Homes for Sale in Cadboro Bay & Ten Mile Point
Sought after seaside properties in Saanich
4080 Lockehaven Dr
Saanich, British Columbia
Sutton Group West Coast Realty
6 2585 Sinclair Rd
Saanich, British Columbia
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What makes Cadboro Bay & Ten Mile Point special?
For 8,000 years, Cadboro Bay was one of the villages of the Songhees Nation before moving to Victoria’s Inner Harbour. It was later renamed after the Hudson’s Bay Company’s European Vessel “Cadboro”, was the first of its kind to enter the Bay.
Ten Mile Point is the most easterly point on Vancouver Island and you will be hard pressed not to find the ocean if you walk in any direction for more than 10 minutes. It has many secret coves and beaches, one of which was infamous during prohibition. It was so infamous that the local pub is fittingly named after it (Smuggler’s Cove).
Location
The Eastern-most tip of the island has the best and most expansive sandy beach in the city. It is a quiet and private place to be, yet still just 15 minutes from downtown Victoria.
Community
Many of Caddy Bay and Ten Mile Point’s residents have lived and been a part of the community for decades. This stewardship means friendly neighbours and plenty of familiar faces.
The Village
Except on rare occasions, you could choose to never to set foot outside of Cadboro Bay Village. It has everything you need from groceries, to a good pint, to homewares, and everything in between.
Family Living and Retiree Bliss
I have a soft spot for the area, I grew up in the neighbourhood. But it is an amazing blend of indoor and outdoor living and community that you have to experience to understand.
Sales (past decade)
Sales 2M+ (past decade)
New Listings (Past Decade)
New Listings (2020)
RECENT HISTORY
These two neighbourhoods are not generally as active as others in Victoria’s core. A scarcity of active listings usually creates pressure on demand for homes in the area.
Since new legislation came into effect that was aimed at real estate speculation and foreign buyers, and declining luxury markets in other major Canadian cities, this Saanich neighbourhood’s prices also retracted slightly in 2019. For 2020, the local BC assessments have dropped significantly in many of the Single Family Homes in the area to reflect the shift in 2019. After 30 year lows in listings and sales in the area due to the COVID-19 pandemic, we have experienced year over year growth in almost every category.
- Sale to Assessed Value Ratio – 105%
- Sale to List Price Ratio – 96%
- Sale to Original Price Ratio – 95.2%
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For property evaluations, market trends, and other insights.
Connect
Phone
+1 250 889 9060
Email
alex.carroll@engelvoelkers.com
Mail
735 Humboldt Street, Victoria BC
V8W 1B1
Alex Carroll PREC*
Personal Real Estate Corporation*
Representing Buyers and Sellers in the sale of Residential Homes in Victoria BC. Licensed with Engel & Volkers Vancouver Island
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