- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1013682
- Photos (16)
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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.
- Property Type:
- Residential
- Type:
- Land
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
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- Listing General Location:
- SE Cordova Bay, Saanich East
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 0.912 acre(s)
- Kitchens:
- 0
- Taxes:
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- Ceiling Heights:
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- Commercial Area:
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- # Bedrooms or Dens Total:
- 0
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Water supply:
- Municipal
- Sewer:
- Sewer Available
- Fireplace:
- No
- Pending Date:
- Signup
- Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- District of Saanich (SD63)
- Legal Description:
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- Units in Building:
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- Units in Community:
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- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Lot Site Features:
- Central Location, Cleared, Easy Access, Near Golf Course
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Total Parking Spaces:
- 60
- Total Units:
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- Date Listed:
- Sep 11, 2025
- Original Price:
- 7500000.0
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Listed by Sotheby's International Realty Canada
Data was last updated September 12, 2025 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 81
- Avg list price:
- $1,798,000
- Min list price:
- $399,999
- Max list price:
- $7,500,000
- Avg days on market:
- 56
- Min days on market:
- 1
- Max days on market:
- 912
- Avg price per sq.ft.:
- $745.2
These statistics are generated based on the current listing's property type
and located in
SE Cordova Bay. Average values are
derived using median calculations. This data is not produced by the MLS® system.
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