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 (MLS 965344) - 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 future development potential with 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
| Date Listed | September 12th, 2023 |
|---|---|
| Days on Market | 372 |
Listing Details
| Office | Sotheby's International Realty Canada |
|---|