567 Windthrop Rd For Sale

colwood, British Columbia V9C3B6
$ 5,000,000
  • ©MLS 946371
  • Bedrooms 3
  • Bathrooms 2
  • Parkings 15

Description

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. Surrounded by 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:48970) Show More

Details

  • Constructed Date: 1976
  • Property Type: Vacant Land
  • Neighbourhood: Latoria

Features

  • Acreage
  • Central location
  • Private setting
  • Irregular lot size
  • Greenhouse
  • Shed
  • Baseboard heaters

Location



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