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5090 Cordova Bay Rd Saanich, British Columbia V8Y 2K5

8 Bathroom 12397 sqft
Air Conditioned Forced Air, Heat Recovery Ventilation (Hrv) Waterfront On Ocean Acreage

$13,500,000

Rare opportunity to acquire up to five seaside lots within the Primary Growth Area 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 the former Beach House restaurant (available as part of this package or separate MLSA 965344), a prime oceanfront landmark that has been the epicentre of the community for decades. With stunning views of Cordova Bay Beach, this site offers inherent potential to take advantage of the existing blend of commercial & residential zoning or redevelop the site into higher density, luxury residential accommodation, in step with recent Official Community Plan updates. The 3 remaining lots, currently used for parking, are across from the restaurant & are zoned RS-18, with the new OCP paving the way for rezoning to commercial mixed use, allowing up to 4 storeys on two of the lots that lie within the Primary Growth Area, & 2 storeys on the remaining lot. Altogether, these five lots offer an array of future development potential that will help shape the landscape of Cordova Bay. (id:29647)

Property Details

MLS® Number 942890
Property Type Single Family
Neigbourhood Cordova Bay
Features Central Location, Park Setting, Other
Parking Space Total 10
View Type Mountain View, Ocean View
Water Front Type Waterfront On Ocean

Building

Bathroom Total 8
Constructed Date 1922
Cooling Type Air Conditioned
Fireplace Present No
Heating Fuel Natural Gas
Heating Type Forced Air, Heat Recovery Ventilation (hrv)
Size Interior 12397 Sqft
Total Finished Area 10993 Sqft
Type House

Land

Access Type Road Access
Acreage Yes
Size Irregular 1.3
Size Total 1.3 Ac
Size Total Text 1.3 Ac
Zoning Type Residential/commercial

Rooms

Level Type Dimensions
Lower Level Bathroom 6-Piece
Lower Level Bathroom 6-Piece
Lower Level Bathroom 2-Piece
Lower Level Bathroom 2-Piece
Lower Level Bathroom 2-Piece
Main Level Dining Room 52 ft x 47 ft
Main Level Bathroom 2-Piece
Main Level Bathroom 6-Piece
Main Level Bathroom 6-Piece
Main Level Kitchen 35 ft x 12 ft

https://www.realtor.ca/real-estate/26046945/5090-cordova-bay-rd-saanich-cordova-bay


Sotheby's International Realty Canada
752 Douglas St
Victoria, British Columbia V8W 3M6

(250) 380-3933
(250) 380-3939

William Wright Commercial Real Estate Service - Victoria Branch
843 Johnson Street
Victoria, British Columbia V8W 0G3

(250) 590-5797
(604) 428-5254
https://www.williamwright.ca/
https://www.facebook.com/WilliamWrightCommercial/
https://www.linkedin.com/company/william-wright-commercial/
https://twitter.com/wwcommercial
https://www.instagram.com/williamwrightrealestate/

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