5090 Cordova Bay Rd, Saanich, BC
$7,500,000
0
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 core 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 the 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.
Whether you are buying, selling, evaluating your home, or just exploring — we have a tailored path ready for you.
A focused 1-on-1 to map out timing, pricing, and your next move.
Reserve a time SellersA REALTOR-prepared valuation using local sold data and condition adjustments.
Request evaluation SellersInstant ballpark estimate powered by recent Vancouver Island sold data.
Get an instant estimate BuyersTell us your criteria and we will build a focused buying plan and shortlist.
Start your search