About this home

Incredible Value, Bright Spaces & Resort Lifestyle in South Vancouver Island's Premier 55+ Gated Community! Listed at just $849,900—well below its assessed value of $1,123,000—this spacious 2,200 sq. ft. townhouse offers an unmatched opportunity to step into over $273,000 in instant equity. Ideally situated just steps away from the Henderson Rec Centre, and a quick 3-minute drive to Cordova Bay Beach and Peppers Market, this location offers an unparalleled blend of convenience and West Coast lifestyle. Completely move-in ready, you can settle right in from day one, while bringing your long-term design ideas to customize and add your own personal touches over time. Bathed in an abundance of glorious natural light, the versatile multi-level floor plan offers 3 bathrooms and a flexible layout that easily functions as a 3-bedroom home or a 2-bedroom plus den setup to suit your specific lifestyle needs. The property features a rare double garage complete with a functional workbench, providing ample room for secure parking, extra storage, and weekend hobbies. The home effortlessly connects to the outdoors with four distinct decks: a dedicated BBQ deck right off the kitchen, a spacious deck off the main living room, and private, individual balconies off both upstairs bedrooms. Moving between levels, the central staircase smoothly transitions you between floors, offering an excellent opportunity for low-impact daily exercise. Upstairs, discover a very spacious master bedroom retreat featuring its own private deck, an ensuite bathroom, and a standard walk-in closet. Beyond the pristine, quiet environment of this strictly no-pets, 55+ community, you'll find a warm, welcoming social atmosphere. The active strata hosts wonderful seasonal get-togethers—including summer BBQs, casual appetizer nights, and festive Christmas events. Maximize the incredible value of this rare neighborhood sanctuary. Schedule your private tour today! Floor plans available.

Home facts

Bedrooms: 3
Bathrooms: 3 full
Interior: 2,223 sq ft
Lot size: 3,224 sq ft
Year built: 1981
Parking: 2
Property type: Single Family
Garage: Yes
Fireplace: 1
Area: Henderson
Listed: October 30, 2026
Structure: Row / Townhouse
PID: 000-122-424
Common interest: Condo/Strata

Highlights

Balcony
Double garage
Underground parking

Features and inclusions

Appliances: Washer, Refrigerator, Dishwasher, Range, Dryer, Oven - Built-In
Heating: Baseboard heaters, Electric
Cooling: None
Parking: Garage, Visitor Parking
Lot: Central location, Private setting, Irregular lot size, Other, Marine Oriented, Gated community
Community: Pets Allowed With Restrictions, Age Restrictions

Rooms and building

Water
Zoning: Residential

Listed by RE/MAX Camosun. Last updated Nov 9, 2026, 3:10 PM.

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.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $4,028
Property tax: $250/mo
Home insurance: $150/mo
Estimated monthly total: $4,428

Purchase snapshot

List price: $849,900
Down payment: $169,980 (20%)
Estimated mortgage: $679,920

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Neighbourhood

Open the map

Walk to Pepper's Foods17 min

Bike to Swift Street Landing25 min

Walk to Swift Street Landing1h 25m

Drive to downtown Vancouver3h 43m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 53%

Homes for sale nearby, by type

Detached112 for sale

Townhouse45 for sale

Condo / Apartment35 for sale

Duplex11 for sale

Land6 for sale

Other1 for sale

Active listings within 3 km of this home.

Homes built in Oak Bay, by type

Single-detached64.6% · 155

Row house25.0% · 60

Apartment in duplex10.4% · 25

Source: Statistics Canada, 2021 Census of Population. 240 dwellings.

Who lives here

Statistics Canada area 59170593 · Oak Bay

Median age: 56
Renter households: 4%
Average household size: 2.4
Median household income: $135,000

Population (2021): 589
Median rent: $1,606
Owner shelter cost: $1,330
30%+ of income on shelter: 21%
Owner households: 94%
Households with kids: 29%
Immigrants: 26%
Post-secondary: 77%
Average home value (2021): $1,430,000

Breakdown

$40,000 to $44,9994.7% · 10

$50,000 to $59,9994.7% · 10

$70,000 to $79,9994.7% · 10

$80,000 to $89,9994.7% · 10

$90,000 to $99,9997.0% · 15

$100,000 to $124,99914.0% · 30

$125,000 to $149,99911.6% · 25

$150,000 to $199,99916.3% · 35

$200,000 and over32.6% · 70

Source: Statistics Canada, 2021 Census Profile, dissemination area 59170593.

#157 – 2345 Cedar Hill Cross Road