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589 Ledsham Road, Colwood
589 Ledsham Road, Colwood
589 Ledsham Road, Colwood
589 Ledsham Road, Colwood
589 Ledsham Road, Colwood
+5 more

589 Ledsham Road, Colwood, British Columbia

$1,450,000
3
Beds
1.0
Baths
1,212
Square feet
0.3800
Acres

About 589 Ledsham Road

589 Ledsham Road offers builders, investors and commercial owner-users an opportunity to acquire a level development site in Colwood's growing West Shore market. The 16,553 sq. ft. property provides approximately 72.5 ft. of frontage and is located just off the Sooke Road commercial corridor. Community Commercial (C2) zoning permits a broad range of uses, including retail, restaurants, offices, personal services, daycare and fitness facilities. Current zoning allows a maximum 1.0 FAR, representing approximately 16,553 sq. ft. of buildable floor area, with up to 50% lot coverage and a maximum height of three storeys. The property is improved with an approximately 2000 sq. ft. single-family home generating holding income on a month on a month-to-month tenancy, while providing ample storage and parking for commercial activities. A 2021 Phase I ESA did not recommend further Phase II investigation. Development potential is subject to municipal approval and purchaser due diligence. (id:66920)

Key Features

  • Open
  • Street
  • Additional Parking
  • Electric
  • Air Conditioned
  • House
Arun Verma
Arun Verma
Real Estate Associate, Founder & Lead Partner
Cell: +1 403-831-7931 VIEW REALTOR® PROFILE

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Estimated monthly payment
$6,781
/month · principal + interest

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Listing courtesy of Victoria Real Estate Board.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Data is deemed reliable but is not guaranteed accurate by CREA.
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