House for sale

592 Heatherly Rd, Colwood

$899,000 or
House for sale in Colwood, Royal Roads, 592 Heatherly Rd, 979004 | Realtylink.org
$899,000 or

House for sale

592 Heatherly Rd, Colwood

Features

Lifestyle
2 bedrooms
1 bathroom
979004 899000 /en/house~for-sale~colwood/979004?view=Summary /en/house~for-sale~colwood/979004/photos 48.4344700000 -123.4907800000 true
Style
Other
Year Built
1972
Floor Area
840 sqft
Lot Size
6,840 sqft
Gross Property Tax
$2,392 /year
Zoning
R1 Residential
Amenities
Dining/Living Combo, Eating Area, Ground Level Main Floor, Balcony/Deck, Fencing: Partial, Workshop, Window Coverings, F/S/W/D, Refrigerator, Transit Nearby
Additional Features
Central Location, Curb & Gutter, Easy Access, Level, Marina Nearby, Near Golf Course, No Through Road, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby

Description

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.
MLS® Number 979004

Listing REALTOR®

Sandy Clark, REALTOR<sup>®</sup>

Sandy Clark

REALTOR®

Royal LePage Nanaimo Realty (NanIsHwyN)

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.

Calculate mortgage payments

$
$
%
899,000 $
%
years
$

Estimated property transfer tax

$
$
$
$
$

Calculate borrowing capacity

$
%
years
$
  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
1 1 5000 +
Back top