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5105 & 5109 Cordova Bay Rd
SE Cordova Bay Saanich V8Y 2K1

$5,500,000
Residential beds: 0 baths: 8.0 10,993 sq. ft. built: 1922

Main Photo: 5105 & 5109 Cordova Bay Rd in Saanich: SE Cordova Bay House for sale (Saanich East)  : MLS®# 942778
Photo 1: 5105 & 5109 Cordova Bay Rd in Saanich: SE Cordova Bay House for sale (Saanich East)  : MLS®# 942778
Photo 2: 5105 & 5109 Cordova Bay Rd in Saanich: SE Cordova Bay House for sale (Saanich East)  : MLS®# 942778
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Photo 36: 5105 & 5109 Cordova Bay Rd in Saanich: SE Cordova Bay House for sale (Saanich East)  : MLS®# 942778
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Photo 68: 5105 & 5109 Cordova Bay Rd in Saanich: SE Cordova Bay House for sale (Saanich East)  : MLS®# 942778
Status:
Active
Prop. Type:
Residential
MLS® Num:
942778
Bathrooms:
8
Year Built:
1922
An incredible oceanfront opportunity is offered at 5109 and 5105 Cordova Bay Rd, front & centre on one of Victoria’s most desirable beaches. Formerly known as The Beach House Restaurant, this landmark and pinnacle of the community is now closed as the owner has retired. Much coveted as both a restaurant and special event venue, it includes 2 side-by-side properties, one residential and one commercial, with uninterrupted marine vistas across the shallow waters of Cordova Bay towards San Juan Islands. The current structure was fully updated in 2012 and includes 2 intact commercial kitchens. The commanding views from the current structure could not be recreated but could benefit from maximum usage under the new Official Community Plan. Located beside McMorran Park near to the services at Mattick’s Farm & the newly completed shops at The Haro plus a short drive to Broadmead Shopping Centre. The discerning buyer is offered an uncompromising lifestyle opportunity.
Property Type:
Residential
Type:
Single Family Detached
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:
16,732.116 sq. ft.
Kitchens:
2
Taxes:
Building Features:
Fire Sprinklers, Handicap Facilities, Transit Nearby
Construction:
See Remarks
New Construction:
No
Basement:
Walk-Out Access
Foundation:
Concrete Perimeter
Roof:
Metal
Ceiling Heights:
Floor finish:
Basement Slab, Carpet, Laminate
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:
5,192 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:
None
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Forced Air, Heat Recovery, Natural Gas
Fireplace:
No
Warranty:
No
Pending Date:
Bar
Insulated Windows
Balcony, Balcony/Patio, Garden, Low Maintenance Yard, Security System, Wheelchair Access
Mountain(s), Ocean
Ocean Front
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Lower Level
Lower Level
Lower Level
Lower Level
Other
Other
Other
Other
Other
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:
Accessibility:
Ground Level Main Floor
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
Other Equipment:
Security System
Property Condition:
Resale
Exposure / Faces:
West
Layout:
Other
Lot Site Features:
Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood, Hillside, Near Golf Course, Serviced, Shopping Nearby, Walk on Waterfront, See Remarks
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Driveway, On Street, Other
Total Parking Spaces:
10
Road Surface Type:
Paved
Total Units:
Date Listed:
Sep 12, 2023
Original Price:
5500000.0
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Listed by Sotheby's International Realty Canada and William Wright Commercial Real Estate Service - Victoria Branch
Data was last updated April 24, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$1,665,000
Min list price:
$699,000
Max list price:
$13,500,000
Avg days on market:
42
Min days on market:
5
Max days on market:
406
Avg price per sq.ft.:
$708.98
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.
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.