For Sale in the past 3 days
5090,94,98 Cordova Bay Rd
Saanich
V8Y 2K5
$7,500,000
Residential
beds: 0
baths: 0.0
0 sq. ft.
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1028445
- Photos (12)
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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 the 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.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 0 sq. ft.
- Listing General Location:
- SE Cordova Bay, Saanich East
- Bedrooms:
- 0
- Bathrooms:
- 0.0 (Full:-/Half:-)
- Lot Size:
- 0.912 acre(s)
- Kitchens:
- 0
- Taxes:
- Signup
- Construction:
- See Remarks
- Basement:
- None
- Foundation:
- None
- Roof:
- See Remarks
- Ceiling Heights:
- Signup
- Total Building Area:
- 0 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # 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:
- 0
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 0
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 0 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- None
- Water supply:
- Municipal
- Sewer:
- Sewer Available
- Cooling:
- None
- Heating:
- Other
- Fireplace:
- No
- Pending Date:
- Signup
- Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- District of Saanich (SD63)
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 0
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Land Value Only
- Exposure / Faces:
- East
- Layout:
- Other
- Lot Site Features:
- Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Near Golf Course
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Open, None
- Total Parking Spaces:
- 60
- Total Units:
- Signup
- Date Listed:
- Mar 17, 2026
- Original Price:
- 7500000.0
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Listed by Sotheby's International Realty Canada
Data was last updated March 17, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 81
- Avg list price:
- $1,499,000
- Min list price:
- $599,900
- Max list price:
- $5,890,000
- Avg days on market:
- 49
- Min days on market:
- 1
- Max days on market:
- 321
- Avg price per sq.ft.:
- $790.64
These statistics are generated based on the current listing's property type
and located in
SE Cordova Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Jerome Peacock
- Pemberton Holmes Real Estate
- 250-888-0326
- jerome@peacockrealestate.ca
805 Cloverdale Ave #150
Victoria, British Columbia V8X 2S9