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Catherine Potin

catherine.potin@engelvoelkers.com +1(250) 893-3308

Listed by Glynis MacLeod Sotheby's International Realty Canada

$ 7,500,000

Est. payment -/mo

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Active

5090 Cordova Bay Rd Saanich, BC V8Y 2K5

0.91 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1028445

Style Other

HOA Y/N No

Annual Tax Amount $34,808

Tax Year 2025

Lot Size 0.910 Acres

Acres 0.91

Property Sub-Type Single Family Residence

Property Description

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.

Location

Province BC

County Capital Regional District

Community Se Cordova Bay

Area Saanich East

Rooms

Kitchen 0

Interior

Heating Other

Cooling None

Fireplace No

Laundry None

Exterior

Parking Features Open, None

Garage Spaces 60.0

View Y/N Yes

View Ocean

Roof Type See Remarks

Total Parking Spaces 60

Garage No

Building

Lot Description Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Near Golf Course

Foundation None

Sewer Sewer Available

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Acceptable Financing Purchaser To Finance

Listing Terms Purchaser To Finance

Special Listing Condition Land Value Only

NEARBY SCHOOLS & PROPERTIES

Catherine Potin

Advisor

+1(250) 893-3308

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