$ 13,500,000
5090 Cordova Bay Rd
12397 sqft House for sale in Saanich
$ 13,500,000
MLS 942890
5090 Cordova Bay Rd
Saanich, B.C. CANADA
N/A Bedrooms
8 Bathrooms
12397 sqft
CONTACT
Roger Beck, REALTOR
RE/MAX of Nanaimo
1-5140 Metral Drive, Nanaimo, B.C.
250-751-1223
Rare opportunity to acquire up to five seaside lots within the Primary Growth Area of Cordova Bay Village, including 5090, 5094, 5098, 5105 & 5109 Cordova Bay Rd. Located in one of Victoria's most prestigious neighbourhoods, two of the five lots include the former Beach House restaurant, a prime oceanfront landmark that has been the epicentre of the community for decades. With stunning views of Cordova Bay Beach, this site offers inherent potential to take advantage of the existing blend of commercial & residential zoning or redevelop the site into higher density, luxury residential accommodation, in step with recent Official Community Plan updates. The 3 remaining lots, currently used for parking, are across from the restaurant & are zoned RS-18, with the new OCP paving the way for rezoning to commercial mixed use, allowing up to 4 storeys on two of the lots that lie within the Primary Growth Area, & 2 storeys on the remaining lot. Altogether, these five lots offer an array of future development potential that will help shape the landscape of Cordova Bay. (id:25560)
Listed by brokerage : Sotheby's International Realty Canada
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