Prime Colwood development opportunity on Sooke Road. This large, level 81’ x 266’ lot offers approximately 21,500+ sq.ft. within the Transit Growth Area of the Colwood OCP. Current R1 zoning, improved with a fully tenanted, detached 5-bedroom house with a 2-bedroom suite on the top level, and large workshop provides holding income during planning. OCP policy supports multi-unit residential and increased density, subject to approvals. A 6-storey residential development has been approved across the street, reinforcing the redevelopment potential of this corridor. Convenient access to transit, Veterans Memorial Parkway, Metchosin Road, Westshore Town Centre, Royal Roads University, and key amenities. This is a compelling acquisition for builders, developers, or long-term land holders looking for a strategic site in one of the West Shore’s key growth areas. Buyer to verify development potential with the City of Colwood.
87 days
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Zillow last checked:
Listing updated:
Listed by:
Vanessa Roman Personal Real Estate Corporation,
Pemberton Holmes Ltd. - Oak Bay,
Tracy Menzies Personal Real Estate Corporation,
Pemberton Holmes Ltd. - Oak Bay
Source: VIVA,MLS®#: 1036920
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 6
Bathrooms: 2
Main level bathrooms: 1
Main level bedrooms: 3
Kitchen
Level: Main,Second
Heating
Forced Air, Natural Gas, Oil, Wood, Mixed
Cooling
None
Appliances
Laundry: Common Area, Inside
Features
Flooring: Mixed
Basement: Full,Partially Finished,Walk-Out Access,With Windows