$899,000

592 Heatherly Rd, Colwood, BC, V9C 1K1

QuickQuote^TM: $755K - $901K

MLS® # 979004

2 Beds

1 Bath

840 FEETSQ sqft

Property Information:

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.

Property Features:

Bedrooms: 2
Bathrooms: 1
Annual Tax Amount: $2,392
Accessibility Features: Ground Level Main Floor
Appliances: F/S/W/D, Refrigerator
Basement: Crawl Space, Other
Body Type: Single Wide
Building Features: Transit Nearby
Built in: 1972
Construction Materials: Frame Wood, Vinyl Siding
Cooling: None
Exterior Features: Balcony/Deck, Fencing: Partial
Floor Space (approx): 840 Square Feet
Flooring: Mixed
Foundation Details: Other
Heating: Baseboard, Electric
Interior Features: Dining/Living Combo, Eating Area
Laundry Features: In House
Lot Features: Central Location, Curb & Gutter, Easy Access, Level, Marina Nearby, Near Golf Course, No Through Road, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby
Lot Frontage: 6840 Square Feet
Lot Size: 6840.00 Square Feet
Other Structures: Workshop
Ownership: Freehold
Parking Features: Carport, Driveway, Guest, RV Access/Parking
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Fixer, Land Value Only, Resale, Updated/Remodeled
Property Sub Type:
Road Surface Type: Paved
Roof: Asphalt Torch On
Utilities: Cable Available, Compost, Electricity Available, Garbage, Natural Gas Available, Phone Available, Recycling
Water Source: Municipal, To Lot
Window Features: Window Coverings
Zoning: R1 Residential
Zoning Description: Residential/Commercial
Sewer: Sewer Available
No. of Parking Spaces: 5

Rooms:

Living Main Level 3.05 m x 3.66 m
Bathroom Main Level
Bedroom Main Level 3.05 m x 3.05 m
Living Main Level 3.05 m x 3.66 m
Kitchen Main Level 1.83 m x 2.44 m
Bedroom Main Level 1.83 m x 2.44 m
Laundry Main Level 1.83 m x 1.83 m
Dining Main Level 1.83 m x 2.44 m

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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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