$2,500,000

Investment For Sale In Colwood, British Columbia

$2,500,000

Property Information:

Townhouse Development Opportunity – Colwood, BC3145 Metchosin Road offers a fully rezoned site for a 23-unit townhouse development in one of Greater Victoria’s fastest-growing communities. Delivered with zoning in place, this ±36,246 SF property eliminates entitlement risk and accelerates time to market. The approved plan features four buildings with three-bedroom layouts, generous floor areas, and integrated parking, with potential to increase to 24 units at the Development Permit stage. Located minutes from Royal Bay, major retail centers, schools, and parks, the site benefits from strong demographics and excellent connectivity to Downtown Victoria. All services are at the property line, and the purchaser will assume responsibility for the DP application, providing flexibility for design and density optimization.

Property Features:

  • Annual Tax Amount: $6,533
  • Lot Frontage: 36246 Square Feet
  • Lot Size: 0.83 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved

Courtesy of: Colliers

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.