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1919 Sooke Rd, Colwood
2024-09-25
Quick Summary
- Location
- 1919 Sooke Rd, Colwood, British Columbia V9B1W1
- Price
- $2,100,000
- Status:
- For Sale
- Property Type:
- Vacant Land
- Bedrooms:
- 2
- Bathrooms:
- 1
- Year of Construction:
- 1952
MLS®#977129
Property Description
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:32467)
Property Features
Building
- Cooling Type: None
- Fireplace: Yes
Features
- Feature: Central location, Level lot, Private setting, Southern exposure, Corner Site, See remarks, Partially cleared, Other, Rectangular
Land
- Land Size: 0.54 ac
Ownership
- Type: Freehold
Zoning
- Description: R1
Information entered by Royal LePage Nanaimo Realty (NanIsHwyN)
Listing information last updated on: 2024-09-25 11:31:57
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