Victoria Foreclosure Homes & Real Estate for Sale Listings

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406 5118 Cordova Bay Rd

Cordova Bay Saanich V8Y 2K5

$850,000

Single Family beds: 2 baths: 2.0 1,184 sq. ft. built: 2021

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• Details
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Status:

Active

Prop. Type:

Single Family

MLS® Num:

1018457

Bedrooms:

2

Bathrooms:

2

Year Built:

2021

Schedule a viewing:

in-person virtual

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COURT ORDERED SALE Located in one of Victoria’s most prestigious neighborhoods, Cordova Bay offers Seaside living at its finest. This TOP floor SOUTH facing unit with OCEAN VIEW. Nearly 1100 Sqft 2 bed/2 bath Features include 9 ft ceilings with floor to ceiling windows, Open concept kitchen with quartz counter tops with a large island great for entertaining, built-in full height pantry, LED lighting & soft close cabinets, engineered hardwood flooring, Master bedroom with walk-in closet, Separated Bedrooms for more privacy, full size Whirlpool and Skylights making your home bright and sunny. 1 secure underground parking spaces with Electric vehicle charging capability. Rental & Pets are allowed. The Haro is just steps to the beach. (id:2493)

General Info:

Property Type:

Single Family

Common Interest:

Condo/Strata

Property Attached:

Yes

Total Living Area:

1,184 sq. ft.110 m2

Finished Area Above Grade:

1,099 sq. ft.102 m2

Zoning:

Multi-Family

Association Fee:

502.0

Association Fee Frequency:

Monthly

Taxes:

$4,129.11 / -

Amenities:

Community:

Cordova Bay

Community Features:

Family Oriented, Pets Allowed With Restrictions

Building:

Structure Type:

Apartment

Bedrooms:

2

Bathrooms:

2.0

Cooling:

Central air conditioning, Air Conditioned

Fireplace:

No

Heating:

Heat Pump, Electric, Natural gas

Land:

Lot Size:

1,099 sq. ft.102 m2

Lot Details:

1099

Lot Features:

Other

Parking Spaces:

Parking:

Underground

Total Parking Spaces:

1

Room Information:

Floor

Type

Size

Other

Main level

Bedroom

10'3.05 m × 9'2.74 m

-

Main level

Primary Bedroom

14'4.27 m × 11'3.35 m

-

Main level

Kitchen

13'3.96 m × 11'3.35 m

-

Main level

Dining room

15'4.57 m × 7'2.13 m

-

Main level

Living room

15'4.57 m × 10'3.05 m

-

Main level

Balcony

14'4.27 m × 6'1.83 m

-

Bathrooms:

Floor

Ensuite

Pieces

Other

Main level

Yes

-

5-Piece

Main level

No

-

4-Piece

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  Photo 1 of 1

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Listed by Century 21 Queenswood Realty Ltd.

Data was last updated November 12, 2025 at 05:15 AM (UTC)

Area Statistics

Listings on market:

51

Avg list price:

$3,395,000

Min list price:

$709,900

Max list price:

$5,995,000

Avg days on market:

62

Min days on market:

8

Max days on market:

194

Avg price per sq.ft.:

$1,082.93

These statistics are generated based on the current listing's property type and located in Cordova Bay. Average values are derived using median calculations. This data is not produced by the MLS® system.

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REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA’s By‐Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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About Foreclosure listings

There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean?

In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.

Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.

What is the process of Foreclosure in BC Canada?

See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.

1. Demand letter. 
2. Petition. 
3. Order Nisi. 
4. Judicial Sale. 
5. Order Made After Application.

To see the detailed steps in a foreclosure proceeding. Please let me know.

Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.

Here’s a simple guide on how to buy a Foreclosure Home in BC

1. Search Foreclosure Listings BC
2. Find a Realtor to write an offer.
3. Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
4. Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
5. The hearing of the application for order approving the sale.
6. Completion of the sale.

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