Rare opportunity to acquire up to five seaside lots within the Primary Growth Area of Cordova Bay Village, including 5090, 5094, 5098, 5105 & 5109 Cordova Bay Rd. Located in one of Victoria's most prestigious neighbourhoods, two of the five lots include the former Beach House restaurant, a prime oceanfront landmark that has been the epicentre of the community for decades. With stunning views of Cordova Bay Beach, this site offers inherent potential to take advantage of the existing blend of commercial & residential zoning or redevelop the site into higher density, luxury residential accommodation, in step with recent Official Community Plan updates. The 3 remaining lots, currently used for parking, are across from the restaurant & are zoned RS-18, with the new OCP paving the way for rezoning to commercial mixed use, allowing up to 4 storeys on two of the lots that lie within the Primary Growth Area, & 2 storeys on the remaining lot. Altogether, these five lots offer an array of future development potential that will help shape the landscape of Cordova Bay. (id:47423)
Share
Listed By
Sotheby's International Realty Canada, William Wright Commercial Real Estate Service - Victoria Branch
Interested in obtaining the full price history for this property? Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.
Detailed Information
Bathrooms
8
Total Area
12,397 ft2
Features
Central location, Park setting, Other
Listing Contract Date
2023-09-12
Municipal ID
See titles
Ownership Type
Freehold
# of Parking Spaces
10
Property Type
Single Family
Transaction Type
For sale
Views
Mountain view, Ocean view
Waterfront Type
Waterfront on ocean
Zoning
Residential/Commercial
Building
Constructed Date
1922
Cooling Type
Air Conditioned
Heating Fuel
Natural gas
Heating Type
Forced air, Heat Recovery Ventilation (HRV)
Total Finished Area
10993 sqft
Type
House
Rooms
Room
Level
Dimensions
Notes
Bathroom
Lower level
6-Piece
Bathroom
Lower level
6-Piece
Bathroom
Lower level
2-Piece
Bathroom
Lower level
2-Piece
Bathroom
Lower level
2-Piece
Dining room
Main level
52 ft x 47 ft
Bathroom
Main level
2-Piece
Bathroom
Main level
6-Piece
Bathroom
Main level
6-Piece
Kitchen
Main level
35 ft x 12 ft
Dining room
Additional Accommodation
39 ft x 65 ft
Kitchen
Additional Accommodation
38 ft x 18 ft
Land
Total Size
1.3 acres
Access Type
Road access
Acreage
Yes
Size of Irregular Land
1.3
Terms of Use
Please review and agree to the following terms of use to access the listing content:
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA;
The information contained on this site is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy;
This website is operated by a brokerage or salesperson who is a member of CREA;
The listing content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically forbidden. The prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate data on the pages produced by or displayed on this website.
The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
