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  • 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914

    567 Windthrop Rd Co Latoria Colwood V9C 3B6
    Main Photo: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    $5,000,000
    Commercial Sale
    Status:
    Active
    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. More details
    Listed by RE/MAX Camosun
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Data was last updated July 21, 2024 at 04:05 PM (UTC)
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.