5090 Cordova Bay Rd, Saanich, BC

$13,500,000

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8

Baths

10,993

Square feet

1.30

Acres

About 5090 Cordova Bay Rd

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 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 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 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.

Features of 5090 Cordova Bay Rd

MLS® # 942890
Price $13,500,000
Bathrooms 8.00
Square Footage 10,993
Acres 1.30
Year Built 1922
Type Residential
Sub-Type Single Family Detached
Status Active

Community Information

Address 5090 Cordova Bay Rd
Area SE Cordova Bay
City Saanich
County Capital Regional District
Province BC
Postal Code V8Y 2K5

Amenities

Parking Spaces 10
Parking Driveway, On Street
View Mountain(s), Ocean, Other
Is Waterfront Yes
Waterfront Ocean
Has Pool No

Interior

Interior Features Bar
Heating Forced Air, Heat Recovery, Natural Gas
Cooling Air Conditioning
Fireplace No

Exterior

Roof Metal
Construction See Remarks
Foundation Poured Concrete

Additional Information

Days on Market 259

Listing Details

OfficeSotheby's International Realty Canada

Listing Map

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