567 Windthrop Rd | $5,000,000
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Royal LePage Coast Capital - Chatterton
110 - 4460 Chatterton Way
Victoria, BC
Canada V8X 5J2

Details

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Years (35 year max)
Years



Address 567 Windthrop Rd
AreaColwood
Sub AreaLatoria
State/ProvinceBritish Columbia
CountryCanada
Price$5,000,000
Property TypeLots/Acreage
Bedrooms3
Bathrooms2
Floor Space1750 Square Feet
Lot Size169884.00 Square Feet
WaterfrontNo
Year Built1976
Taxes $1,667
Tax Year2023
MLS® #946371

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.


Listed by RE/MAX CAMOSUN


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Data Source: Statistics Canada
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