Active
592 Heatherly Rd
Colwood BC, V9C 1K1
$899,000
$1,070.24 per sqft
Active
2 Beds
1 Bath
840 sqft
Residential
Built in 1972
DEVELOPMENT OPPORTUNITY! This property situated in a walkable community near shopping, banking, amenities, schools and public transportation offers the opportunity for redevelopment/rezoning to higher density to accommodate townhomes or mixed use development up to 4 stories with an FAR of 1.75 equating to a permitted development of approximately 11,970sqft subject to application and approval from the municipality. Tenant on a month to month basis paying $1800 per month would like to stay. The Official Community Plan provides for "Neighbourhood Centre" permitting the following uses - Multi-unit residential, mixed-use, Commercial, Institutional, Live/work, home occupation and customer service oriented industrial uses. Buyers must complete their due diligence with Colwood municipality to ensure they may utilise the property for their intended use. Great opportunity to buy and hold as higher density gets approved throughout Colwood.
979004
MLSⓇ ID
November 23, 2024
Listed
November 23, 2024
Updated
Map
592 Heatherly Rd
Colwood BC, V9C 1K1
Interior Features
Total Stories
1
Bedrooms
2
Total Bathrooms
1
Interior Features
Dining/Living Combo, Eating Area
Appliances
F/S/W/D, Refrigerator
Laundry Description
In House
Floor Description
Mixed
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Baseboard, Electric
Exterior/Building Features
Lot Size
0.16 Acres
Exterior Features
Balcony/Deck, Fencing: Partial
Lot Features
Central Location, Curb Gutter, Easy Access, Level, Marina Nearby, Near Golf Course, No Through Road, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby
Roof
Asphalt Torch On
Sewer
Septic System, Sewer Available
Other Property Details
Area Name
Colwood
Taxes
$2,392
Tax Frequency
Annually
Garage
No
Parking
Carport, Driveway, Guest, RV Access/Parking
Parking Total
5
View
No
County
Capital Regional District
Water Source
Municipal, To Lot
Pool
No
Zoning
R1 Residential
Courtesy of Royal LePage Nanaimo Realty (NanIsHwyN), Sandy Clark
Listing Contact: 250-668-9878
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