567 Windthrop Road

$5,000,000 | Latoria, Colwood

567 Windthrop Road, Latoria, Colwood

About this Land

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. Surrounded by 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.

Interior Features Of 567 Windthrop, Latoria, Colwood

Dining Room

Other Structures At 567 Windthrop, Latoria, Colwood

Greenhouse, Storage Shed

Lot Features Of 567 Windthrop, Latoria, Colwood

Acreage, Central Location, Irregular Lot, Private

Listed by RE/MAX Camosun.

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Features

  • MLS®: 946371
  • Type: Land
  • Building: 567 Windthrop Road, Colwood
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Feet: 1,750 sqft
  • Lot Size: 169,884 sqft
  • Taxes: $1,667 (2023)
  • Parking: 15 Carport Triple, Detached, Driveway
  • Fireplaces: 2
  • Year Built: 1976
  • Warranty: false