589 Ledsham Rd
Colwood, British Columbia
MLS® 1050634
$1,450,000
- Status
- Active
- Property type
- House
- MLS® number
- 1050634
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1955
1 / 10Listing description
589 Ledsham Road offers builders, investors and commercial owner-users an opportunity to acquire a level development site in Colwood's growing West Shore market. The 16,553 sq. ft.
property provides approximately 72. 5 ft. of frontage and is located just off the Sooke Road commercial corridor.
Community Commercial (C2) zoning permits a broad range of uses, including retail, restaurants, offices, personal services, daycare and fitness facilities. Current zoning allows a maximum 1. 0 FAR, representing approximately 16,553 sq.
ft. of buildable floor area, with up to 50% lot coverage and a maximum height of three storeys. The property is improved with an approximately 2000 sq.
ft. single-family home generating holding income on a month on a month-to-month tenancy, while providing ample storage and parking for commercial activities. A 2021 Phase I ESA did not recommend further Phase II investigation.
Development potential is subject to municipal approval and purchaser due diligence.
Property summary
- MLS® number
- 1050634
- Property type
- Single Family
- Building type
- House
- Square footage
- 1,212 sq ft
- Title
- Freehold
- Land size
- 16553 square feet
- Built in
- 1955
- Annual property taxes
- $13,216.00
- Parking
- 20 spaces
- Days on market
- 2 days
Features & details
- Heating
- Electric
- Cooling
- Air Conditioned
What would this home cost you?
Based on the $1,450,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Pemberton Holmes Ltd., Victoria.
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.