Rare Development Opportunity (Off Market)

For Sale, CAD 7,500,000


5090 Cordova Bay Road,

Property Type : Vacant Land

Property Style : N/A

Build Size : N/A

Land Size : 39,639 ft² / 3,683 m² Convert Land Size

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: 1013682


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.
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Fishing
Ocean/Beach
Rare Development Opportunity, Canada,British Columbia,Saanich is a Saanich luxury Vacant Land listed for sale CAD 7,500,000. This high end Saanich Vacant Land is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Saanich or search for luxury properties for sale in Saanich.