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5090 Cordova Bay Rd Saanich, BC V8Y 2K5
0.91 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1013682
Rental Info Unrestricted
Annual Tax Amount $31,519
Tax Year 2024
Lot Size 0.910 Acres
Acres 0.91
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
Total Parking Spaces 60
Building
Lot Description Central Location, Cleared, Easy Access, Near Golf Course
Sewer Sewer Available
Water Municipal
Others
Pets Allowed Yes
Tax ID 005-902-240
Ownership Freehold
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
Listed by Sotheby's International Realty Canada