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Featured exterior photo of 5090 Cordova Bay Rd, Saanich, BC
59 days on market
Residential
5090 Cordova Bay Rd, Saanich, BC
$7,500,000
0 sqft
5090 Cordova Bay Rd, Saanich, BC
Residential · Single Family Detached · Saanich, BC
$7,500,000 MLS® 1028445
0Sq Ft
0.91Acres

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 the 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.

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Property Location
5090 Cordova Bay Rd, Saanich, BC
Listed by Sotheby's International Realty Canada

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