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567 Windthrop Rd Colwood, British Columbia V9C 3B6

3 Bedroom 2 Bathroom
Fireplace None Baseboard Heaters Acreage

$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
Vacant Land
Latoria
Acreage, Central Location, Private Setting, Irregular Lot Size 15 Vip11696 Greenhouse, Shed
Building
2
3
1976
None
Yes
2
Wood
Baseboard Heaters
1750 Sqft
Land
Yes
3.9
3.9 Ac
3.9 Ac
Residential

Rooms

Level Type 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'

Interested?

If you would like to get more informaiton on this listing or to request a showing please complete the form below or call me at 250-448-5008