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Renanza Realty
For sale

567 Windthrop Rd

Colwood, British Columbia

MLS® 1050559

$5,000,000

Status
Active
Property type
Vacant land
MLS® number
1050559
Bedrooms
—
Bathrooms
—
Year built
—

Listing description

DEVELOPMENT OPPORTUNITY: Discover 3. 90 acres of prime development land. The property is within the Neighbourhood Hillside & Shoreline Land Use Designation, a strategic designation that paves the way for increased density and Low-Rise buildings, up to 6 storeys.

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.

Property summary

MLS® number
1050559
Property type
Vacant Land
Title
Freehold
Land size
3.9 acres
Annual property taxes
$1,859.08
Days on market
1 day

Features & details

Lot features
Acreage, Park setting, Private setting, Irregular lot size, Other

What would this home cost you?

Based on the $5,000,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$23,264 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX Camosun, Sidney.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.