Forgot password Extend Verify Contact

5090 Cordova Bay Rd
SE Cordova Bay Saanich V8Y 2K5

$13,500,000
Commercial Sale

Main Photo: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
Photo 1: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
Photo 2: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
Photo 3: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
Photo 4: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
Photo 5: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
Photo 6: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
Photo 7: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
Photo 8: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
943356
Rare opportunity to acquire up to five lots within the Primary Growth Area of Cordova Bay Village. Located in one of Victoria's most prestigious neighborhoods, two of the five lots include a prime oceanfront landmark, the former Beach House restaurant. The three remaining lots, currently used for parking, are located across from the Beach House and are zoned RS-18 (Single Family Dwelling), with the new OCP paving the way for rezoning to commercial mixed use, which would allow for up to 4 storeys on two of the lots that fall within the Saanich Primary Growth Area, and 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. Lot Addresses and PIDS: 5090 CORDOVA BAY RD: 005-902-240 5094 CORDOVA BAY RD: 005-902-215 5098 CORDOVA BAY RD: 005-902-193 5109 CORDOVA BAY RD: 000-060-348 5105 CORDOVA BAY RD: 000-060-364
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
SE Cordova Bay, Saanich East
Bathrooms:
- (Full:-/Half:-)
Lot Size:
1.296 acre(s)
Taxes:
$4,017 / 2023
Number of Storeys:
2
Commercial Area:
Peninsula
Fireplace:
No
Balcony/Deck, Balcony/Patio
Main Level
0
Yes
No
Unrestricted
Assessed:
1010000.0
Assessment year:
2023
Jurisdiction name:
District of Saanich (SD63)
Legal Description:
LOT 3, PLAN VIP6219, SECTION 30, LAKE DISTRICT LOT 2, PLAN VIP6219, SECTION 30, LAKE DISTRICT LOT 1, PLAN VIP6219, SECTION 30, LAKE DISTRICT LOT A, PLAN VIP32721, SECTION 31, LAKE DISTRICT LOT B, PLAN VIP32721, SECTION 31, LAKE DISTRICT
Occupancy:
Owner
Lot Site Features:
Walk on Waterfront
Parking Features:
On Site
Total Parking Spaces:
8
Road Surface Type:
Paved
Date Listed:
Sep 12, 2023
Original Price:
1.35E7
  • Photo 1: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
    Photo 1 of 8
  • Photo 2: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
    Photo 2 of 8
  • Photo 3: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
    Photo 3 of 8
  • Photo 4: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
    Photo 4 of 8
  • Photo 5: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
    Photo 5 of 8
  • Photo 6: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
    Photo 6 of 8
  • Photo 7: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
    Photo 7 of 8
  • Photo 8: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Unimproved Land for sale (Saanich East)  : MLS®# 943356
    Photo 8 of 8
To access this listing,
please create a free account

Listed by Jeffery Hassler of William Wright Commercial Real Estate Service - Victoria Branch and Glynis MacLeod of Sotheby's International Realty Canada
Data was last updated February 29, 2024 at 08:05 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,115,000
Min list price:
$79,000
Max list price:
$33,000,000
Avg days on market:
156
Min days on market:
8
Max days on market:
303
These statistics are generated based on the current listing's property type and located in Saanich East. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.