Active
5090 Cordova Bay Rd
Saanich BC, V8Y 2K5
$13,500,000
$1,228.05 per sqft
Active
8 Baths
10,993 sqft
Residential
Built in 1922
Rare opportunity to acquire up to five seaside lots within the Primary Growth Area (PGA) of Cordova Bay Village, including 5090, 5094, 5098, 5105 & 5109 Cordova Bay Rd. Located in one of Victoria's most prestigious neighbourhoods, two of the five lots include (MLS 965344) - the former Beach House restaurant, a prime oceanfront landmark that has been the epicentre of the community. With stunning views of the beach, this site offers inherent potential to take advantage of future development potential with higher density, luxury residential accommodation, in step with recent Official Community Plan updates. The 3 remaining lots, currently used for parking across from the restaurant, are zoned RS-18, with the new OCP paving the way for rezoning to commercial mixed use, for up to 4 storeys on two lots that lie within the PGA, & 2 storeys on the remaining lot.These five lots offer future development potential that will help shape the landscape of Cordova Bay.
942890
MLSⓇ ID
September 12, 2023
Listed
August 23, 2024
Updated
Map
5090 Cordova Bay Rd
Saanich BC, V8Y 2K5
Interior Features
Total Bathrooms
8
Interior Features
Bar
Laundry Description
In House
Fireplace
No
Cooling
Yes
Cooling Description
Air Conditioning
Heating
Yes
Heating Description
Forced Air, Heat Recovery, Natural Gas
Exterior/Building Features
Lot Size
1.3 Acres
Lot Features
Central Location, Near Golf Course, Park Setting, Recreation Nearby, Shopping Nearby, Walk on Waterfront
Roof
Metal
Sewer
Sewer Connected
Other Property Details
Area Name
Saanich East
Taxes
$128,580
Tax Frequency
Annually
Days on Market
302
Garage
No
Parking
Driveway, On Street
Parking Total
10
View
Yes
View Description
Mountain(s), Ocean, Other
County
Capital Regional District
Water Source
Municipal
Pool
No
Waterfront
Yes
Courtesy of Sotheby's International Realty Canada, Glynis MacLeod
Listing Contact: 250-661-7232
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