5090 Cordova Bay Rd, Saanich, British Columbia

$13,500,000

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8

Baths

12,397

Square feet

1.30

Acres

About 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:6289)

Features of 5090 Cordova Bay Rd

Listing # 942890
Price $13,500,000
Bathrooms 8.00
Square Footage 12,397
Acres 1.30
Year Built 1922
Type Single Family
Sub-Type Freehold

Community Information

Address 5090 Cordova Bay Rd
Subdivision Cordova Bay
City Saanich
Province British Columbia
Postal Code V8Y2K5

Amenities

Features Central location, Park setting, Other
Parking Spaces 10
View Mountain view, Ocean view
Is Waterfront Yes
Waterfront Waterfront on ocean
Has Pool No

Interior

Heating Natural gas Forced air, Heat Recovery Ventilation (HRV)
Cooling Air Conditioned
Fireplace No
Has Basement No

Additional Information

Zoning Residential/Commercial

Listing Details

OfficeSotheby's International Realty Canada

Listing Map

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