Rare opportunity to acquire up to five seaside lots within the Primary Growth Area (PGA) of Cordova Bay Village, including 5090, 5094, 5098, 5105 and 5109 Cordova Bay Road. Located in one of Victoria's most prestigious neighbourhoods, two of...
Rare opportunity to acquire up to five seaside lots within the Primary Growth Area (PGA) of Cordova Bay Village, including 5090, 5094, 5098, 5105 and 5109 Cordova Bay Road.
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. With stunning views of the beach, this site offers inherent potential to take advantage of the existing blend of commercial and residential zoning or redevelop the site into higher density, luxury residential accommodation, in step with recent Official Community Plan updates. The three remaining lots, currently used for parking across from the restaurant, 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.
These five lots offer future development potential that will help shape the landscape of Cordova Bay.
features
lot description
Mountain Views, Ocean Front
Additional Listing Type
International
Property Feature
Property Description
Acreage
Lot Feature
Location
Waterfront
Prime Oceanfront, Saanich, British Columbia V8Y 2K5 Canada is a Single Family Homes for Sale for $9,854,015 (13 500 000 $). Was built in 1922, has 10,993 Sq.Ft. on a lot of 1.3 Acres and it's composed from Bedrooms, 8 full baths