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Pending – Colwood Development Opportunity

$ 899,000
434 Goldstream Avenue, ,
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  • Updated On:
  • August 17, 2021
  • 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.


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Address: 434 Goldstream Avenue
Country: Canada
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Property Id : 15488
Price: $ 899,000
Property Size: 2,041.00 ft2
Property Lot Size: 12,371.00 ft2
Bedrooms: 4
Bathrooms: 2
Year Built: 1954
MLS: 882935

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