567 Windthrop Rd Colwood, British Columbia V9C 3B6
$5,000,000
DEVELOPMENT OPPORTUNITY: Discover 3.90 acres of prime development land. The property finds itself within the Neighbourhood Hillside & Shoreline Land Use Designation, a strategic zoning that paves the way for increased density and Low-Rise buildings, up to 6 storeys. The Floor Space Ratio (FSR) is set at an advantageous 1.2:1, inviting imaginative possibilities for development. The property presents a promising opportunity for developers. Surrounded by multi-family zoned properties, it stands as a prime example of the region's potential for higher density development, growth, and prosperity. The options for redevelopment are vast, making it an attractive investment in a thriving community. This expansive parcel currently includes a 3-bedroom home, a workshop, and various outbuildings for potential rental revenue. (id:57458)
Property Details
| MLS® Number | 946371 |
| Property Type | Vacant Land |
| Neigbourhood | Latoria |
| Features | Acreage, Central Location, Private Setting, Irregular Lot Size |
| Parking Space Total | 15 |
| Plan | Vip11696 |
| Structure | Greenhouse, Shed |
Building
| Bathroom Total | 2 |
| Bedrooms Total | 3 |
| Constructed Date | 1976 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 2 |
| Heating Fuel | Wood |
| Heating Type | Baseboard Heaters |
| Size Exterior | 1750 Sqft |
Land
| Acreage | Yes |
| Size Irregular | 3.9 |
| Size Total | 3.9 Ac |
| Size Total Text | 3.9 Ac |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Bathroom | 3-Piece | ||
| Second Level | Bedroom | 7' x 12' | ||
| Second Level | Bedroom | 12' x 13' | ||
| Second Level | Bathroom | 4-Piece | ||
| Second Level | Primary Bedroom | 12' x 18' | ||
| Main Level | Kitchen | 9' x 11' | ||
| Main Level | Dining Room | 15' x 12' | ||
| Main Level | Living Room | 16' x 26' |
https://www.realtor.ca/real-estate/26191805/567-windthrop-rd-colwood-latoria
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April 29 2024 05:36:59
Victoria Real Estate Board
RE/MAX Camosun