5090 Cordova Bay Rd, Saanich, BC
$ 13,500,000
Property Attributes
  • MLS#942890
  • TypeSingle Family
  • CitySaanich
  • AreaSaanich East
  • NeighbourhoodSE Cordova Bay
  • Postal CodeV8Y 2K5
  • StyleSingle Family Detached
  • Year Built1922
  • Taxes$ 128580
  • Price$ 13,500,000
  • Bedrooms0
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage10993
  • Lot Size1.3 Acres
Data Source:
Victoria Real Estate Board (VREB)
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 & 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.

General Features

Bathrooms Count Main Level 3
Construction Materials See Remarks
Cooling Air Conditioning
Heating Forced Air, Heat Recovery, Natural Gas
Parking Total 10
Pets Allowed Aquariums, Birds, Caged Mammals, Cats, Dogs
Property SubType Single Family Detached
Property Type Residential
Roof Metal
Sewer Sewer Connected
View Mountain(s), Ocean, Other
Zoning Type Residential/Commercial

Interior Features

Basement Walk-Out Access
Basement Height Feet 8
Basement Height Inches 6
Basement Y/N Yes
Bath 2 Piece Total 4
Bath 5 Piece Total 4
Bathrooms Count Lower Level 5
Building Area Unfinished 1404.00
Interior Features Bar
Kitchens Count Lower Level 1
Kitchens Count Main Level 1
Laundry Features In House
Living Area Lower 5424.00
Living Area Main 5198.00
Living Area Other 377.00
Living Area Second 0.00
Living Area Third 0.00
Total Kitchens 2

Exterior Features

Living Area 10993.00
Building Area Total 12397.00
Driveway Yn Yes
Foundation Poured Concrete
Lot Features Central Location, Near Golf Course, Park Setting, Recreation Nearby, Shopping Nearby, Walk on Waterfront
Lot Size Acres 1.30
Lot Size Square Feet 56470.00
Parking Features Driveway, On Street
View Yn Yes
Water Source Municipal
WaterFront Features Ocean
Waterfront Yes


  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in V8Y 2K5

AVG $13.5M
AVG 301
Data Provided by Inside Real Estate®
Year Built
AVG 1922
AVG 46
Data Provided by Walkscore® not using MLS data