5090 Cordova Bay Rd, Saanich, BC V8Y 2K5
- $13,500,000
- 8
- BA
- 10,993
- SqFt
Courtesy of Sotheby's International Realty Canada
- List Price
- $13,500,000
- Status
- ACTIVE
- MLS® #
- 942890
- Property Type
- Single Family Residential
- Year Built
- 1922
- Style
- Other
- Total baths
- 8
- Living Area
- 10,993
- Acres
- 1.30
- Lot Size
- 56,470
- District
- Saanich
- Neighbourhood
- Se Cordova Bay
Property Description
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.
Additional Information
- Layout
- Other
- Lot Features
- Central Location, Near Golf Course, Park Setting, Recreation Nearby, Shopping Nearby, Walk on Waterfront
- Heating
- Forced Air, Heat Recovery, Natural Gas
- Roof
- Metal
- Parking Spaces
- 10
- Interior Features
- Bar
- Parking Type
- Driveway, On Street
- Kitchens
- 2
- Laundry Feature
- In House
- Taxes
- $128,580
- Rentals Allowed
- Unrestricted
- Pets Allowed
- Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
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