5090 Cordova Bay Rd, Saanich, British Columbia V8Y 2K5

Listed for:
$7,500,000
0 beds
0 baths
Listed 15 days ago
House for rent: 5090 Cordova Bay Rd, Saanich, British Columbia V8Y 2K5

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About

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. (id:27476)

Property Highlights

MLS® Number
1028445
Type
Single Family
Ownership Type
Freehold
Land Size
0.91 ac
Parking Space Total
60

Building

Building Type
House
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
None

Location

Learn more about this property
Listing provided by:
Sotheby's International Realty Canada
MLS® number:
1028445
Agent:
Glynis Macleod
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Street Spotlight - For sale