Cadboro Bay

Cadboro Bay is a beautiful waterfront community that is known for its popular beachfront and the large Cadboro-Gyro Park. The neighbourhood is residential but also includes a small retail center that perfectly fits the community's character. Cadboro Bay is also just down the hill from the University of Victoria and within driving distance of the shopping at University Heights.

Real Estate Statistics

Average Price $2.4M
Lowest Price $1.5M
Highest Price $3.3M
Total Listings 5
Avg. Days On Market 65
Avg. Price/SQFT $884

Property Types (active listings)

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About Cadboro Bay

Cadboro Bay is a neighbourhood located in Saanich East, British Columbia.

It is a suburb of the city of Victoria, which lies to the southwest. Downtown Victoria is located about 7.5 road kilometres away, around a 15 minute drive.

Cadboro Bay is a community and bay situated between the University of Victoria, the Uplands district to the south, Ten Mile Point to the east, and the Queenswood and Arbutus neighbourhoods.  The Cadboro-Gyro Park, its most popular location, is jointly named after the bay upon which it sits and the Gyro Club, which in 1953 purchased the original 1.78 hectares of parkland from the Goward Estate.  In 1954, the Club donated the land to Saanich and in 1961 Saanich began acquiring adjacent parcels. Today, the park is 6.18 hectares in size and is a landmark of the neighbourhood.

There are several good schools in the area including the University of Victoria which is a renowned post-secondary institution located just up the street.

Cadboro Bay Real Estate 

The Cadboro Bay real estate market primarily consists of single family residential with many of the homes situated directly on the beach or along the ridge rising from the ocean providing scenic ocean front views. Near the beachfront is the Cadboro Bay Village which features cafes, a pub, restaurants, a liquor store, a grocery store, a pharmacy, an auto shop, and apparel stores. 

There is a wide variety of Cadboro Bay homes for sale ranging from waterfront luxury homes to older character homes. Moreover, in the last 10 years a few townhouse complexes have been constructed.

Things To Do In Cadboro Bay

Cadboro Bay is a peaceful location perfect for people of all ages who love amazing beachfronts and spectacular views!

If you’re an outdoors person, you’re in heaven - the area has miles of lovely beaches with amazing views of Mount Baker, and lots of excellent public parks.

The Cadboro Gyro Park is especially popular among families considering its large playground, beach area and greenspace perfect for a picnic.

Despite being nestled along the east coast away from retail centers, Oak Bay and Downtown Victoria are both easily accessible by bus with regularly scheduled buses that run along Cadboro Bay Road.

Further up the road, past UVic, you will also find the Tuscany Village and University Heights shopping centers providing residents of Cadboro Bay access to larger retail options.

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