5090 Cordova Bay Rd | $7,500,000 | MLS® 1013682
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Royal LePage Coast Capital - Chatterton
110 - 4460 Chatterton Way
Victoria, BC
Canada V8X 5J2
MLS® 1013682

Details

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Years (35 year max)
Years



Address 5090 Cordova Bay Rd
AreaSaanich East
Sub AreaCordova Bay
State/ProvinceBritish Columbia
CountryCanada
Price$7,500,000
Property TypeLots/Acreage
Bedrooms0
Bathrooms0
Lot Size39719.00 Square Feet
WaterfrontNo
Year Built0
Taxes $31,519
Tax Year2024
MLS® #1013682

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 epicentre 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.


Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA


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