Colwood All Real Estate and Homes for Sale $500K-$600K
Lot1-legal Sooke Rd
Co Colwood Corners
Colwood
V9B 1W1
$2,200,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1012424
- Photos (17)
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PRIME DEVELOPMENT SITE IN COLWOOD CORNERS neighbouring new residential & commercial mixed use development opposite the prestigious Royal Colwood Golf course. ALL restrictive covenants have been REMOVED and the site is now ready for your development proposal. This is the heart of Colwood with recreational facilities, shopping, transit, sports fields and Esquimalt Lagoon close by. The lot is 23,458sqft currently zoned R1 however the OCP is designated COLWOOD CORNERS & TRANSIT ORIENTED CORRIDOR permitting higher density 4.5 FAR. 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 along Colwood Crescent. BUYERS MUST DO THEIR OWN DUE DILIGENCE RE DEVELOPMENT BEFORE SUBMITTING AN OFFER. The seller and tenant will rent back at market rates
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- Co Colwood Corners, Colwood
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 0.539 acre(s)0.22 hectare(s)
- Taxes:
- Signup
- Building Features:
- High Traffic Area, Parking, Shopping Nearby, Transit Nearby, Visual Exposure
- Construction:
- Frame Wood, Stucco, Stucco & Siding
- Foundation:
- Concrete Perimeter, Slab
- Electricity:
- Yes
- Ceiling Heights:
- Signup
- Floor finish:
- Carpet, Hardwood, Linoleum, Tile
- Total Building Area:
- 1,250 sq. ft.116 m2
- Commercial Area:
- Signup
- Water supply:
- Municipal, To Lot, Well: Shallow
- Sewer:
- Sewer Connected, Sewer To Lot
- Cooling:
- None
- Heating:
- Forced Air, Oil
- Fireplace:
- No
- Pending Date:
- Signup
- Fixtures, Parking, Real Estate
- Fencing: Partial, Low Maintenance Yard, Sign: Allowed, Storefront
- Corner of Sooke Road and Jerome Cres and Colwood crescent
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
- Signup
- Net Operating Income:
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- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Utilities:
- Cable Available, Compost, Electricity Connected, Garbage, Natural Gas Available, Phone Available, Recycling
- Lot Site Features:
- Adult-Oriented Neighbourhood, Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, See Remarks
- Parking Features:
- On Site
- Total Parking Spaces:
- 20
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Aug 30, 2025
- Original Price:
- 2200000.0
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Current Zoning map R1 - OCP is Colwood Corners Transit Growth Oriented Corridor
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Neighbouring development Colwood Corners
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Larger map options:
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated September 6, 2025 at 02:05 AM (UTC)
Area Statistics
- Listings on market:
- 13
- Avg list price:
- $2,200,000
- Min list price:
- $650,000
- Max list price:
- $7,900,000
- Avg days on market:
- 175
- Min days on market:
- 6
- Max days on market:
- 365
These statistics are generated based on the current listing's property type
and located in
Colwood. Average values are
derived using median calculations. This data is not produced by the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.
Shirin Purewal is a real estate agent located in Vancouver, Canada. She will help you throughout the process to find the house or the condo of your dreams.
For all the people who want to live in Colwood All Real Estate and Homes for Sale $500K-$600K, this is the page where you will be able to find the necessary options. Especially in today's environment of local government intervention in the home market, there are many potential pitfalls to avoid during the home buying process and many complex legal and tax issues to avoid.
Working with knowledgeable and experienced realtors is essential, the advice and guidance they provide is invaluable, so start now with us.
