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567 Windthrop Rd Colwood, British Columbia V9C 3B6

3 Bedroom 2 Bathroom
Fireplace None Baseboard Heaters Acreage

$5,000,000

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:55599)

Property Details

MLS® Number 946371
Property Type Vacant Land
Neigbourhood Latoria
Features Acreage, Central Location, Private Setting, Irregular Lot Size
Parking Space Total 15
Plan Vip11696
Structure Greenhouse, Shed

Building

Bathroom Total 2
Bedrooms Total 3
Constructed Date 1976
Cooling Type None
Fireplace Present Yes
Fireplace Total 2
Heating Fuel Wood
Heating Type Baseboard Heaters
Size Exterior 1750 Sqft

Land

Acreage Yes
Size Irregular 3.9
Size Total 3.9 Ac
Size Total Text 3.9 Ac
Zoning Type Residential

Rooms

Level Type Dimensions
Second Level Bathroom 3-Piece
Second Level Bedroom 7' x 12'
Second Level Bedroom 12' x 13'
Second Level Bathroom 4-Piece
Second Level Primary Bedroom 12' x 18'
Main Level Kitchen 9' x 11'
Main Level Dining Room 15' x 12'
Main Level Living Room 16' x 26'

https://www.realtor.ca/real-estate/26191805/567-windthrop-rd-colwood-latoria

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