592 Heatherly Rd, Colwood, British Columbia

$899,000

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2

Beds

1

Bath

840

Square feet

0.16

Acres

About 592 Heatherly Rd

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. 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 the buyers may utilise the property for their intended use. The 2 bedroom mobile home on the property provides $1800 per month revenue while you plan your development. (id:36535)

Features of 592 Heatherly Rd

Listing # 979004
Price $899,000
Bedrooms 2
Bathrooms 1.00
Square Footage 840
Acres 0.16
Year Built 1972
Type Single Family
Sub-Type Freehold

Community Information

Address 592 Heatherly Rd
Subdivision Royal Roads
City Colwood
Province British Columbia
Postal Code V9C1K1

Amenities

Features Central location, Curb & gutter, Level lot, Other, Rectangular, Marine Oriented
Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Heating Electric Baseboard heaters
Cooling None
Fireplace No
Has Basement No

Additional Information

Zoning Residential/Commercial

Listing Details

OfficeCourtesy Of Sandy Clark Of Royal LePage Nanaimo Realty (NanIsHwyN)

Listing Map