567 Windthrop Rd, Colwood, BC

$5,000,000

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3.90

Acres

About 567 Windthrop Rd

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.

Features of 567 Windthrop Rd

MLS® # 980151
Price $5,000,000
Acres 3.90
Type Commercial Sale
Sub-Type Multi Family
Status Active

Community Information

Address 567 Windthrop Rd
Area Co Latoria
City Colwood
County Capital Regional District
Province BC
Postal Code V9C 3B6

Amenities

Utilities Electricity To Lot
Is Waterfront No
Has Pool No

Interior

Fireplace No

Exterior

Exterior Features Balcony/Deck, Fenced
Construction Frame Wood, Insulation All
Foundation Poured Concrete

Additional Information

Date Listed November 4th, 2024
Days on Market 134

Listing Details

OfficeRE/MAX Camosun

Listing Map

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