1919 Sooke Rd Active Save Request In-Person Tour Request Virtual Tour
Colwood,BC V9B1W1
Key Details
Property Type Vacant Land
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Colwood Corners
MLS Listing ID 977129
Bedrooms 2
Year Built 1952
Lot Size 0.540 Acres
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:24570)
Location
Province BC
Zoning Residential
Interior
Heating Forced air,
Cooling None
Fireplaces Number 1
Exterior
Garage No
Waterfront No
View Y/N No