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. (id:45055)
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Property Details
MLS® Number 1013682 Property Type Vacant Land Neigbourhood Cordova Bay Features Central Location, Partially Cleared, Other ParkingSpaceTotal 60 Plan Vip6219 ViewType Ocean View -
Building
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Land
Acreage No SizeIrregular 0.91 SizeTotal 0.91 Ac SizeTotalText 0.91 Ac ZoningType Residential -
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Utilities
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September 11 2025 08:10:52
Victoria Real Estate Board
Sotheby's International Realty Canada
