Overview
- 4 Bedrooms
- 2 Bathrooms
- 2,041.00 ft2
- Year Built: 1954
Property Description
**Attention Developers or Long Term Investors** Situated in the rapidly developing Colwood Corners District & directly across from Royal Colwood Golf Course sits this updated family home with a in-law suite that’s perfect for extra income, the growing family or a home business! Located within the OCP of “Colwood Corners” allowing for a variety of urban uses (Multi-unit & Mixed Use, Commercial, Institutional, Live/Work and Customer Service). Boasting an over 12,000 sq/ft lot come explore a HIGHER DENISTY rezone or hold as a larger LAND ASSEMBLY. Current Zoning is R-1 however, a medium to high density residential use is likely the most supportable scenario for this land, with a potential Floor Space Ratio (FSR) of 3.0 and a 50% site coverage equaling approx. 37,000 sq/ft of buildable area. Come be a part of transforming the Goldstream strip! Reach out for details. All buyers to satisfy themselves with development options.
