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5090 Cordova Bay Rd
SE Cordova Bay Saanich V8Y 2K5

$7,500,000
Residential beds: 0 baths: 0.0

Main Photo: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 1: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 2: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 3: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 4: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 5: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 6: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 7: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 8: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 9: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 10: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 11: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 12: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 13: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 14: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 15: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Photo 16: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
Status:
Active
Prop. Type:
Residential
MLS® Num:
1013682
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 epicentre 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.
Property Type:
Residential
Type:
Land
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
SE Cordova Bay, Saanich East
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
0.912 acre(s)
Kitchens:
0
Taxes:
Ceiling Heights:
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:
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
Water supply:
Municipal
Sewer:
Sewer Available
Fireplace:
No
Pending Date:
Ocean
Main Level
0
Yes
No
Unrestricted
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:
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
Lot Site Features:
Central Location, Cleared, Easy Access, Near Golf Course
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Total Parking Spaces:
60
Total Units:
Date Listed:
Sep 11, 2025
Original Price:
7500000.0
  • Photo 1: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
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  • Photo 2: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
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  • Photo 4: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
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  • Photo 7: 5090 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 1013682
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Listed by Sotheby's International Realty Canada
Data was last updated October 1, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
85
Avg list price:
$1,798,000
Min list price:
$780,000
Max list price:
$7,500,000
Avg days on market:
57
Min days on market:
1
Max days on market:
931
Avg price per sq.ft.:
$747.13
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.

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