567 Windthrop Rd | $5,000,000
Kimberly Cardinal Agent Photo
Kimberly
Cardinal
C. (250) 812-4932
P. (250) 384-8124
Phone Kimberly https://kimcardinal.realtyhd.com/
Pemberton Holmes - Cloverdale
150-805 Cloverdale Ave
Victoria, BC
Canada V8X 2S9

Details

%
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.


Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.


Listed by RE/MAX CAMOSUN


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Data Source: Statistics Canada
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