Description
DEVELOPMENT OPPORTUNITY! This property along with #588, & #584 Heatherly, will be sold together as a "land assembly" with the opportunity for redevelopment/rezoning. These properties offer a total of approximately .57 of an acre or roughly 24,510 sqft of land. Located within the 200 meter "Transit Growth Area" requirement with Colwood, & offering the potential to rezone to a multi use residential with municipal approvals. The Colwood OCP supports (on a case by case basis) ground orientated & low rise buildings up to 4 storeys, & up to 6 stories in some situations, with an FAR ranging up to 2.5. This is a great central location & close to many amenities such as a retail center right across the street. The total price of this land assembly is $3,310,000. Buyers to verify development/permit approvals through Colwood. Please do not walk the properties without permission. No access to homes without accepted offer.
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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1,417SQFT
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$692$/SQFT
Description
DEVELOPMENT OPPORTUNITY! This property along with #588, & #584 Heatherly, will be sold together as a "land assembly" with the opportunity for redevelopment/rezoning. These properties offer a total of approximately .57 of an acre or roughly 24,510 sqft of land. Located within the 200 meter "Transit Growth Area" requirement with Colwood, & offering the potential to rezone to a multi use residential with municipal approvals. The Colwood OCP supports (on a case by case basis) ground orientated & low rise buildings up to 4 storeys, & up to 6 stories in some situations, with an FAR ranging up to 2.5. This is a great central location & close to many amenities such as a retail center right across the street. The total price of this land assembly is $3,310,000. Buyers to verify development/permit approvals through Colwood. Please do not walk the properties without permission. No access to homes without accepted offer.
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Data last updated: 2021-12-07T21:21:57.66.