$2,100,000 FOR SALE

Vacant Land

Bedrooms: 2Bathrooms: 1

1919 Sooke Rd
Colwood, BC V9B 1W1 | Colwood Corners

Prime development site in Colwood Corners eighbouring new residential & commercial mixed use development opposite the prestigious Royal Colwood Golf course. This is the heart of Colwood with recreational facilities, shopping, transit and Esquimalt Lagoon close by. The lot is 23,458sqft currently zoned R1 however the OCP is designated Colwood Corners permitting a maximum FAR of 4.5. The municipality is focusing the highest density along the Sooke Road, Goldstream and Wale Road corridor with recent approvals in excess of 30+ story buildings. The property offers approximately 195'83 feet frontage along Colwood Crescent and 99'76 feet frontage along Sooke Road with rear road frontage. Older restrictive covenant registered on title restricts development and must be removed to develop - majority of the 13 home owners have agreed to have the restrictive covenant removed. FUTURE DEVELOPMENT MAY PROVIDE FOR UNOBSTRUCTED OCEAN VIEWS FROM UNITS ABOVE 3 OR 4 STORIES. RARE OPPORTUNITY to secure your future development site in the HEART of Colwood with future potential to secure some of the additional properties in the 13 lot 7+ acre subdivision. NOTE: 3 to 4 story townhomes will likely not be supported by the municipality. The seller and his tenant will rent back at market rates. (id:47423)

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Listed By Royal LePage Nanaimo Realty (NanIsHwyN)
Data Provided By Vancouver Island Real Estate Board
MLS® Listing Number 977129
Last Updated Sep 25, 2024
Property Summary
Property Type Vacant Land

More like this:
Neighbourhood Colwood Corners
Price History
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Detailed Information
Bedrooms 2
Bathrooms 1
Features Central location, Level lot, Private setting, Southern exposure, Corner Site, See remarks, Partially cleared, Other, Rectangular
Listing Contract Date 2024-09-20
Municipal ID 005-932-661
Ownership Type Freehold
# of Parking Spaces 20
Property Type Vacant Land
Transaction Type For sale
Zoning Description R1
Zoning Residential
Building
Constructed Date 1952
Cooling Type None
Fireplace Present Yes
# of Fireplaces 1
Heating Fuel Oil
Heating Type Forced air
Size (Exterior) 2504 square feet
Rooms
Room Level Dimensions Notes
Living roomMain levelMeasurements not available
EntranceMain levelMeasurements not available
Eating areaMain levelMeasurements not available
BedroomMain levelMeasurements not available
KitchenMain levelMeasurements not available
BedroomMain levelMeasurements not available
BathroomMain levelMeasurements not available
Land
Total Size 0.54 acres
Size of Irregular Land 0.54

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