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567 Windthrop Rd
Colwood British Columbia V9C3B6 Canada

$5,000,000

Active Listing ID 946371
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3 bed
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2.00 Bath
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Vacant Land

$5,000,000

Active Listing ID 946371
Save

567 Windthrop Rd 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:203)

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Property Features

  • Facts
  • Property Sub-type: Vacant Land
  • Features
  • Cooling System: None
  • Heating Systems: Baseboard heaters, Wood
  • Additional Features
  • Basement
  • Fireplace
Listing Changed: 3/14/2024 2:07:39 PM GMT
Source Updated Date: 4/24/2024 5:30:12 AM GMT

Courtesy of: MattPeulen, Salesperson, RE/MAX Camosun

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