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5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East) : MLS®# 942890

5090 Cordova Bay Rd Saanich V8Y 2K5 : SE Cordova Bay

Main Photo: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East) : MLS®# 942890
$13,500,000
Prop. Type:
Residential
MLS® Num:
942890
Status:
Active
Bathrooms:
8
Year Built:
1922
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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1922 (Age: 102)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
Switch units of measure10,993 sq. ft.
Listing General Location:
SE Cordova Bay, Saanich East
Bedrooms:
0
Bathrooms:
8.0 (Full:-/Half:-)
Lot Size:
Switch units of measure1.296 acre(s)
Kitchens:
2
Taxes:
Construction:
See Remarks
New Construction:
No
Basement:
Walk-Out Access
Foundation:
Concrete Perimeter
Roof:
Metal
Ceiling Heights:
Switch units of measure
Total Building Area:
Switch units of measure12,397 sq. ft.
Total Unfinished Area:
Switch units of measure1,404 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
3
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
5
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
Switch units of measure5,424 sq. ft.
Living Area Main Floor:
Switch units of measure5,198 sq. ft.
Living Area Other Floor:
Switch units of measure377 sq. ft.
Living Area 2nd Floor:
Switch units of measure0 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Forced Air, Heat Recovery, Natural Gas
Fireplace:
No
Pending Date:
Bar
Mountain(s), Ocean, Other
Ocean Front
Main Level
0
Yes
No
Unrestricted
Floor
Type
Dimensions
Other
Main Floor
Main Floor
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD63)
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
4
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
4
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
West
Layout:
Other
Lot Site Features:
Central Location, Near Golf Course, Park Setting, Recreation Nearby, Shopping Nearby, Walk on Waterfront
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, On Street
Total Parking Spaces:
10
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 12, 2023
Original Price:
1.35E7
Listed by Sotheby's International Realty Canada and William Wright Commercial Real Estate Service - Victoria Branch
Data was last updated June 29, 2024 at 08:05 AM (UTC)
THE MARK IMHOFF GROUP
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.