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 |
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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 |
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Subdivision | Latoria |
City | Colwood |
Province | British Columbia |
Postal Code | V9C3B6 |
Amenities
Features | Acreage, Central location, Private setting, Irregular lot size |
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Parking Spaces | 15 |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Wood Baseboard heaters |
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Cooling | None |
Fireplace | Yes |
# of Fireplaces | 2 |
Has Basement | No |
Additional Information
Zoning | Residential |
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