$2,100,000

Vacant Land For Sale In Colwood, British Columbia

$2,100,000
  • 2

    Bedrooms

  • 1

    Bath

  • 0.53 Acres

    Lot Size

Property Information:

Prime development site in Colwood Corners neighbouring new residential & commercial mixed use development opposite the prestigious Royal Colwood Golf course and positioned on the Transit Growth Corridor. This is the heart of Colwood with recreational facilities, shopping, transit and Esquimalt Lagoon close by. The lot is 23,458sqft zoned R1 however the OCP is designated Colwood Corners permitting a maximum FAR of 4.5. The municipality is focusing the highest density along the Sooke Road, Goldstream and Wale Road corridor with recent approvals in excess of 30+ story buildings. The property offers approximately 195'83 feet frontage along Colwood Crescent and 99'76 feet frontage along Sooke Road with rear road frontage. Older restrictive covenant registered on title restricts development and must be removed to develop. NOTE: 3 to 4 story townhomes will not be supported by the municipality. The seller and his tenant will rent back at market rates.

Property Features:

  • Bedrooms: 2
  • Bathrooms: 1
  • Annual Tax Amount: $3,345
  • Accessibility Features: Accessible Entrance, Ground Level Main Floor, No Step Entrance, Wheelchair Friendly
  • Appliances: Dryer, F/S/W/D, Oven/Range Electric, Range Hood, Refrigerator, Washer
  • Basement: Crawl Space
  • Building Features: Transit Nearby, See Remarks
  • Built in: 1952
  • Construction Materials: Frame Wood, Glass
  • Cooling: None
  • Exterior Features: Balcony/Patio, Fencing: Partial, Garden, Lighting, Low Maintenance Yard
  • Fireplace Features: Wood Burning
  • Floor Space (approx): 2504 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air, Oil
  • Interior Features: Dining Room, Eating Area, Storage
  • Laundry Features: In House
  • Lot Features: Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Near Golf Course, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks
  • Lot Frontage: 23458 Square Feet
  • Lot Size: 0.53 Acres
  • Ownership: Freehold
  • Parking Features: Additional Parking, Attached, Driveway, Garage, Guest, Open, RV Access/Parking
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Contact List Licensee, Resale
  • Property Sub Type: Land
  • Road Frontage Type: Highway
  • Road Surface Type: Paved
  • Roof: Asphalt Shingle
  • Utilities: Cable Available, Compost, Electricity Available, Electricity Connected, Garbage, Natural Gas Available, Phone Available, Recycling
  • Water Source: Municipal, To Lot, Well: Shallow
  • Zoning: R1
  • Zoning Description: Residential
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 20

Rooms:

  • Other Main Level .00 m x .00 m Note: Entrance
  • Bathroom Main Level .00 m x .00 m
  • Living Main Level .00 m x .00 m
  • Other Main Level .00 m x .00 m Note: Eating Area
  • Bedroom Main Level .00 m x .00 m
  • Bedroom Main Level .00 m x .00 m
  • Kitchen Main Level .00 m x .00 m

Courtesy of: Royal LePage Nanaimo Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.