1919 Sooke Rd
Offered at: $2,200,000
MLS®: 1012419
PRIME DEVELOPMENT SITE in Colwood Corners neighbouring new residential & commercial mixed use development opposite the prestigious Royal Colwood Golf course, positioned on the Transit Growth Corridor. ALL restrictive covenants have been REMOVED and site is now ready for your proposed development. This is the heart of Colwood with recreational facilities, shopping, arena, Galloping Goose trail, transit and Esquimalt Lagoon close by. The lot is 23,458sqft zoned R1 however the OCP is designated Colwood Corners permitting a maximum FAR of 4.5. The municipality is focusing the highest density along the Sooke Road, Goldstream and Wale Road corridor with recent approvals in excess of 30+ story buildings. The property offers approximately 195'83 feet frontage along Colwood Crescent and 99'76 feet frontage along Sooke Road with rear road frontage. NOTE: 3 to 4 story townhomes will not be supported by the municipality. The seller and his tenant will rent back at market rates for an agreed term.
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