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5090 Cordova Bay Rd
Saanich British Columbia V8Y2K5 Canada

$13,500,000

Active Listing ID 942890
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12,397 square feet
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8.00 Bath
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Single Family

$13,500,000

Active Listing ID 942890
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5090 Cordova Bay Rd 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:203)

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Property Features

  • Facts
  • Property Sub-type: Single Family
  • Features
  • Cooling System: Air Conditioned
  • Heating Systems: Forced air, Heat Recovery Ventilation (HRV), Natural gas
  • Additional Features
  • Basement
  • Fireplace
  • Waterfront
Listing Changed: 3/14/2024 1:58:46 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: GlynisMacLeod, Salesperson, Sotheby's International Realty Canada

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