About 592 Heatherly Rd
DEVELOPMENT OPPORTUNITY! This property situated in a walkable community near shopping, banking, amenities, schools and public transportation offers the opportunity for redevelopment/rezoning to higher density to accommodate townhomes or mixed use development up to 4 stories with an FAR of 1.75 equating to a permitted development of approximately 11,970sqft subject to application and approval from the municipality. Tenant on a month to month basis paying $1800 per month would like to stay. The Official Community Plan provides for "Neighbourhood Centre" permitting the following uses - Multi-unit residential, mixed-use, Commercial, Institutional, Live/work, home occupation and customer service oriented industrial uses. Buyers must complete their due diligence with Colwood municipality to ensure they may utilise the property for their intended use. Great opportunity to buy and hold as higher density gets approved throughout Colwood.
Features of 592 Heatherly Rd
| MLS® # | 979004 |
|---|---|
| Price | $899,000 |
| Bedrooms | 2 |
| Bathrooms | 1.00 |
| Square Footage | 840 |
| Acres | 0.16 |
| Year Built | 1972 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Status | Active |
Community Information
| Address | 592 Heatherly Rd |
|---|---|
| Area | Co Royal Roads |
| City | Colwood |
| County | Capital Regional District |
| Province | BC |
| Postal Code | V9C 1K1 |
Amenities
| Utilities | Cable Available, Compost, Electricity Available, Garbage, Natural Gas Available, Phone Available, Recycling |
|---|---|
| Parking Spaces | 5 |
| Parking | Carport, Driveway, Guest, RV Access/Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Dining/Living Combo, Eating Area |
|---|---|
| Appliances | F/S/W/D, Refrigerator |
| Heating | Baseboard, Electric |
| Cooling | None |
| Fireplace | No |
Exterior
| Exterior Features | Balcony/Deck, Fencing: Partial |
|---|---|
| Windows | Window Coverings |
| Roof | Asphalt Torch On |
| Construction | Frame Wood, Vinyl Siding |
| Foundation | Other |
Additional Information
| Date Listed | November 22nd, 2024 |
|---|---|
| Days on Market | 116 |
| Zoning | R1 Residential |
Listing Details
| Office | Royal LePage Nanaimo Realty (NanIsHwyN) |
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