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201 2580 Penrhyn St
SE Cadboro Bay Saanich V8N 1G3

$850,000
Residential beds: 2 baths: 2.0 966 sq. ft. built: 2016

Main Photo: 201 2580 Penrhyn St, Saanich
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1000230
Bedrooms:
2
Bathrooms:
2
Year Built:
2016
Located just steps from the phenomenal Gyro Beach and Park, this 2nd floor condo offers a blend of comfort, style, and practicality, all while being tucked away in fantastic neighborhood. Built in 2016 by Abstract Developments, the unit features 2 BR's, 2 BA's, and a flexible bonus room - ideal for remote work, hobbies, or added storage. The main living areas flow from kitchen to dining to living room, creating a layout that supports both day-to-day ease as well as entertaining. The living room features an electric fireplace, and the dining area opens to a NW-facing balcony that adds a bright and airy atmosphere. The primary BR includes a 3-pc ensuite and large closet, while the second BR sits near a 4-pc BA and is well-suited for guests, family members, or shared living. Additional highlights include in-suite laundry, a secure storage locker, & one parking stall. Pets are welcome! This home is minutes from everyday essentials while remaining just a short stroll from the ocean’s edge.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2016 (Age: 9)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
966 sq. ft.
Listing General Location:
SE Cadboro Bay, Saanich East
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
1,005 sq. ft.
Kitchens:
1
Taxes:
Building Name:
Element
Building Type:
Other Level
Construction:
Cement Fibre, Stone, Wood
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On
Levels:
1
Number of Storeys:
3
Number of Buildings:
1
Ceiling Heights:
Total Building Area:
966 sq. ft.
Total Unfinished Area:
0 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:
0 sq. ft.
Living Area Main Floor:
966 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
1
Fireplace Details:
Electric, Living Room
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Baseboard, Electric
Fireplace:
Yes
Pending Date:
Off of Cadboro Bay Rd to Penrhyn St towards Gyro Park.
Balcony, Parking Stall
Main Level
0
Please see bylaws.
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit
Please see bylaws.
Yes
Please see bylaws.
Yes
Please see bylaws.
Unrestricted
Please see bylaws.
Floor
Type
Size
Other
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 Year:
2025
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Zoning:
C-1CBV
Units in Building:
Units in Community:
Number of 2 piece baths:
0
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:
1
Number of 4 piece Ensuites:
0
Occupancy:
Owner
Property Condition:
Contact List Licensee, Resale
Exposure / Faces:
Northwest
Layout:
Condo
Attached Garage:
No
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Carport
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
1
Lot Parking Spaces:
0
Total Units:
Date Listed:
May 16, 2025
Original Price:
850000.0
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Virtual Tour

Listed by Newport Realty Ltd.
Data was last updated May 17, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,774,000
Min list price:
$599,000
Max list price:
$6,650,000
Avg days on market:
54
Min days on market:
1
Max days on market:
162
Avg price per sq.ft.:
$817.08
These statistics are generated based on the current listing's property type and located in SE Cadboro Bay. Average values are derived using median calculations.
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.