census Profile, dissemination area 59170365).
Market story
Rent in Saanich
Census 2021 avg $1,440/mo here · Vancouver 2BR rent trend below
Estimate, not a prediction. Forward values use CMHC scenario growth rates applied to the latest actual. Actual outcomes will differ. Do not use as financial advice.
CMHCBritish Columbia outlook
British Columbia’s labour market expected to recover in 2026, but demographic factors will weigh on housing markets
British Columbia’s (B.C.) economy is expected to improve in 2026 after limited growth in 2025. As forecasted in our Housing Market Outlook summer 2025 update, a weak labour market and trade volatility were the main factors impacting B.C.’s economy in 2025.
From the CMHC Housing Market Outlook 2026 · Jan 2026
