5090 Cordova Bay Road, Cordova Bay in Saanich, BC
This is a Single Family Listing.
5090 Cordova Bay Road, Cordova Bay in Saanich
Rare opportunity to acquire up to five seaside lots within the Primary Growth Area 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 the former Beach House restaurant, a prime oceanfront landmark that has been the epicentre of the community for decades. With stunning views of Cordova Bay Beach, this site offers inherent potential to take advantage of the existing blend of commercial & residential zoning or redevelop the site into higher density, luxury residential accommodation, in step with recent Official Community Plan updates. The 3 remaining lots, currently used for parking, are across from the restaurant & are zoned RS-18, with the new OCP paving the way for rezoning to commercial mixed use, allowing up to 4 storeys on two of the lots that lie within the Primary Growth Area, & 2 storeys on the remaining lot. Altogether, these five lots offer an array of future development potential that will help shape the landscape of Cordova Bay. (id:6289)
$13,500,000
5090 Cordova Bay Road, Saanich, British Columbia
Essential Information
- MLS® #942890
- Price$13,500,000
- Price per Sqft1089
- Bathrooms8.00
- Square Footage12,397
- Acres1.30
- Year Built1922
- TypeSingle Family
- Sub-TypeFreehold
- Days on Website239
Amenities
- FeaturesCentral location, Park setting, Other
- Parking Spaces10
- ViewMountain view, Ocean view
- Is WaterfrontYes
- WaterfrontWaterfront on ocean
Additional Information
- ZoningResidential/Commercial
Community Information
- Address5090 Cordova Bay Road
- SubdivisionCordova Bay
- CitySaanich
- Postal CodeV8Y2K5
Interior
- HeatingNatural gas Forced air, Heat Recovery Ventilation (HRV)
- CoolingAir Conditioned
Listing Details
- Listing OfficeSotheby's International Realty Canada