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3460 Veterans Memorial Pkwy, Colwood, BC, V9B 0H4

MLS® # 981219
Investment For Sale In Colwood, British Columbia
$8,900,000
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
3460 Veterans Memorial Pkwy, Colwood, BC - Outdoor With View
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Get a home insurance quote online for this $8,900,000 property in Colwood
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Home Insurance - TD Insurance

Get a home insurance quote online for this $8,900,000 property in Colwood

Provided by TD Insurance
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3460 Veterans Memorial Pkwy, Colwood, BC, V9B 0H4
$8,900,000

Property Information:

Rezoned multifamily site (rental or condo) in Colwood permitting 180 units. The DP has expired, however, the Seller will provide the Buyer the time and cooperation to reinstate a new DP for plans suitable to the Buyer and the City of Colwood. Property is adjacent to Havenwood Park; a majestic 40-acre forest with a network of hiking trails. An additional 3.71-acres of forest/wetlands to the west of the Property will be donated by the owner to the City of Colwood to expand the park which forms part of the community amenity contribution. Seller has paid for and completed the upgrade of the storm water line and hydro line along Veterans Memorial Parkway to the Property.

Property Features:

  • Annual Tax Amount: $47,968
  • Lot Frontage: 121532 Square Feet
  • Lot Size: 2.79 Acres
  • Ownership: Freehold
  • Property Sub Type: Multi Family
  • Zoning: CD-22

Courtesy of: Colliers

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.

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Location of 3460 Veterans Memorial Pkwy, Colwood, BC, V9B 0H4

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

Projected Precipitation Risk: High

13 storms expected in 2050

Projected Heat Risk: Moderate-Low

23 hot days expected in 2050

24/100

Moderate-Low

ClimateCheck®

Current data

This property, 3460 Veterans Memorial Pkwy , experiences 7 hot days per year at around 26.9 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 23 hot days at 29.9 degrees Celsius.

Projected Avg. Temperature

Past
26.9℃
2050
29.9℃

# Hot Days Per Year

Past
7
2050
23

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

13 storms expected in 2050

87/100

High

ClimateCheck®

Current data

This property, 3460 Veterans Memorial Pkwy , experiences 12 significant 2-day storms per year, with about 511.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 588.6mm of precipitation per year.

Precipitation Per Storm

Past
511.6mm
2050
588.6mm

48-Hour Storms Per Year

Past
12
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 3460 Veterans Memorial Pkwy, Colwood, BC, V9B 0H4

Life Stage

Middle-Aged with Teens

Employment Type

Mixed

Average Household Income

$144,357.02

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

11.11 %

High school certificate or equivalent

35.54 %

Apprenticeship trade certificate/diploma

10.27 %

College/non-university certificate

21.74 %

University certificate (below bachelor)

0.67 %

University Degree

20.66 %

Commuter

Travel To Work

By Car

84.9 %

By Public Transit

6.11 %

By Walking

4.19 %

By Bicycle

0.0 %

By Other Methods

4.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

15.7 %

Houses

84.3 %

Own Vs. Rent

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