5105 & 5109 Cordova Bay Rd, Saanich, BC, V8Y 2K1

$5,500,000

MLS® # 965344

House For Sale In Cordova Bay, Saanich, British Columbia

$5,500,000

Property Information:

A rare oceanfront development opportunity is offered at 5109 and 5105 Cordova Bay Rd, front and centre on one of Victoria’s most desirable beaches. Formerly known as The Beach House Restaurant, this landmark & pinnacle of the community is now available for redevelopment or continued existing use. This much coveted restaurant/special event venue, includes 2 side-by-side properties, one residential and one commercial, with uninterrupted marine vistas across the shallow waters of Cordova Bay towards the San Juan Islands. The substantial structure was fully updated in 2012 and has been well maintained. The commanding views from this location could not be recreated and a buyer could benefit from maximum usage under the new Official Community Plan. Located beside McMorran Park near to Mattick’s Farm and the shops and condos at The Haro plus a short drive to Broadmead Shopping Centre. The discerning buyer is offered an incredible opportunity with intrinsic value.

Property Features:

  • Bedrooms: 0
  • Bathrooms: 8
  • Annual Tax Amount: $102,083
  • Accessibility Features: Accessible Entrance, Ground Level Main Floor, Wheelchair Friendly
  • Basement: Walk-Out Access
  • Building Features: Fire Sprinklers, Handicap Facilities, Transit Nearby
  • Built in: 1922
  • Construction Materials: See Remarks
  • Cooling: Air Conditioning
  • Exterior Features: Balcony, Balcony/Patio, Garden, Low Maintenance Yard, Security System, Wheelchair Access
  • Floor Space (approx): 12397 Square Feet
  • Flooring: Basement Slab, Carpet, Laminate, Wood
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air, Heat Recovery, Natural Gas
  • Interior Features: Bar, Elevator
  • Laundry Features: None
  • Lot Features: Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Hillside, Near Golf Course, Serviced, Shopping Nearby, Walk on Waterfront, See Remarks
  • Lot Frontage: 16732 Square Feet
  • Lot Size: 16732.00 Square Feet
  • Other Equipment: Security System
  • Ownership: Freehold
  • Parking Features: Driveway, On Street, Other
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Road Surface Type: Paved
  • Roof: Metal
  • View: Mountain(s)
  • Water Source: Municipal
  • Waterfront Features: Ocean Front
  • Window Features: Insulated Windows
  • Zoning Description: Residential/Commercial
  • Sewer:
  • No. of Parking Spaces: 10

Courtesy of: Sotheby's International Realty Canada, William Wright Commercial Real Estate Service - Victoria Branch

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.

Additional Photos