Land located in Colwood - Co Colwood Corners, V9B 1W1
1252 sqft, 2 Beds, 1 Baths
Listed by Sandy ClarkRoyal LePage Nanaimo Realty (NanIsHwyN) - Listed On: September 20, 2024
- Built in: 1952
- Type: Residential
- Interior Features: Dining Room, Eating Area, Storage,
- Exterior Features: Balcony/Patio, Fencing: Partial, Garden, Lighting, Low Maintenance Yard,
- Cooling: None,
- Heating: Forced Air, Oil,
- Fireplaces: 1
- Flooring: Array
- Appliances: Dryer, F/S/W/D, Oven/Range Electric, Range Hood, Refrigerator, Washer,
- Basement: Crawl Space,
- Foundation Details: Concrete Perimeter,
- Lot Size: 0.53 acres
- Total Parking: 20
- Parking Features: Additional Parking, Attached, Driveway, Garage, Guest, Open, RV Access/Parking,
- Features: Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Near Golf Course, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks,
- Zoning: R1
Description
Prime development site in Colwood Corners neighbouring new residential & commercial mixed use development opposite the prestigious Royal Colwood Golf course and positioned on the Transit Growth Corridor. This is the heart of Colwood with recreational facilities, shopping, transit and Esquimalt Lagoon close by. The lot is 23,458sqft 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. NOTE: 3 to 4 story townhomes will not be supported by the municipality. The seller and his tenant will rent back at market rates.