Address
567 Windthrop Rd, Colwood, BC
Price
$ 5,000,000
Property Attributes
  • MLS#946371
  • TypeLand
  • CityColwood
  • AreaColwood
  • NeighbourhoodCo Latoria
  • Postal CodeV9C 3B6
  • StyleLand
  • Year Built1976
  • Taxes$ 1667
  • Price$ 5,000,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1750
  • Lot Size3.9 Acres
Data Source:
Victoria Real Estate Board (VREB)
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. 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.

General Features

Sewer Septic System
Heating Baseboard,Wood
Cooling None
Roof Wood
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs
Property SubType Land
Carport Spaces 3
Property Type Residential
Parking Total 15
Construction Materials Insulation: Ceiling,Insulation: Walls,Stucco
Zoning Type Residential

Interior Features

Interior Features Dining Room
Basement Crawl Space
Flooring Carpet
Fireplace Features Family Room,Wood Stove
Fireplaces Total 2
Total Kitchens 1
Fireplace Yes
Levels In Unit 2
Window Features Window Coverings
Laundry Features In House
Living Area Third 0.00
Living Area Second 600.00
Living Area Other 0.00
Living Area Main Bldg 1750.00
Living Area Main 1150.00
Living Area Lower 0.00
Kitchens Count Main Level 1
Building Area Unfinished 0.00
Bedrooms Or Dens Total 3
Bedrooms Count Second Level 3
Bathrooms Count Second Level 2
Bath 4 Piece Total 1
Bath 3 Piece Total 1
Basement Height Feet 4

Exterior Features

Lot Features Acreage,Central Location,Irregular Lot,Private
Other Structures Greenhouse,Storage Shed
Water Source Well: Drilled
Parking Features Carport Triple,Detached,Driveway
Foundation Poured Concrete
Building Area Total 1750.00
Lot Size Square Feet 169884.00
Lot Size Acres 3.90
Carport YN Yes
Driveway YN Yes

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in V9C 3B6

Price
AVG $5M
$5M
Taxes
AVG $1,667
$1,667
Visits
AVG 852
851
Data Provided by Inside Real Estate®
Year Built
AVG 1976
1976
Walkscore
AVG 26
26
Data Provided by Walkscore® not using MLS data

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