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$7,500,000
British Columbia,Saanich
For Sale Active
5090 Cordova Bay Rd, Saanich, British Columbia V8Y2K5
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1-877-888-3131
Basic Details
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. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 1013682
  • Price: $7,500,000
  • View: Ocean view
  • Status: Active
  • Property Sub Type: Vacant Land
  • Office Key: 94074
Address Map
  • Location: CA, British Columbia, Saanich, V8Y2K5
  • Street: Cordova Bay
  • Street Number: 5090
  • Street Suffix: Road
  • Longitude: W124° 37' 56.7''
  • Latitude: N48° 31' 16.3''
  • Zoning: Residential
Additional Information
  • Lot Features:
  • Lot Size Dimensions: 0.91
Financial
  • Tax Annual Amount: 31519
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Listing updated: 2025-10-04 17:09:09
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Listing Information
  • List Agent Key: 1903311
  • List Office Key: 94074
  • Modification Timestamp: 2025-09-11T20:31:03Z
  • Originating System Name: Victoria Real Estate Board
  • Status Change Timestamp: 2025-09-11T20:10:53Z
Powered by REALTOR.ca
Listing updated: 2025-10-04 17:09:10

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