Property Details
Price: $8,000,000
Address: 5090, 5094, 5098 Cordova Bay Road, Victoria, BC
Neighbourhood: Cordova Bay
Type: Residential/Commercial
Year Built: 1922
Lot Size: 56,470 sq.ft
Parking: 10
Zoning: RS-18 & C-2 Commercial
Rare opportunity to acquire up to 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 located in 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 recent 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 five storeys on two lots that lie within the PGA, and two storeys on the remaining lot.
These lots offer a luxury opportunity for future development that will help shape the landscape of Cordova Bay.
LOCATION
Cordova Bay is an up-market neighbourhood of Greater Victoria, with some of the city's prime oceanfront real estate. This property is located beside McMorran Park near to the services at Mattick’s Farm and the newly completed shops and condos at The Haro plus a short drive to Broadmead Shopping Centre.
This warm and vibrant community offers excellent schools and access to the famed Lochside Trail. It also boasts the 18-hole Cordova Bay Golf Course and the nine-hole pitch and putt Ridge Course.