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301 2589 Penrhyn St
SE Cadboro Bay Saanich V8N 1G4

$995,000
Residential beds: 2 baths: 2.0 1,182 sq. ft. built: 2008

Nearly 1,200 sq ft of well-designed living space, 2 beds, 2 bth
Photo 1: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 2: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 3: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 4: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 5: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 6: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 7: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 8: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 9: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 10: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 11: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 12: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 13: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 14: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 15: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 16: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 17: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 18: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 19: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 20: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 21: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 22: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 23: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 24: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 25: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Photo 26: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
Open House - Feb 08, 2026
02:00 PM - 04:00 PM PST
NOTES: Open House on Sunday, February 8, 2026 2:00PM - 4:00PM
Status:
Active
Prop. Type:
Residential
MLS® Num:
1024818
Bedrooms:
2
Bathrooms:
2
Year Built:
2008
OPEN HOUSE SUN FEB 8TH 2-4! Located just steps from Cadboro Bay Beach & Cadboro Village, this bright & modern penthouse condo is the largest unit in the building, w/ nearly 1,200 sq ft of living space. This 2 bed, 2bth layout features a contemporary design w/ ceiling heights from 9 to 14 feet. The spacious primary bedroom includes a walk-in closet with built-in cabinetry and an ensuite. The main living areas feature hardwood flooring, while the open-concept kitchen is finished with stainless steel appliances, warm wood cabinetry, and a quartz waterfall countertop. Both bathrooms include heated floors. Highlights include an in-suite laundry room with storage, newer hot water tank, secure storage locker, & covered parking. Two private balconies provide water views & outdoor living space. Enjoy a highly walkable lifestyle close to local shops, cafés, Cadboro Bay Beach, and within easy reach of the University of Victoria, Uplands Golf Club, and the Royal Victoria Yacht Club.
Property Type:
Residential
Type:
Condo Apartment
Year built:
2008 (Age: 18)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,182 sq. ft.
Listing General Location:
SE Cadboro Bay, Saanich East
Bedrooms:
2
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
1,191 sq. ft.
Kitchens:
1
Home Style:
West Coast
Taxes:
Building Name:
The Promenade
Building Type:
Top Level
Construction:
Brick, Frame Wood
New Construction:
No
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On
Levels:
3
Number of Storeys:
3
Number of Buildings:
2
Ceiling Heights:
Total Building Area:
1,452 sq. ft.
Total Unfinished Area:
270 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:
1,182 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In Unit
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Baseboard, Electric, Radiant Floor
Fireplace:
No
Pending Date:
Built-In Range, Dishwasher, F/S/W/D
Water
Travelling north on Cadboro Bay Rd., go one block past Sinclair. Turn right on Penrhyn St.
Balcony, Parking Stall, Separate Storage
Main Level
0
Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK, Number Limit, Size Limit
Allowed 2 cats, 1 dog (up to 20 lbs.) See Bylaws.
Yes
See Bylaws
Yes
See Bylaws
Unrestricted
See Bylaws
Floor
Type
Size
Other
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
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 Includes:
Trash, Insurance, Maintenance Grounds, Property Management, Water
Association Fee Year:
2026
Jurisdiction name:
District of Saanich (SD61)
Legal Description:
Accessibility:
Wheelchair Friendly
Units in Building:
Units in Community:
Number of 2 piece baths:
1
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:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
South
Layout:
Condo
Lot Site Features:
Irregular Lot
Carport Spaces:
1
Garage Spaces:
0
Garage:
No
Parking Features:
Attached, Carport
Total Parking Spaces:
1
Common Parking Spaces:
0
LCP Parking Spaces:
0
Lot Parking Spaces:
1
Total Units:
Date Listed:
Feb 02, 2026
Original Price:
995000.0
  • Photo 1: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Nearly 1,200 sq ft of well-designed living space, 2 beds, 2 bth
  • Photo 2: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Ceiling heights ranging from 9 to 14 feet and excellent natural light throughout.
  • Photo 3: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    This bright and modern penthouse condo is the largest unit in the building.
  • Photo 4: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Main living areas include hardwood flooring
  • Photo 5: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    The Open-concept kitchen is finished with stainless steel appliances, warm wood cabinetry, and a quartz waterfall countertop.
  • Photo 6: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Photo 6 of 26
  • Photo 7: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    The Open-concept kitchen is finished with stainless steel appliances, warm wood cabinetry, and a quartz waterfall countertop.
  • Photo 8: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    The Open-concept kitchen is finished with stainless steel appliances, warm wood cabinetry, and a quartz waterfall countertop.
  • Photo 9: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Primary Bedroom with spacious ensuite and walk in closet with built in cabinets
  • Photo 10: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Primary Bedroom with spacious ensuite and walk in closet with built in cabinets
  • Photo 11: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Primary Bedroom with spacious ensuite and walk in closet with built in cabinets
  • Photo 12: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Primary Bedroom ensuite
  • Photo 13: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Primary Bedroom ensuite
  • Photo 14: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Second Bedroom and second balcony with fantastic water views.
  • Photo 15: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Second Bedroom and second balcony with fantastic water views.
  • Photo 16: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Main Bathroom
  • Photo 17: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Enjoy a highly walkable lifestyle close to local shops, cafés, Cadboro Bay Beach & Gyro beach park.
  • Photo 18: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Easy reach of the University of Victoria, Uplands Golf Club, and the Royal Victoria Yacht Club.
  • Photo 19: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Front of 301 - 2589 Penrhyn Street
  • Photo 20: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Water views from unit
  • Photo 21: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Water views from unit
  • Photo 22: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Photo 22 of 26
  • Photo 23: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Photo 23 of 26
  • Photo 24: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Photo 24 of 26
  • Photo 25: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Undercover Parking
  • Photo 26: 301 2589 Penrhyn St in Saanich: SE Cadboro Bay Condo for sale (Saanich East)  : MLS®# 1024818
    Photo 26 of 26

Virtual Tour

Listed by RE/MAX Camosun
Data was last updated February 2, 2026 at 08:05 PM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,970,500
Min list price:
$1,079,000
Max list price:
$3,475,000
Avg days on market:
37
Min days on market:
4
Max days on market:
167
Avg price per sq.ft.:
$679.69
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. This data is not produced by the MLS® system.
Darren Day
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.