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  • Price$5,000,000
  • Acres3.90

567 Windthrop Rd, Colwood

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. (id:6289)

Essential Information

  • Listing #980151
  • Price$5,000,000
  • Bathrooms0.00
  • Acres3.90
  • TypeMulti-family
  • Sub-TypeMulti-Family

Amenities

  • FeaturesAcreage, Park setting, Private setting, Irregular lot size, Other

Listing Details

  • Listing OfficeRE/MAX Camosun

Community Information

  • Address567 Windthrop Rd
  • SubdivisionLatoria
  • CityColwood
  • ProvinceBritish Columbia
  • Postal CodeV9C3B6

Additional Information

  • ZoningUnknown
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