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567 Windthrop Rd
Co Latoria Colwood V9C 3B6

$5,000,000
Residential beds: 3 baths: 2.0 1,750 sq. ft. built: 1976

Main Photo: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 1: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 2: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 3: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 4: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 5: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 6: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 7: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 8: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 9: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 10: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 11: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 12: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 13: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 14: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 15: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 16: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 17: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 18: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 19: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 20: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 21: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Photo 22: 567 Windthrop Rd in Colwood: Co Latoria Land for sale : MLS®# 946371
Status:
Active
Prop. Type:
Residential
MLS® Num:
946371
Bedrooms:
3
Bathrooms:
2
Year Built:
1976
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.
Property Type:
Residential
Type:
Land
Year built:
1976 (Age: 48)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,750 sq. ft.
Main Building Living Area:
1,750 sq. ft.
Listing General Location:
Co Latoria, Colwood
Bedrooms:
3
Bathrooms:
2.0 (Full:-/Half:-)
Lot Size:
3.9 acre(s)
Kitchens:
1
Taxes:
Construction:
Insulation: Ceiling, Insulation: Walls, Stucco
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Wood
Levels:
2
Other Structures:
Greenhouse, Storage Shed
Ceiling Heights:
Floor finish:
Carpet
Total Building Area:
1,750 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
0
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
2
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,150 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
600 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
2
Fireplace Details:
Family Room, Wood Burning Stove
Laundry Features:
In House
Water supply:
Well: Drilled
Sewer:
Septic System
Cooling:
None
Heating:
Baseboard, Wood
Fireplace:
Yes
Warranty:
No
Pending Date:
Dining Room
Window Coverings
Wishart Rd to Windthrop
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
Floor
Ensuite
Pieces
Other
2nd Floor
2nd Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Colwood
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
South
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Acreage, Central Location, Irregular Lot, Private
Attached Garage:
No
Carport Spaces:
3
Garage Spaces:
0
Garage:
No
Parking Features:
Carport Triple, Detached, Driveway
Total Parking Spaces:
15
Common Parking Spaces:
0
Total Units:
Date Listed:
Oct 19, 2023
Original Price:
5000000.0
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Listed by RE/MAX Camosun
Data was last updated May 22, 2024 at 10:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$1,240,000
Min list price:
$409,900
Max list price:
$5,000,000
Avg days on market:
55
Min days on market:
12
Max days on market:
606
Avg price per sq.ft.:
$534.88
These statistics are generated based on the current listing's property type and located in Co Latoria. Average values are derived using median calculations.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.