5090 Cordova Bay Rd

For Sale New 6 hours
$7,500,000
0.91 Acre

5090 Cordova Bay Rd

For Sale New 6 hours
$7,500,000
0.91 Acre

Highlights

Key insights

Description

Rare development opportunity to acquire three seaside lots within the Primary Growth Area (PGA) of Cordova Bay Village, including 5090, 5094, 5098 Cordova Bay Road. Located in one of Victoria's most prestigious neighbourhoods, They are the epicentre of this community. With stunning views of the ocean and direct beach access across the road, this site offers inherent potential to take advantage of the existing blend of commercial and residential zoning, in step with Official Community Plan updates. The three vacant lots are zoned RS-18, with the new OCP paving the way for rezoning to commercial mixed use for up to four storeys on two lots that lie within the PGA, and two storeys on the remaining lot. This opportunity for future development will help shape the landscape of Cordova Bay.

Glynis MacLeod of Sotheby's International Realty Canada,
MLS®#1013682
updated 6 hours ago.
Houseful checked MLS® for data 6 hours ago.

Home overview

Amenities / Utilities
  • Sewer/ septic
    Sewer available
Exterior
  • # parking spaces
    60
Interior
  • # total bathrooms
    0.0
  • Has fireplace (y/n)
    No
Location
  • County
    Capital regional district
  • Area
    Saanich east
  • View
    Ocean
  • Water source
    Municipal
  • Zoning description
    Residential
  • Directions
    5220
Lot/ Land Details
  • Lot desc
    Central location, cleared, easy access, near golf course
Overview
  • Lot size (acres)
    0.91
  • Mls® #
    1013682
  • Property sub type
    Residential
  • Status
    Active
  • Tax year
    2024
SOA_HOUSEKEEPING_ATTRS
  • Listing type identifier
    Idx

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