Andy Stephenson, SRES Real Estate

Victoria BC Real Estate.

Sotheby's International Realty Canada

Residential Property in Saanich East

5090 Cordova Bay Rd MLS® NO.1028445

0 Beds | 0 Baths | 0 SqFt | 39719 SqFt Lot
Listed at $7,500,000

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Property Details

Rare development opportunity to acquire three seaside lots within the Primary Growth Area (PGA) of Cordova Bay Village, including 5090, 5094, 5098 Cordova Bay Road. Located in one of Victoria's most prestigious neighbourhoods, They are the core of this community. With stunning views of the ocean and direct beach access across the road, this site offers inherent potential to take advantage of the existing blend of commercial and residential zoning, in step with Official Community Plan updates. The three vacant lots are zoned RS-18, with the new OCP paving the way for rezoning to commercial mixed use for up to four storeys on two lots that lie within the PGA, and two storeys on the remaining lot. This opportunity for future development will help shape the landscape of Cordova Bay.

General

Property Type:Single Family Detached
Title of Ownership:Lot 1, Section 30, Lake District, Plan 6219 Lot 2, Section 30, Lake District, Plan 6219 Lot 3, Section 30, Lake District, Plan 6219
Layout:Other
Taxes:$34,808
Tax Year:2025
Finished Sq. Ft.:0
Unfinished Sq. Ft.:0

Building Details

Foundation: None
Roof: See Remarks
Heat/Air: Other

Site Influences

Lot SqFt: 39,719
Acres: 0.91
Water: Municipal
Waste: Sewer Available
Parking: Open, None
Lot Features: Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Near Golf Course

Room Dimensions

Room Name Level 1Level 2Level 3Level 4Level 5Other
Sq. Ft 0.000.000.000.000.00
Unfinished Rooms
Garage12x18


Listed with:

Glynis MacLeod - Sotheby's International Realty Canada

Kirsten MacLeod - Sotheby's International Realty Canada


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