Area: British Columbia
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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:44056)

Property Details

Full Address:
5090 Cordova Bay Rd, Saanich, British Columbia
Price:
$ 7,500,000
MLS Number:
1028445
List Date:
March 17th, 2026
Lot Size:
0.91 ac
Taxes:
$ 34,808

Interior Features

Air Conditioning:
None
Heating:
Other

Building Features

Zoning:
Multi-Family
Garage Spaces:
60
Ownership Type:
Freehold
Taxes:
$ 34,808

Floors

Land

View:
Ocean view
Lot Size:
0.91 ac

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Glynis MacLeod Personal Real Estate Corporation Sotheby's International Realty Canada
 250-661-7232
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Listing Agent(s)

Listing: Glynis MacLeod
Sotheby's International Realty Canada
Co-Listing: Kirsten MacLeod
Sotheby's International Realty Canada

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