592 Heatherly Rd Active

Colwood,BC V9C 1K1

$ 899000

2 Beds

1 Bath

840 SqFt


Key Details

Property Type Single Family Home

Sub Type Single Family Detached

Listing Status Active

Purchase Type For Sale

Square Footage 840 sqft

Price per Sqft $1,070

MLS Listing ID 979004

Style Other

Bedrooms 2

Rental Info Unrestricted

Year Built 1972

Annual Tax Amount $2,392

Tax Year 2023

Lot Size 6,969 Sqft

Acres 0.16

Lot Dimensions 60 ft wide x 114 ft deep

Property Description

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.

Location

State BC

County Capital Regional District

Area Co Royal Roads

Zoning R1 Residential

Direction Northeast

Rooms

Other Rooms Workshop

Basement Crawl Space,Other

Main Level Bedrooms 2

Kitchen 1

Interior

Interior Features Dining/Living Combo,Eating Area

Heating Baseboard,Electric

Cooling None

Flooring Mixed

Window Features Window Coverings

Appliance F/S/W/D,Refrigerator

Laundry In House

Exterior

Exterior Feature Balcony/Deck,Fencing: Partial

Carport Spaces 1

Utilities Available Cable Available,Compost,Electricity Available,Garbage,Natural Gas Available,Phone Available,Recycling

Roof Type Asphalt Torch On

Handicap Access Ground Level Main Floor

Total Parking Spaces 5

Building

Lot Description Central Location,Curb & Gutter,Easy Access,Level,Marina Nearby,Near Golf Course,No Through Road,Recreation Nearby,Rectangular Lot,Serviced,Shopping Nearby

Building Description Frame Wood,Vinyl Siding, Other

Faces Northeast

Foundation Other

Sewer Septic System,Sewer Available

Water Municipal,To Lot

Additional Building None

Structure Type Frame Wood,Vinyl Siding

Others

Restrictions ALR: No

Tax ID 000-400-939

Ownership Freehold

Acceptable Financing Must Be Paid Off

Listing Terms Must Be Paid Off

Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs

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