Your email has been sent.
5229 Cordova Bay Rd - Tiller + Grace 979 SF Retail Condo Unit Offered at $750,000 CAD in Saanich, BC V8Y 2L1
INVESTMENT HIGHLIGHTS
- Positioned within a luxury oceanfront development steps from the beach.
- Surrounded by high-income households and growing population density.
- Located in Cordova Bay’s revitalized village core with strong traffic counts.
- Features a large west-facing patio ideal for café or retail use.
- Offers six dedicated commercial parking stalls and rooftop venting.
EXECUTIVE SUMMARY
Tiller + Grace is a newly envisioned oceanfront residential development located at 5229 Cordova Bay Road in Saanich, BC. This boutique project will feature 20 premium homes designed for modern coastal living, just steps from the beach and nestled within one of Greater Victoria’s most desirable neighbourhoods. Developed by renowned local builder GT Mann, the project is scheduled for completion in Q4 2025 and reflects a high standard of craftsmanship and thoughtful design. Residents will enjoy proximity to parks, golf courses, and the vibrant Cordova Bay Village, which is undergoing revitalization to support a walkable, amenity-rich lifestyle.
PROPERTY FACTS
| Total Building Size | 34,795 SF | Typical Floor Size | 8,699 SF |
| Property Type | Multifamily (Condo) | Year Built | 2025 |
| Property Subtype | Apartment | Lot Size | 0.38 AC |
| Building Class | B | Parking Ratio | 1.01/1,000 SF |
| Floors | 4 | ||
| Zoning | C-1CBV - Moss & Fairfield Limited Commercial District | ||
| Total Building Size | 34,795 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 8,699 SF |
| Year Built | 2025 |
| Lot Size | 0.38 AC |
| Parking Ratio | 1.01/1,000 SF |
| Zoning | C-1CBV - Moss & Fairfield Limited Commercial District |
AMENITIES
UNIT AMENITIES
- Balcony
- Kitchen
SITE AMENITIES
- On-Site Retail
- Bicycle Storage
1 UNIT AVAILABLE
Unit 101
| Unit Size | 979 SF | Condo Use | Retail |
| Price | $750,000 CAD | Sale Type | Owner User |
| Price Per SF | $766.09 CAD | No. Parking Spaces | 6 |
| Unit Size | 979 SF |
| Price | $750,000 CAD |
| Price Per SF | $766.09 CAD |
| Condo Use | Retail |
| Sale Type | Owner User |
| No. Parking Spaces | 6 |
DESCRIPTION
The ground-floor commercial unit at Tiller + Grace offers a rare opportunity to own a high-exposure retail or café space in a luxury residential setting. Unit 101 spans 979 SF and includes a ±800 SF west-facing patio, ideal for food service or customer-facing operations. The space features 11-foot ceiling heights (9'6" clear), extensive glazing for natural light, and commercial venting to the roof. Six dedicated commercial parking stalls are located at the rear of the building, and the unit is equipped with 400 amp, 3-phase power. Zoned C-1CBV, the space supports a wide range of permitted uses including restaurant, retail, personal services, and office. With prominent signage potential on Cordova Bay Road and a location within an affluent, underserviced community, this unit is well-positioned for long-term success.
SALE NOTES
Offered at $750,000, this boutique commercial unit presents a compelling opportunity for owner-users or investors seeking a foothold in one of Victoria’s most affluent and rapidly growing coastal communities. The surrounding area boasts an average household income of $173,040 within a 1 km radius and is projected to see a 26% population increase by 2028. Approximately 6,000 vehicles pass the nearby intersection of Cordova Bay Road and Fenn Avenue daily, ensuring strong visibility and customer access. Located within a high-quality mixed-use development and steps from the beach, this property combines lifestyle appeal with strategic commercial viability. Whether launching a café, retail concept, or professional office, this space offers the infrastructure, location, and demographic support to thrive.
First Floor
Presented by
5229 Cordova Bay Rd - Tiller + Grace
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.