- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1050559
- Photos (9)
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DEVELOPMENT OPPORTUNITY: Discover 3.90 acres of prime development land. The property is within the Neighbourhood Hillside & Shoreline Land Use Designation, a strategic designation that paves the way for increased density and Low-Rise buildings, up to 6 storeys. Surrounded by multi-family zoned properties, it stands as a prime example of the region's potential for higher density development, growth, and prosperity. The options for redevelopment are vast, making it an attractive investment in a thriving community. This expansive parcel currently includes a 3-bedroom home, a workshop, and various outbuildings for potential rental revenue.
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- Co Latoria, Colwood
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 3.9 acre(s)
- Taxes:
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- Construction:
- Frame Wood, Insulation All
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Ceiling Heights:
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- Commercial Area:
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- Water supply:
- Well: Drilled
- Sewer:
- Septic System
- Fireplace:
- No
- Pending Date:
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- Balcony/Deck, Fenced
- Wishart Rd to Windthrop Rd.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Jurisdiction name:
- City of Colwood
- Legal Description:
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- Utilities:
- Electricity Connected
- Lot Site Features:
- Acreage, Irregular Lot, Park Setting, Private, Recreation Nearby, Rural Setting, Shopping Nearby
- Parking Features:
- On Site
- Total Units:
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- Date Listed:
- Sep 23, 2026
- Original Price:
- 5000000.0
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Listed by RE/MAX Camosun
Data was last updated September 23, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $3,500,000
- Min list price:
- $700,000
- Max list price:
- $17,750,000
- Avg days on market:
- 142
- Min days on market:
- 13
- Max days on market:
- 700
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.
- EAMON COLL
- TEAM 3000 Realty Ltd.
- 1 (250) 8889515
- Contact by Email
Location
114-4480 West Saanich Rd.
Victoria, BC, V8Z 3E9