Lot for sale

1919 Sooke Rd, Colwood

$2,100,000 or
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Lot for sale in Colwood, Colwood Corners, 1919 Sooke Rd, 977129 | Realtylink.org
Lot for sale in Colwood, Colwood Corners, 1919 Sooke Rd, 977129 | Realtylink.org Lot for sale in Colwood, Colwood Corners, 1919 Sooke Rd, 977129 | Realtylink.org
$2,100,000 or

Lot for sale

1919 Sooke Rd, Colwood

Features

Lifestyle
2 bedrooms
1 bathroom
977129 2100000 /en/lot~for-sale~colwood/977129?view=Summary /en/lot~for-sale~colwood/977129/photos 48.4404300000 -123.4712500000 true
Style
Rancher
Year Built
1952
Lot Size
23,458 sqft
Gross Property Tax
$3,345 /year
Zoning
R1
Amenities
Dining Room, Eating Area, Storage, Accessible Entrance, Ground Level Main Floor, No Step Entrance, Primary Bedroom on Main, Wheelchair Friendly, Balcony/Patio, Fencing: Partial, Garden, Lighting, Low Maintenance Yard, Dryer, F/S/W/D, Oven/Range Electric, Range Hood, Refrigerator, Washer, Transit Nearby, See Remarks
Additional Features
Central Location, Cleared, Corner, Easy Access, Family-Oriented Neighbourhood, Level, Near Golf Course, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks

Description

Prime development site in Colwood Corners eighbouring new residential & commercial mixed use development opposite the prestigious Royal Colwood Golf course. 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. Older restrictive covenant registered on title restricts development and must be removed to develop - majority of the 13 home owners have agreed to have the restrictive covenant removed. 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. The seller and his tenant will rent back at market rates.
MLS® Number 977129

Listing REALTOR®

Sandy Clark, REALTOR<sup>®</sup>

Sandy Clark

REALTOR®
250-668-9878

Royal LePage Nanaimo Realty (NanIsHwyN)

Location

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  • 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.
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