5090 Cordova Bay Rd
Offered at: $7,500,000
MLS®: 1013682
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.
Quick Stats
Key Home Data
0
BATH(S)
0
BED(S)
Contact for
SQFT
YES
SHOWING AVAILABLE
Property Type:
Residential Home Ownership:
Freehold
Payment Calculator
Calculate your monthly mortgage payment.
Mortgage Amount
$
Amortization
years
Payment Freq.
Interest Rate
%
Calculating...
All About the Details
See specific details below.
Neighbourhood Statistics
Get to know your neighbourhood.
