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:57076)
Property Details
| MLS® Number | 946371 |
| Property Type | Vacant Land |
| Neigbourhood | Latoria |
| Features | Acreage, Central Location, Private Setting, Irregular Lot Size |
| ParkingSpaceTotal | 15 |
| Plan | Vip11696 |
| Structure | Greenhouse, Shed |
Building
| BathroomTotal | 2 |
| BedroomsTotal | 3 |
| ConstructedDate | 1976 |
| CoolingType | None |
| FireplacePresent | Yes |
| FireplaceTotal | 2 |
| HeatingFuel | Wood |
| HeatingType | Baseboard Heaters |
| SizeExterior | 1750 Sqft |
Land
| Acreage | Yes |
| SizeIrregular | 3.9 |
| SizeTotal | 3.9 Ac |
| SizeTotalText | 3.9 Ac |
| ZoningType | 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
Interested?
Contact us for more information
Matt Peulen
4440 Chatterton Way
Victoria, British Columbia V8X 5J2
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February 14 2024 12:34:06
Victoria Real Estate Board
RE/MAX Camosun