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5090 Cordova Bay Rd Saanich, British Columbia V8Y 2K5

$7,500,000

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. (id:61048)

Property Details

MLS® Number 1013682
Property Type Vacant Land
Neigbourhood Cordova Bay
Features Central Location, Partially Cleared, Other
Parking Space Total 60
Plan Vip6219
View Type Ocean View

Building

Land

Acreage No
Size Irregular 0.91
Size Total 0.91 Ac
Size Total Text 0.91 Ac
Zoning Type Residential

https://www.realtor.ca/real-estate/28850713/5090-cordova-bay-rd-saanich-cordova-bay

Contact Us

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Glynis Macleod
Personal Real Estate Corporation

(250) 661-7232
(250) 380-3939
(877) 530-3933
www.macleod-group.com/
www.facebook.com/macleodgrouprealestate
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Sotheby's International Realty Canada
752 Douglas St
Victoria, British Columbia V8W 3M6

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

Kirsten Macleod

(250) 686-3385

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

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

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