This is a rare opportunity to acquire four lots in one of Victoria’s most prestigious neighborhoods, Cordova Bay. The four lots are directly across from the Beachhouse Restaurant waterfront property that has been the epicenter of the community for the past two decades. With stunning views of Cordova Bay beach, properties like these don’t come for sale often. All four lots are zoned RS-18 (Single Family Dwelling); however, the Saanich local area plan indicates that zoning will be changed to Commercial Mixed Use in the future. With the future community plan in mind, these four lots hold massive future development opportunities that could help shape the landscape of Cordova Bay. Vendor requires the lease back of parking lots until September 2023.
For Sale
5090 Cordova Bay Road, Saanich,
Canada
± 54,161 SQFT
Development Land
$9,900,000
Cordova Bay is also the home to the 18-hole Cordova Bay Golf Course and the nine-hole pitch and putt Ridge Course. Mattick's Farm, a California style shopping centre, that's located directly adjacent to the Cordova Bay Golf Course and features a variety of shops and cafes and is definitely worth visiting whether you live in the neighbourhood or are just passing through.
Located north of Mount Doug Park and bordered by the ocean on the east and the Pat Bay Highway on the west, Cordova Bay extends to the southern border of the Municipality of Central Saanich.The great part about Cordova Bay is that downtown Victoria is still an easy 15 or 20-minute drive but you still feel "away from it all."
This communication is not intended to cause or induce breach of an existing agency agreement. E&OE: All information contained herein is from sources deemed reliable, and have no reason to doubt its accuracy; however, no guarantee or responsibility is assumed thereof, and it shall not form any part of future contracts. Properties are submitted subject to errors and omissions and all information should be carefully verified. All measurements quoted herein are approximate.
ⓒ William Wright Commercial Real Estate Services 2023
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