Rare Development Opportunity
5090 Cordova Bay Road, Saanich, BC
- 0 BEDS
- 0 BATHS
- 0.91 ac Land
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- Rare Development Opportunity
Key Facts
- MLS® #: 1013682
- Property ID: SIRC2783307
- Property Type: Lots & Land, Vacant Land (0-10 Acres)
- Lot Size: 0.91 ac
- Parking Spaces: 60
- Listed By:
- Glynis MacLeod, Kirsten MacLeod
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.
Amenities
- Cycling
- Fishing
- Hiking
- Ocean / Beach
- Parking
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Location
5090 Cordova Bay Road, Saanich, British Columbia, V8Y 2K5 Canada
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Marketed By
Sotheby’s International Realty Canada
752 Douglas Street
Victoria, British Columbia, V8W 3M6