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Main Photo: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 1: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 2: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 3: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 4: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 5: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 6: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 7: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 8: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 9: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 10: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 11: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 12: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 13: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 14: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 15: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 16: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 17: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 18: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 19: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 20: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Photo 21: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
964914
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. Adjacent to Havenwood Park and 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:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale Price
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
Co Latoria, Colwood
Bathrooms:
- (Full:-/Half:-)
Lot Size:
3.9 acre(s)
Taxes:
Construction:
Frame Wood, Insulation All
Foundation:
Concrete Perimeter
Electricity:
Yes
Ceiling Heights:
Commercial Area:
Water supply:
Well: Drilled
Sewer:
Septic System
Fireplace:
No
Pending Date:
Balcony/Deck, Fenced
Wishart Rd to Windthrop Rd.
Main Level
0
Yes
No
Unrestricted
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:
Occupancy:
Owner
Utilities:
Electricity Connected
Lot Site Features:
Acreage, Irregular Lot, Park Setting, Private, Recreation Nearby, Rural Setting, Shopping Nearby
Parking Features:
On Site
Total Units:
Date Listed:
May 23, 2024
Original Price:
5000000.0
  • Photo 1: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
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  • Photo 9: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
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  • Photo 11: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
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  • Photo 12: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Covered Storage
  • Photo 13: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Driveway
  • Photo 14: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Driveway
  • Photo 15: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Zoning Map
  • Photo 16: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    OCP Designation Map
  • Photo 17: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Royal Bay Park
  • Photo 18: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Royal Bay Beach
  • Photo 19: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Latoria Walk Shopping
  • Photo 20: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Royal Bay Secondary School
  • Photo 21: 567 Windthrop Rd in Colwood: Co Latoria Multi Family for sale : MLS®# 964914
    Olympic View Golf Course
Listed by RE/MAX Camosun
Data was last updated June 23, 2024 at 12:05 AM (UTC)
Area Statistics
Listings on market:
11
Avg list price:
$1,590,000
Min list price:
$615,000
Max list price:
$5,000,000
Avg days on market:
103
Min days on market:
24
Max days on market:
363
These statistics are generated based on the current listing's property type and located in Colwood. Average values are derived using median calculations.

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