567 Windthrop Rd new

Colwood,BC V9C 3B6

$ 5000000

- Bed

- Bath

0 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 980151

Rental Info Unrestricted

Annual Tax Amount $1,667

Tax Year 2023

Lot Size 3.900 Acres

Acres 3.9

Property Description

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. Adjacent to Havenwood Park and 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.

Location

Province BC

County Capital Regional District

Area Co Latoria

Exterior

Exterior Feature Balcony/Deck,Fenced

Parking On Site 1

Utilities Available Electricity To Lot

Building

Lot Description Acreage,Irregular Lot,Park Setting,Private,Recreation Nearby,Rural Setting,Shopping Nearby

Foundation Poured Concrete

Sewer Septic System

Water Well: Drilled

Structure Type Frame Wood,Insulation All

Others

Tax ID 000-786-764

Ownership Freehold

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