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Main Photo: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 1: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 2: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 3: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 4: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 5: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 6: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 7: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 8: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
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Photo 10: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
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Photo 12: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 13: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
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Photo 16: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
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Photo 18: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
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Photo 20: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 21: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
964914
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.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Co Latoria, Colwood
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3.9 acre(s)
Taxes:
$1,667.85 / 2023
Construction:
Frame Wood, Insulation All
Foundation:
Concrete Perimeter
Electricity:
Yes
Commercial Area:
Western Communities
Water supply:
Well: Drilled
Sewer:
Septic System
Fireplace:
No
Balcony/Deck, Fenced
Wishart Rd to Windthrop Rd.
Main Level
0
Yes
No
Unrestricted
Assessed:
299625.0
Assessment year:
2024
Jurisdiction name:
City of Colwood
Legal Description:
LOT 1, PLAN VIP11696, SECTION 61, ESQUIMALT LAND DISTRICT, EXCEPT PLAN 27893 35943 41721
Occupancy:
Owner
Utilities:
Electricity Connected
Lot Site Features:
Acreage, Irregular Lot, Park Setting, Private, Recreation Nearby, Rural Setting, Shopping Nearby
Parking Features:
On Site
Total Units:
1
Date Listed:
May 23, 2024
Original Price:
5000000.0
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  • Photo 12: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Covered Storage
  • Photo 13: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Driveway
  • Photo 14: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Driveway
  • Photo 15: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Zoning Map
  • Photo 16: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    OCP Designation Map
  • Photo 17: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Royal Bay Park
  • Photo 18: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Royal Bay Beach
  • Photo 19: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Latoria Walk Shopping
  • Photo 20: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Royal Bay Secondary School
  • Photo 21: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Olympic View Golf Course
Listed by RE/MAX Camosun
Data was last updated June 18, 2024 at 12:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,720,000
Min list price:
$615,000
Max list price:
$5,000,000
Avg days on market:
102
Min days on market:
20
Max days on market:
633
These statistics are generated based on the current listing's property type and located in Colwood. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.