Colwood
567 Windthrop Rd
Colwood
V9C 3B6
$5,000,000
Residential
beds: 3
baths: 2.0
1,750 sq. ft.
built: 1976
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 946371
- Bedrooms:
- 3
- Bathrooms:
- 2
- Year Built:
- 1976
- Photos (22)
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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.
- Property Type:
- Residential
- Type:
- Land
- Year built:
- 1976 (Age: 48)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,750 sq. ft.
- Main Building Living Area:
- 1,750 sq. ft.
- Listing General Location:
- Co Latoria, Colwood
- Bedrooms:
- 3
- Bathrooms:
- 2.0 (Full:-/Half:-)
- Lot Size:
- 3.9 acre(s)
- Kitchens:
- 1
- Taxes:
- Signup
- Construction:
- Insulation: Ceiling, Insulation: Walls, Stucco
- New Construction:
- No
- Basement:
- Crawl Space
- Foundation:
- Concrete Perimeter
- Roof:
- Wood
- Levels:
- 2
- Other Structures:
- Greenhouse, Storage Shed
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet
- Total Building Area:
- 1,750 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 3
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 3
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 0
- # Second Level Bathrooms:
- 2
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 0 sq. ft.
- Living Area Main Floor:
- 1,150 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 600 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 2
- Fireplace Details:
- Family Room, Wood Burning Stove
- Laundry Features:
- In House
- Water supply:
- Well: Drilled
- Sewer:
- Septic System
- Cooling:
- None
- Heating:
- Baseboard, Wood
- Fireplace:
- Yes
- Warranty:
- No
- Pending Date:
- Signup
- Dining Room
- Window Coverings
- Wishart Rd to Windthrop
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Jurisdiction name:
- City of Colwood
- Legal Description:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Property Condition:
- Resale
- Exposure / Faces:
- South
- Layout:
- Main Level Entry with Upper Level(s)
- Lot Site Features:
- Acreage, Central Location, Irregular Lot, Private
- Attached Garage:
- No
- Carport Spaces:
- 3
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Carport Triple, Detached, Driveway
- Total Parking Spaces:
- 15
- Common Parking Spaces:
- 0
- Total Units:
- Signup
- Date Listed:
- Oct 19, 2023
- Original Price:
- 5000000.0
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Listed by RE/MAX Camosun
Data was last updated October 9, 2024 at 06:05 AM (UTC)
Area Statistics
- Listings on market:
- 210
- Avg list price:
- $977,000
- Min list price:
- $309,888
- Max list price:
- $5,000,000
- Avg days on market:
- 52
- Min days on market:
- 1
- Max days on market:
- 629
- Avg price per sq.ft.:
- $536.44
These statistics are generated based on the current listing's property type
and located in
Colwood. Average values are
derived using median calculations.
- TERESA HOULE
- PEMBERTON HOLMES
- 1 (250) 5889020
- Contact by Email
Teresa Houle
Pemberton Holmes
Your Trusted Partner in Real Estate. Contact me at 250-588-9020 for all your property needs.
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Contact Me
Office: 250-588-9020
Fax: 250-642-7463
houlerealty@gmail.com
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