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1919 Sooke Rd Colwood, British Columbia V9B 1W1

2 Bedroom 1 Bathroom
Fireplace None Forced Air

$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:32872)

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 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

Interested?

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Sandy Clark
Personal Real Estate Corporation

(250) 668-9878
www.vancouverislandinvestments.com/
Royal LePage Nanaimo Realty (Nanishwyn)
4200 Island Highway North
Nanaimo, British Columbia V9T 1W6

(250) 758-7653
(250) 758-8477
royallepagenanaimo.ca/

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September 25 2024 11:31:57

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