101 5325 Cordova Bay Rd

101 5325 Cordova Bay Rd · Saanich · Business · $695,000 · MLS 1024083

Saanich, British Columbia
C$695,000
For sale
101 5325 Cordova Bay Rd

101 5325 Cordova Bay Rd is located in Saanich. Property snapshot: Business, listed at $695,000, MLS 1024083. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: 71. Catchment schools include Cordova Bay Elementary, Royal Oak M

List Price: $695,000
MLS: 1024083
Days on Site: 71
Catchment Schools: Catchment schools include Cordova Bay Elementary, Royal Oak Middle, Claremont Secondary
Price History: Latest recorded list price 695000.00

Local Decision Guide

How should buyers evaluate 101 5325 Cordova Bay Rd?

Start by reading this listing in its Saanich context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 101 5325 Cordova Bay Rd?

This page shows a list price of $695,000 with MLS 1024083.

What type of home is this Saanich listing?

The page shows Business at 101 5325 Cordova Bay Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about 71 days on market/site. Latest recorded list price 695000.00.

Which catchment schools are associated with 101 5325 Cordova Bay Rd?

Catchment schools include Cordova Bay Elementary, Royal Oak Middle, Claremont Secondary. Catchment boundaries can change, so buyers should verify with the school district or their realtor before writing an offer.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Rare opportunity to acquire a long-standing and highly profitable restaurant in one of Victoria’s most desirable seaside communities. Adrienne’s Restaurant, established in 1957, is a beloved local institution located at the iconic Mattick’s Farm, drawing steady traffic from both locals and tourists year-round. The business occupies approximately 3,000 sq ft and operates three complementary revenue streams under one roof: a full-service restaurant, a high-volume café and bakery, and a popular ice cream parlour. This diversified model has allowed the business to remain consistently profitable for years, providing great returns for the owners. The restaurant is fully licensed with seating for up to 86 guests, plus a recently expanded 650 sq ft licensed patio. A full management team is in place, making this an ideal opportunity for an owner-operator or semi-absentee investor. The business benefits from excellent on-site parking (30+ stalls directly in front plus ample complex parking) and a prime location within a nearly 5-acre retail destination anchored by Red Barn Market, Liquor Plus, mini-golf, and numerous boutique retailers. The property is directly across from Cordova Bay Golf Course and offers quick access to the Pat Bay Highway. Please do not approach staff or ownership directly. (id:56153)

Property Details

Business
Building Type
-
Bedrooms
-
Bathrooms

Transaction: For sale

Status: active

Listing ID: 29284838 (1024083)

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Site Context

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Property Summary

Price: C$695,000

Days on Site: 71 days

Added to BurnabyHouse: 2026-03-28

Updated on: 2026-03-28 02:23 PM PDT

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Lot info

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Schools

Cordova Bay Elementary ELEMENTARY
Public · School District 63
Saanich Peninsula, BC
Straight-line distance about 345.9 m
Royal Oak Middle MIDDLE
Public · School District 63
Saanich Peninsula, BC
Straight-line distance about 4 km
Claremont Secondary SECONDARY
Public · School District 63
Saanich Peninsula, BC
Straight-line distance about 1.5 km

Nearby Points of Interest

Grocery / Food Access
Redbarn Market
About 20.3 m away
Thrifty Foods
About 3.6 km away
777 Royal Oak Drive
Shopping Centres
The Haro
About 839.5 m away
Elk Lake Nursery
About 1.4 km away

Price History

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View price changes, listing events, and the full timeline.

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Last Updated: Sat, 24 Jan 2026 08:47:20 AM PST

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