Colwood 2 Bedroom Condo Listings Condo Listings For Sale
589 Ledsham Rd
Colwood
V9C 1J9
$1,450,000
Residential
beds: 3
baths: 1.0
1,212 sq. ft.
built: 1955
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1050634
- Bedrooms:
- 3
- Bathrooms:
- 1
- Year Built:
- 1955
- Photos (10)
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589 Ledsham Road offers builders, investors and commercial owner-users an opportunity to acquire a level development site in Colwood's growing West Shore market. The 16,553 sq. ft. property provides approximately 72.5 ft. of frontage and is located just off the Sooke Road commercial corridor. Community Commercial (C2) zoning permits a broad range of uses, including retail, restaurants, offices, personal services, daycare and fitness facilities. Current zoning allows a maximum 1.0 FAR, representing approximately 16,553 sq. ft. of buildable floor area, with up to 50% lot coverage and a maximum height of three storeys. The property is improved with an approximately 2000 sq. ft. single-family home generating holding income on a month on a month-to-month tenancy, while providing ample storage and parking for commercial activities. A 2021 Phase I ESA did not recommend further Phase II investigation. Development potential is subject to municipal approval and purchaser due diligence.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1955 (Age: 71)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 1,212 sq. ft.
- Listing General Location:
- Co Hatley Park, Colwood
- Bedrooms:
- 3
- Bathrooms:
- 1.0 (Full:-/Half:-)
- Lot Size:
- 16,553 sq. ft.
- Kitchens:
- 1
- Taxes:
- Signup
- Construction:
- Frame Wood
- New Construction:
- No
- Basement:
- Full, Partially Finished
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Ceiling Heights:
- Signup
- Total Building Area:
- 1,972 sq. ft.
- Total Unfinished Area:
- 760 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 3
- # Main Level Bedrooms:
- 3
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 0
- # 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:
- 934 sq. ft.
- Living Area Main Floor:
- 1,038 sq. ft.
- Living Area Other Floor:
- 582 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Septic System
- Cooling:
- Air Conditioning
- Heating:
- Electric
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- 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:
- East
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Additional Parking, Driveway, On Street, Open
- Total Parking Spaces:
- 20
- Total Units:
- Signup
- Date Listed:
- Sep 25, 2026
- Original Price:
- 1450000.0
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Listed by Pemberton Holmes Ltd. and Pemberton Holmes - Westshore
Data was last updated September 26, 2026 at 06:05 PM (UTC)
Area Statistics
- Listings on market:
- 17
- Avg list price:
- $829,900
- Min list price:
- $485,000
- Max list price:
- $1,700,000
- Avg days on market:
- 43
- Min days on market:
- 1
- Max days on market:
- 209
- Avg price per sq.ft.:
- $467.83
These statistics are generated based on the current listing's property type
and located in
Co Hatley Park. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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- 1-778-401-9545
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