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5090 Cordova Bay Rd
SE Cordova Bay Saanich V8Y 2K5

$13,500,000
Residential beds: 0 baths: 8.0 10,993 sq. ft. built: 1922

Main Photo: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 1: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 2: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 3: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 4: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 5: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 6: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 7: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
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Photo 21: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 22: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 23: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 24: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 25: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 26: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
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Photo 30: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 31: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
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Photo 36: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 37: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 38: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 39: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
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Photo 41: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 42: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 43: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 44: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 45: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 46: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 47: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 48: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 49: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 50: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 51: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 52: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 53: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 54: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
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Photo 56: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 57: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 58: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 59: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 60: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 61: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 62: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 63: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 64: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 65: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
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Photo 67: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
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Photo 70: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 71: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
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Photo 73: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
Photo 74: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
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Status:
Active
Prop. Type:
Residential
MLS® Num:
942890
Bathrooms:
8
Year Built:
1922
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 (MLS 965344) - 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 future development potential with 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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1922 (Age: 102)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
10,993 sq. ft.
Listing General Location:
SE Cordova Bay, Saanich East
Bedrooms:
0
Bathrooms:
8.0 (Full:-/Half:-)
Lot Size:
1.296 acre(s)
Kitchens:
2
Taxes:
Construction:
See Remarks
New Construction:
No
Basement:
Walk-Out Access
Foundation:
Concrete Perimeter
Roof:
Metal
Ceiling Heights:
Total Building Area:
12,397 sq. ft.
Total Unfinished Area:
1,404 sq. ft.
Commercial Area:
# 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:
3
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
5
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
1
# Other Level Kitchens:
0
Living Area Lower Floor:
5,424 sq. ft.
Living Area Main Floor:
5,198 sq. ft.
Living Area Other Floor:
377 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Forced Air, Heat Recovery, Natural Gas
Fireplace:
No
Pending Date:
Bar
Mountain(s), Ocean, Other
Ocean Front
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Saanich (SD63)
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
4
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
4
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
West
Layout:
Other
Lot Site Features:
Central Location, Near Golf Course, Park Setting, Recreation Nearby, Shopping Nearby, Walk on Waterfront
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, On Street
Total Parking Spaces:
10
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 12, 2023
Original Price:
1.35E7
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  • Photo 76: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
    Photo 76 of 77
  • Photo 77: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Single Family Residence for sale (Saanich East)  : MLS®# 942890
    Photo 77 of 77
Listed by Sotheby's International Realty Canada and William Wright Commercial Real Estate Service - Victoria Branch
Data was last updated July 18, 2024 at 02:05 PM (UTC)
Area Statistics
Listings on market:
72
Avg list price:
$1,750,000
Min list price:
$699,999
Max list price:
$13,500,000
Avg days on market:
56
Min days on market:
2
Max days on market:
491
Avg price per sq.ft.:
$693.44
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.
JEFF MEYER
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.