Prime Colwood development opportunity on Sooke Road. This large, level 81' x 266' lot offers approximately 21,500+ sq.ft. within the Transit Growth Area of the Colwood OCP. Current R1 zoning, improved with a fully tenanted, detached 5-bedroom house with a 2-bedroom suite on the top level, and large workshop provides holding income during planning. OCP policy supports multi-unit residential and increased density, subject to approvals. A 6-storey residential development has been approved across the street, reinforcing the redevelopment potential of this corridor. Convenient access to transit, Veterans Memorial Parkway, Metchosin Road, Westshore Town Centre, Royal Roads University, and key amenities. This is a compelling acquisition for builders, developers, or long-term land holders looking for a strategic site in one of the West Shore's key growth areas. Buyer to verify development potential with the City of Colwood. (id:13843)
| MLS # | 1036920 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Status | Active |
| Year | 1948 |
| Days On Site | 161 |
| Listing Provided By | Pemberton Holmes Ltd. - Oak Bay | Vanessa Roman |
| Bed(s) | 6 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,664 |
| Garage | 6 |
| Zoning | Residential |
| Acreage | 0.49 |
| Cooling | None |
|---|---|
| Heating | Forced air, Oil, Natural gas, Wood, Other |
| Fireplace Yes / No | Yes |
| Fireplaces Total | 2 |
| Lot Features | Central location, Level lot, Private setting, Southern exposure, Wooded area, Other |
|---|
| Parking Features | Detached Garage, Garage, RV |
|---|---|
| Parking Total | 6 |
| Tax Annual Amount | 4145.54 |
|---|---|
| Tax Lot | A |
| Province | BC |
|---|---|
| City | Colwood |
| Postal Code | V9B1X6 |
| Listing VS Median (in V9B1X6) | |
Price: $1,700,000 low | high Med: $1,199,500 sqft: 2,664 low | high Med: 1,924 $ / sqft: $638 low | high Med: $614 On site: 161 low | high Med: 94.5 | |
| Province | BC |
|---|---|
| City | Colwood |
| Postal Code | V9B1X6 |
| Listing VS Median (in V9B1X6) | |
Price: $1,700,000 low | high Med: $1,199,500 sqft: 2,664 low | high Med: 1,924 $ / sqft: $638 low | high Med: $614 On site: 161 low | high Med: 94.5 | |
![]() | $1,700,000109 650a Allandale RdColwood, BC V9C0T7 |