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$2,100,000

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0.54 Acres Lot

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Lot1 Sooke Rd Colwood, BC V9B 1W1

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Natasha Koch

natasha@vancityhometeam.com +1(604) 862-7619

UPDATED:

09/25/2024 07:06 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 977096

Rental Info Unrestricted

Year Built 1952

Annual Tax Amount $3,364

Tax Year 2022

Lot Size 0.540 Acres

Acres 0.54

Lot Dimensions 195x99

Property Description

Prime development site at 1919 Sooke Rd neighbouring the new residential & commercial mixed use Colwood Corners development and 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 23,458.27sqft currently zoned R1 single family residential however the OCP (Official Community Plan) is designated Colwood Corners permitting a maximum FAR of 4.5 and Transit Corridor. The municipality is focusing the highest density along the Sooke Road, Goldstream and Wale Road corridor in Colwood. The property offers approximately 195'83 feet frontage along Colwood Crescent and 99'76 feet frontage along Sooke Road and rear road frontage. Older restrictive covenant registered on title restricting development for the properties collectively along Colwood Crescent and Sooke Road may be removed. The municipality wish to see 8 to 30 stories in this area. Some vendor financing available.

Location

Province BC

County Capital Regional District

Area Colwood

Zoning R1

Interior

Heating Forced Air, Oil

Flooring Mixed

Inclusions Fixtures, Parking, Real Estate, See Remarks

Heat Source Forced Air, Oil

Exterior

Exterior Feature Balcony/Patio, Fencing: Partial, Low Maintenance Yard, Sign: Allowed, Storefront

Parking On Site 1

Utilities Available Cable Available, Cable To Lot, Compost, Electricity Available, Electricity To Lot, Garbage, Natural Gas Available, Phone Available, Recycling

Total Parking Spaces 20

Building

Lot Description Acreage, Central Location, Cleared, Corner, Curb & Gutter, Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Private, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks

Building Description Frame Wood, High Traffic Area,Kitchen/Staff Room,Laundry Room,Parking,Shopping Nearby,Transit Nearby,Visual Exposure

Foundation Poured Concrete

Sewer Sewer Connected, Sewer To Lot

Water Municipal, Well: Shallow

Structure Type Frame Wood

Others

Pets Allowed Yes

Restrictions ALR: No,Restrictive Covenants

Tax ID 005-932-661

Ownership Freehold

Acceptable Financing Must Be Paid Off, Seller May Carry, Trade, VMC/VTB

Listing Terms Must Be Paid Off, Seller May Carry, Trade, VMC/VTB

Listed by Royal LePage Nanaimo Realty (NanIsHwyN)

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Natasha Koch

Broker Associate

+1(604) 862-7619