5090 Cordova Bay Rd | $13,500,000
Katrina Kamaretsos Agent Photo
Katrina
Kamaretsos*
C. (250) 812-2405
P. (250) 384-8124
Phone Katrina http://www.myvictoriarealty.com/
Pemberton Holmes - Cloverdale
150-805 Cloverdale Ave
Victoria, BC
Canada V8X 2S9

Details

%
Years (35 year max)
Years



Address 5090 Cordova Bay Rd
AreaSaanich East
Sub AreaCordova Bay
State/ProvinceBritish Columbia
CountryCanada
Price$13,500,000
Property TypeSingle Family
Bedrooms0
Bathrooms8
Floor Space10993 Square Feet
Lot Size56470.00 Square Feet
WaterfrontYes
Year Built1922
Taxes $128,580
Tax Year2022
Colisting BrokerageWILLIAM WRIGHT COMMERCIAL REAL ESTATE SERVICE - VICTORIA BRANCH
MLS® #942890

Rare opportunity to acquire up to five seaside lots within the Primary Growth Area (PGA) 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. With stunning views of the 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 across from the restaurant, are zoned RS-18, with the new OCP paving the way for rezoning to commercial mixed use, for up to 4 storeys on two lots that lie within the PGA, & 2 storeys on the remaining lot.These five lots offer future development potential that will help shape the landscape of Cordova Bay.


Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.


Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA


NOTE: MLS® property information is provided under copyright © by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. The website must only be used by consumers for the purpose of locating and purchasing real estate.

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About

Katrina Kamaretsos
Licensed Real Estate Professional | REALTORĀ®

Katrina is eager to help clients navigate through what can sometimes feel like another languageā€¦real estate.

Katrina brings to the team over 6 years of client support experience through the banking industry. She also has experience in building awareness and gaining exposure for consumer products and services through her marketing and public relations background. New life chapters begin when you are buying or selling your home and Katrina wants to help you and your family through these big changes.

With her combined education and experience she is ready to either showcase the value of your home or search for the property that fulfills your needs and dreams. She will be with you every step of the way!