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$ 7,500,000
Est. payment | /mo
0.91 Acres Lot
$ 7,500,000
Est. payment | /mo
0.91 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Cordova Bay
MLS® Listing ID 1013682
Lot Size 0.910 Acres
Acres 0.91
Property Sub-Type Freehold
Source Victoria Real Estate Board
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. (id:24570)
Location
Province BC
Zoning Residential
Rooms
Kitchen 0.0
Exterior
Parking Features No
View Y/N Yes
View Ocean view
Total Parking Spaces 60
Private Pool No
Others
Ownership Freehold
Listed by Sotheby's International Realty Canada
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Franco Maione
Real Broker