- Active
5173 Cordova Bay Road
Saanich · Single Family
- Beds
- 4
- Baths
- 4
Saanich · Single Family
Listed by Easy List Realty · MLS® 1053946
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Sign inFor more information, please click Brochure button. Nestled in Victoria's beautiful Cordova Bay, 5173 Cordova Bay Road offers coastal tranquility, stunning ocean views and exceptional future potential. Set on a rare double-frontage, quarter-acre lot, this lovingly maintained 4 bed(+office)/3.5 bath home captures panoramic water views from multiple rooms, especially the primary bedroom with its private second-floor balcony. Enjoy an unbeatable location just steps from Agate Park and Cordova Bay Beach, with no stairways to the shoreline. Superb walkability; the church and preschool are across the road, The Haro complex is five minutes, Cordova Bay School and the 55+ Association are ten minutes, and Mattick's Farm golf/shops/dining are within 15 minutes. The home's generous patio is perfect for entertaining, while the lush yard features an apple tree, a plum tree, three cherry trees and productive garden beds that yield over 200 lbs of tomatoes annually. A newer unregistered basement suite provides additional income potential and privacy, with its own entrance, electrical meter, washer/dryer and access to a south-facing garden. The spacious RV pad offers a 30-amp hookup, sewer clean-out and access to a solar battery bank in the storage shed. With the principle of self-reliance, there is a generator hookup, multiple heating options, durable updates and the flexibility of secondary income. Municipal improvements include a green corridor from Agate Park to Elk Lake, and sidewalks and bike lanes to Mattick's Farm. Saanich Planning has provided positive preliminary feedback regarding potential redevelopment into six townhouses under the Official Community Plan (OCP), subject to required approvals. Whether you're drawn to the ocean views, walkable lifestyle, flourishing gardens, income opportunity or long-term possibilities, this inviting coastal haven is a rare find.
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.
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Estimates only. They leave out utilities, upkeep and closing costs.
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 44%
Active listings within 3 km of this home.
Source: Statistics Canada, 2021 Census of Population. 325 dwellings.
Statistics Canada area 59170082 · Saanich
Source: Statistics Canada, 2021 Census Profile, dissemination area 59170082.
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Land and hazards
Provincial designations and mapped natural hazards at this location.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Property tax
Municipal, regional, hospital and school rates combined.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
For investors
Estimated rent from Statistics Canada rents for this area, scaled to the bedrooms. Gross yield is 12 months of that rent over the asking price, before costs.
Climate
Ten year average, 2016–2025.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
Source: Environment and Climate Change Canada, monthly climate summaries
Borrowing costs
The rates behind any payment estimate on this page.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-10-29