1919 Sooke Rd Colwood, British Columbia V9B 1W1
$2,100,000
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:46227)
Property Details
| MLS® Number | 977129 |
| Property Type | Vacant Land |
| Neigbourhood | Colwood Corners |
| Features | Central Location, Level Lot, Private Setting, Southern Exposure, Corner Site, See Remarks, Partially Cleared, Other, Rectangular |
| Parking Space Total | 20 |
Building
| Bathroom Total | 1 |
| Bedrooms Total | 2 |
| Constructed Date | 1952 |
| Cooling Type | None |
| Fireplace Present | Yes |
| Fireplace Total | 1 |
| Heating Fuel | Oil |
| Heating Type | Forced Air |
| Size Exterior | 2504 Sqft |
Land
| Acreage | No |
| Size Irregular | 0.54 |
| Size Total | 0.54 Ac |
| Size Total Text | 0.54 Ac |
| Zoning Description | R1 |
| Zoning Type | Residential |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Main Level | Living Room | Measurements not available | ||
| Main Level | Entrance | Measurements not available | ||
| Main Level | Eating Area | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Kitchen | Measurements not available | ||
| Main Level | Bedroom | Measurements not available | ||
| Main Level | Bathroom | Measurements not available |
https://www.realtor.ca/real-estate/27463410/1919-sooke-rd-colwood-colwood-corners
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September 25 2024 11:31:57
Vancouver Island Real Estate Board
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