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LOT1-LEGAL SOOKE COLWOOD
OTHER neighbourhood of Other British Columbia Canada V9B 1W1
$2,200,000
LOT1-LEGAL SOOKE COLWOOD
Price: $2,200,000
MLS Number: 1012424
Square Footage: 1250 Sq Ft
Property Type: Single Family
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
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Listing Brokerage: Macdonald Commercial Real Estate Services Ltd.
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