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Cooper Shantz

cooper.shantz@engelvoelkers.com +1(250) 880-0964

$ 5,000,000

Est. payment -/mo

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Active

567 Windthrop Rd Colwood, BC V9C 3B6

3.9 Acres Lot

UPDATED:

11/18/2024 08:56 PM

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 980151

Rental Info Unrestricted

Annual Tax Amount $1,667

Tax Year 2023

Lot Size 3.900 Acres

Acres 3.9

Property Sub-Type Multi Family

Property Description

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. Adjacent to Havenwood Park and 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.

Location

Province BC

County Capital Regional District

Area Colwood

Direction Wishart Rd to Windthrop Rd.

Exterior

Exterior Feature Balcony/Deck, Fenced

Parking On Site 1

Utilities Available Electricity To Lot

Building

Lot Description Acreage, Irregular Lot, Park Setting, Private, Recreation Nearby, Rural Setting, Shopping Nearby

Foundation Poured Concrete

Sewer Septic System

Water Well: Drilled

Structure Type Frame Wood,Insulation All

Others

Pets Allowed Yes

Tax ID 000-786-764

Ownership Freehold

Listed by RE/MAX Camosun

Cooper Shantz

Advisor | License ID: RE606172

+1(250) 880-0964

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