PRIME DEVELOPMENT SITE in Colwood Corners neighbouring new residential & commercial mixed use development opposite the prestigious Royal Colwood Golf course, positioned on the Transit Growth Corridor. ALL restrictive covenants have been REMOVED and site is now ready for your proposed development. This is the heart of Colwood with recreational facilities, shopping, arena, Galloping Goose trail, transit and Esquimalt Lagoon close by. The lot is 23,458sqft zoned R1 however the OCP is designated Colwood Corners permitting a maximum FAR of 4.5. This is the heart of Colwood with recreational facilities, shopping, transit and Esquimalt Lagoon close by. The lot is 23,458sqft currently zoned R1 however the OCP is designated Colwood Corners permitting a maximum FAR of 4.5. 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. FUTURE DEVELOPMENT MAY PROVIDE FOR UNOBSTRUCTED OCEAN VIEWS FROM UNITS ABOVE 3 OR 4 STORIES. RARE OPPORTUNITY to secure your future development site in the HEART of Colwood with future potential to secure some of the additional properties in the 13 lot 7+ acre subdivision. NOTE: 3 to 4 story townhomes will likely not be supported by the municipality. Buyers MUST do their own due diligence with Colwood BEFORE submitting an offer. The seller and his tenant will rent back at market rates.