567 Windthrop Rd, Colwood, British Columbia

$5,000,000

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3

Beds

2

Baths

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. 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. (id:36535)

Features of 567 Windthrop Rd

Listing # 946371
Price $5,000,000
Bedrooms 3
Bathrooms 2.00
Acres 3.90
Year Built 1976
Type Vacant Land
Sub-Type Freehold

Community Information

Address 567 Windthrop Rd
Subdivision Latoria
City Colwood
Province British Columbia
Postal Code V9C3B6

Amenities

Features Acreage, Central location, Private setting, Irregular lot size
Parking Spaces 15
Is Waterfront No
Has Pool No

Interior

Heating Wood Baseboard heaters
Cooling None
Fireplace Yes
# of Fireplaces 2
Has Basement No

Additional Information

Zoning Residential

Listing Details

OfficeCourtesy Of Matt Peulen Of RE/MAX Camosun

Listing Map