Multi Unit Residential Buildings for Sale in Canada
567 Windthrop Rd Colwood, British Columbia V9C 3B6
$5,000,000
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. (id:61635)
Property Details
| MLS® Number | 980151 |
| Property Type | Multi-family |
| Neigbourhood | Latoria |
| Features | Acreage, Park Setting, Private Setting, Irregular Lot Size, Other |
| Plan | Vip11696 |
Building
| Type | Multi-family |
Land
| Acreage | Yes |
| Size Irregular | 3.9 |
| Size Total | 3.9 Ac |
| Size Total Text | 3.9 Ac |
| Zoning Type | Unknown |
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November 05 2024 05:44:17
Victoria Real Estate Board
RE/MAX Camosun