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.
Property Type:
Residential
Type:
Land
Year built:
1952
(Age: 73)
Living Area:
1,252 sq. ft.116 m2
Listing General Location:
Co Colwood Corners, Colwood
Bedrooms:
2
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
0.539 acre(s)0.22 hectare(s)
Kitchens:
1
Building Features:
Transit Nearby, See Remarks
Construction:
Frame Wood, Glass
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Electricity:
Yes
Roof:
Asphalt Shingle
Floor finish:
Mixed
Total Building Area:
2,504 sq. ft.233 m2
Total Unfinished Area:
1,252 sq. ft.116 m2
# Bedrooms or Dens Total:
2
# Main Level Bedrooms:
2
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.0 m2
Living Area Main Floor:
1,252 sq. ft.116 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
1
Fireplace Details:
Wood Burning
Laundry Features:
In House
Water supply:
Municipal, To Lot, Well: Shallow
Sewer:
Sewer Connected, Sewer To Lot
Additional Accommodations:
Potential
Cooling:
None
Heating:
Forced Air, Oil
Fireplace:
Yes
Warranty:
No
Dryer, F/S/W/D, Oven/Range Electric, Range Hood, Refrigerator, Washer
Listed by Macdonald Commercial Real Estate Services Ltd.
Data was last updated December 4, 2025 at 04:05 PM (UTC)
Area Statistics
Listings on market:
166
Avg list price:
$888,650
Min list price:
$369,900
Max list price:
$3,688,000
Avg days on market:
76
Min days on market:
2
Max days on market:
530
Avg price per sq.ft.:
$564.32
These statistics are generated based on the current listing's property type
and located in
Colwood. Average values are
derived using median calculations. This data is not produced by the MLS® system.