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4799 Cordova Bay Rd
SE Cordova Bay Saanich V8Y 2J8

$1,599,000
Residential beds: 4 baths: 2.0 2,330 sq. ft. built: 1964

Main Photo: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
Photo 1: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
Photo 2: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
Photo 3: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
Photo 4: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
Photo 5: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
Photo 6: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
Photo 7: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
Status:
Active
Prop. Type:
Residential
MLS® Num:
993216
Bedrooms:
4
Bathrooms:
2
Year Built:
1964
ATTENTION BUILDERS / DEVELOPERS! An exceptional opportunity awaits in the highly sought-after Cordova Bay neighbourhood! This expansive 26,000+ SF double lot offers incredible subdivision potential and is the perfect canvas for your next project. Currently, a solid 1960s-era home sits on the property, however with recent changes to zoning and density regulations, this property presents a variety of exciting possibilities. You can choose to renovate the existing home, enjoying the spacious private lot, or take advantage of the subdivision potential to create multiple lots for development. The current single lot was created from two smaller lots back in the 1960s, so there is ample opportunity to explore higher-density options. Live in the existing home, rent it out, or subdivide the land for a more substantial project, like multifamily units or single-family homes. This is a lucrative chance to capitalize on the growing demand for density in one of Victoria's most desirable areas.
Property Type:
Residential
Type:
Land
Year built:
1964 (Age: 61)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,330 sq. ft.
Listing General Location:
SE Cordova Bay, Saanich East
Bedrooms:
4
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
0.598 acre(s)
Kitchens:
1
Taxes:
Construction:
Brick & Siding
New Construction:
No
Basement:
Partially Finished, With Windows
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Ceiling Heights:
Floor finish:
Carpet, Hardwood
Total Building Area:
2,734 sq. ft.
Total Unfinished Area:
404 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
1
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
1
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
576 sq. ft.
Living Area Main Floor:
935 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
819 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
2
Fireplace Details:
Living Room, Recreation Room, Wood Burning, Wood Burning Stove
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Additional Accommodations:
Potential
Cooling:
None
Heating:
Electric, Hot Water, Wood
Fireplace:
Yes
Pending Date:
Dryer, Oven/Range Electric, Refrigerator, Washer
Screens
Balcony/Patio, Fenced
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
2nd Floor
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:
1
Number of 4 piece baths:
0
Number of 5 piece baths:
1
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:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Private
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
1
Garage:
Yes
Parking Features:
Attached, Driveway, Garage
Total Parking Spaces:
4
Total Units:
Date Listed:
Mar 26, 2025
Original Price:
1599000.0
  • Photo 1: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
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  • Photo 2: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
    Photo 2 of 7
  • Photo 3: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
    Photo 3 of 7
  • Photo 4: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
    Photo 4 of 7
  • Photo 5: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
    Photo 5 of 7
  • Photo 6: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
    Photo 6 of 7
  • Photo 7: 4799 Cordova Bay Rd in Saanich: SE Cordova Bay Land for sale (Saanich East)  : MLS®# 993216
    Photo 7 of 7
Listed by Newport Realty Ltd.
Data was last updated March 31, 2025 at 12:05 PM (UTC)
Area Statistics
Listings on market:
71
Avg list price:
$1,399,000
Min list price:
$399,999
Max list price:
$4,588,000
Avg days on market:
38
Min days on market:
4
Max days on market:
747
Avg price per sq.ft.:
$687.32
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.
Kelly Grymaloski
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.