Prime Oceanfront
CA$13,500,000
Glynis MacLeod
Property features
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- 8 bathrooms
- Scenic
- Hiking
- Ocean Front
- Storage Area
- Ocean / Beach
- Acreage
- Boating
- Ocean
- QC Approved Listing
- Cycling
- Fishing
- Waterfront
- Mountain
- Patio
752 Douglas Street , British Columbia , Victoria , V8W 3M6
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Property description
Rare opportunity to acquire up to five seaside lots within the Primary Growth Area (PGA) of Cordova Bay Village, including 5090, 5094, 5098, 5105 and 5109 Cordova Bay Road. 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 and residential zoning or redevelop the site into higher density, luxury residential accommodation, in step with recent Official Community Plan updates. The three 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 four storeys on two lots that lie within the PGA, and two storeys on the remaining lot. These five lots offer future development potential that will help shape the landscape of Cordova Bay.https://www.sothebysrealty.com/id/dhxz9r
5090 Cordova Bay Road, Saanich, British Columbia, Canada
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