DEVELOPMENT OPPORTUNITY! This property situated in a walkable community near shopping, banking, amenities, schools and public transportation offers the opportunity for redevelopment/rezoning to higher density to accommodate townhomes or mixed use development up to 4 stories with an FAR of 1.75 equating to a permitted development of approximately 11,970sqft subject to application and approval from the municipality. The Official Community Plan provides for ''Neighbourhood Centre'' permitting the following uses - Multi-unit residential, mixed-use, Commercial, Institutional, Live/work, home occupation and customer service oriented industrial uses. Buyers must complete their due diligence with Colwood municipality to ensure the buyers may utilise the property for their intended use. The 2 bedroom mobile home on the property provides $1800 per month revenue while you plan your development. (id:32872)
MLS® Number | 979004 |
Property Type | Single Family |
Neigbourhood | Royal Roads |
Features | Central Location, Curb & Gutter, Level Lot, Other, Rectangular, Marine Oriented |
ParkingSpaceTotal | 5 |
Plan | 12375 |
Structure | Workshop |
BathroomTotal | 1 |
BedroomsTotal | 2 |
ConstructedDate | 1972 |
CoolingType | None |
HeatingFuel | Electric |
HeatingType | Baseboard Heaters |
SizeInterior | 840 Sqft |
TotalFinishedArea | 840 Sqft |
Type | House |
AccessType | Road Access |
Acreage | No |
SizeIrregular | 6840 |
SizeTotal | 6840 Sqft |
SizeTotalText | 6840 Sqft |
ZoningDescription | R1 Residential |
ZoningType | Residential/commercial |
Level | Type | Length | Width | Dimensions |
---|---|---|---|---|
Main Level | Dining Room | 6 ft | 8 ft | 6 ft x 8 ft |
Main Level | Laundry Room | 6 ft | 6 ft | 6 ft x 6 ft |
Main Level | Bedroom | 6 ft | 8 ft | 6 ft x 8 ft |
Main Level | Living Room | 10 ft | 12 ft | 10 ft x 12 ft |
Main Level | Bathroom | 4-Piece | ||
Main Level | Bedroom | 10 ft | 10 ft | 10 ft x 10 ft |
Main Level | Kitchen | 6 ft | 8 ft | 6 ft x 8 ft |
Main Level | Living Room | 10 ft | 12 ft | 10 ft x 12 ft |
https://www.realtor.ca/real-estate/27678439/592-heatherly-rd-colwood-royal-roads
Contact us for more information
Sandy Clark
Personal Real Estate Corporation