5090 Cordova Bay Rd new

Saanich,BC V8Y 2K5

$ 7500000

0 Bed

0 Bath

0 SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1013682

Annual Tax Amount $31,519

Tax Year 2024

Lot Size 0.910 Acres

Property Sub-Type Land

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 epicentre 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.

Location

Province BC

County Capital Regional District

Area Se Cordova Bay

Rooms

Kitchen 0

Exterior

View Y/N Yes

View Ocean

Building

Lot Description Central Location,Cleared,Easy Access,Near Golf Course

Sewer Sewer Available

Water Municipal

Others

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

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