5090,94,98 Cordova Bay Rd - Main photo, Saanich, British Columbia

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$7,500,000

5090,94,98 Cordova Bay Rd — Saanich, British Columbia

V8Y2K5

0Beds

60Parking

1Lot Sq Ft

About This Property

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 core 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:63357)

Property Location

Property Details

Property Type: Detached
Bedrooms: 0
Bathrooms: 0
Status: Active

Location & Neighborhood

What's nearby 5090,94,98 Cordova Bay Rd

Local Amenities

Pharmacy

IDA0.4 km
IDA0.4 km

POI data updated 3/18/2026

Saanich Market Snapshot

515

Active Listings

$1099K

Median Price

Avg Days on Market

Last updated: Mar 18, 2026

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Sotheby's International Realty Canada

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