Victoria Real Estate
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5229 Jersey Rd

$929,900

Cordova Bay

Detached2 bd · 1 ba · 998 sqftBuilt 1925$932/sqft4 days on market

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About this home

Fresh to the market and ideally located in the heart of sought-after Cordova Bay, this home offers an exceptional opportunity to enjoy a relaxed seaside lifestyle. Sandy beaches, world-class golf, parks, recreation and the charm of Mattick’s Farm are all virtually at your doorstep. With the Lochside Trail and Elk Lake nearby, this desirable location beautifully combines natural beauty with everyday convenience. Tucked away on a quiet and private lane, this cozy two-bedroom home features a level, private yard and separate detached garage, offering excellent potential for buyers ready to roll up their sleeves, add some sweat equity or create a wonderful new family home. Offered at $929,900—well below the 2026 BC Assessment of $1,027,900—this is a rare opportunity to become part of the highly sought-after Cordova Bay community. (id:65179)

Property details

From the listing's public record.

Lot size

8,400 square feet

Year built

1925

Taxes

$5,304/yr

Strata / HOA

$0/month

Zoning

Residential

Heating

Baseboard heatersElectricWood

Lot

Level lotPrivate settingRectangular

Price history

2 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Sep 18, 2026

    Listed $929,900

    Active4 days on marketMLS 1050264
  2. Oct 2, 2013

    $415,000

    Sold7 days on marketMLS 649342

How this listing compares

Based on 71 sales in Cordova Bay

Median sold

$1,585,000

Avg days on market

51 days

Avg sale-to-list

95.2%

Avg $/sqft

$536

Price per square foot

This home: $932/sqftArea average: $536/sqft

Above area average

Current market in Cordova Bay

Active (same type)

35

Pending

21

All active listings

66

Months of supply

5.9

Balanced market5.9 months of supply at the current sales pace.

Assessment

From publicly available property records.

Assessed value

$1,027,900

Homes in Saanich East sell at 102.5% of assessed value on average.

Based on 586 recent sales.

Local price trend

How Cordova Bay has moved over the last decade.

80104129Oct 2016Sep 2021Aug 2026

Local price index (normalized) · 119 months

Recent nearby sales

12 sales
  • 5270 Parker Ave

    $1,820,000

    5 bd · 3 ba · 3,988 sqft · $456/sqft · 16 days on market

    Sold Aug 18, 2026 · 96% of list

  • 5208 Del Monte Ave

    $1,700,000

    4 bd · 3 ba · 4,662 sqft · $365/sqft · 64 days on market

    Sold Aug 14, 2026 · 94.5% of list

  • 5190 Cordova Bay Rd

    $935,000

    2 bd · 1 ba · 808 sqft · $1,157/sqft · 51 days on market

    Sold Jul 31, 2026 · 95.4% of list

  • 764 Westbury Rd

    $1,710,000

    6 bd · 4 ba · 4,235 sqft · $404/sqft · 2 days on market

    Sold Jul 31, 2026 · 97.2% of list

  • 5009 Georgia Park Terr

    $1,800,000

    4 bd · 3 ba · 4,016 sqft · $448/sqft · 71 days on market

    Sold Jul 31, 2026 · 90.9% of list

  • 4719 Treetop Hts

    $1,325,000

    5 bd · 3 ba · 3,459 sqft · $383/sqft · 19 days on market

    Sold Jul 30, 2026 · 97.5% of list

  • 5148 Santa Clara Ave

    $1,490,000

    4 bd · 3 ba · 4,277 sqft · $348/sqft · 15 days on market

    Sold Jul 30, 2026 · 99.4% of list

  • 922 Claremont Ave

    $1,460,000

    5 bd · 2 ba · 2,830 sqft · $516/sqft · 8 days on market

    Sold Jul 22, 2026 · 100.1% of list

  • 748 Walema Ave

    $2,300,000

    5 bd · 3 ba · 3,491 sqft · $659/sqft · 10 days on market

    Sold Jul 22, 2026 · 100.1% of list

  • 4988 Georgia Park Terr

    $2,009,999

    4 bd · 3 ba · 5,413 sqft · $371/sqft · 11 days on market

    Sold Jul 16, 2026 · 100.5% of list

  • 5198 Beckton Rd

    $1,386,500

    3 bd · 3 ba · 2,630 sqft · $527/sqft · 95 days on market

    Sold Jul 16, 2026 · 99.1% of list

  • 4984 Georgia Park Terr

    $1,945,000

    5 bd · 4 ba · 3,636 sqft · $535/sqft · 40 days on market

    Sold Jul 15, 2026 · 97.7% of list

What would this home cost?

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Monthly mortgage

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Loan amount

$929,900 − $185,980

$743,920

Down payment

20.0%

$185,980

Property Transfer Tax

$16,598

Legal / closing (est.)

$1,500

Cash to close

$204,078

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

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