5090 Cordova Bay Rd, Saanich, BC
$13,500,000
Baths
Square feet
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.
Residential home for sale in Saanich, BC at 5090 Cordova Bay Rd. This Residential home is priced at $1,228/sqft
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 |
| View | Mountain(s), Ocean, Other |
Community Information: Saanich
| Address | 5090 Cordova Bay Rd |
|---|---|
| Area | SE Cordova Bay |
| City | Saanich |
| County | Capital Regional District |
| Province | BC |
| Postal Code | V8Y 2K5 |
Amenities of 5090 Cordova Bay Rd
| Parking Spaces | 10 |
|---|---|
| Parking | Driveway, On Street |
| # of Kitchens | 2 |
| View | Mountain(s), Ocean, Other |
| Is Waterfront | Yes |
| Waterfront | Ocean |
| Has Pool | No |
Interior of 5090 Cordova Bay Rd
| Interior Features | Bar |
|---|---|
| Heating | Forced Air, Heat Recovery, Natural Gas |
| Cooling | Air Conditioning |
| Fireplace | No |
Exterior of 5090 Cordova Bay Rd
| Roof | Metal |
|---|---|
| Construction | See Remarks |
| Foundation | Poured Concrete |
Additional Information On 5090 Cordova Bay Rd
| Days on Market | 14 |
|---|---|
| Office | Sotheby's International Realty Canada |