At a glance

Cordova Bay is a high-value Saanich community of larger houses beside a long beach, with a small village centre. About 69% of homes are detached and 8% are apartments, 14% of households rent, and owners valued the median home at about $1.29M in the 2021 census.

Median home value (est.): $1.43M^*
Residents: 10,120
Households renting: 14%
Homes that are apartments: 8%

What the numbers mean

Owners valued the median home at $1.29M in the 2021 census. Indexed to September 2026 prices with the Victoria MLS® Home Price Index (+11% since then), that is about $1.43M, 45% above the Victoria median of $987K. It is an estimate: the index tracks the whole region, not this neighbourhood.
14% of households rent, well below the 39% city-wide. Most people here own and stay a while.
30% are 65 or older, versus 23% city-wide, a sign of long-time residents and a settled pace.
69% of homes are single-detached houses, versus 37% city-wide.

Who lives here

Share of residents by age, scaled estimate for mid-2025, up from 9,323 at the 2021 census.

0-1412%

15-196%

20-245%

25-348%

35-4410%

45-5413%

55-6418%

65+30%

Homes

Share of homes by type, scaled estimate for mid-2025, up from 9,323 at the 2021 census.

Single-detached69%

Semi-detached1%

Row house3%

Duplex flat19%

Apartment under 5 storeys2%

Apartment 5+ storeys5%

Upfront closing costs¹

BC charges a tiered property transfer tax: 1% on the first $200,000, 2% to $2 million, then 3%, and 5% above $3 million. Government fees at the median home price: This uses the census home value indexed to September 2026 prices, so treat it as an estimate.

BC property transfer tax: $26,620

How it's changing

These municipalities don't publish building permits by neighbourhood, so we can't chart construction here yet.

Safety

Neighbourhood-level crime figures aren't available for Saanich. Policing there is by the RCMP or a municipal police department, and neither publishes open crime counts by neighbourhood. Check Statistics Canada's crime tables for municipality-wide trends, and the local police website for crime maps. Why this is missing.

Cordova Bay