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Alex Burns

alex@victoriahomes.com +1(250) 882-3335

Listed by Kane Ryan Pemberton Holmes Ltd.

$ 1,450,000

Est. payment | -/mo

3 Beds

1 Bath

1,972 SqFt

Save

$ 1,450,000

Est. payment | -/mo

Save

3 Beds

1 Bath

1,972 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,972 sqft

Price per Sqft $735

MLS Listing ID 1050634

Style Main Level Entry with Lower/Upper Lvl(s)

Bedrooms 3

HOA Y/N No

Year Built 1955

Annual Tax Amount $13,216

Tax Year 2026

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Single Family Residence

Property Description

589 Ledsham Road offers builders, investors and commercial owner-users an opportunity to acquire a level development site in Colwood's growing West Shore market. The 16,553 sq. ft. property provides approximately 72.5 ft. of frontage and is located just off the Sooke Road commercial corridor. Community Commercial (C2) zoning permits a broad range of uses, including retail, restaurants, offices, personal services, daycare and fitness facilities. Current zoning allows a maximum 1.0 FAR, representing approximately 16,553 sq. ft. of buildable floor area, with up to 50% lot coverage and a maximum height of three storeys. The property is improved with an approximately 2000 sq. ft. single-family home generating holding income on a month on a month-to-month tenancy, while providing ample storage and parking for commercial activities. A 2021 Phase I ESA did not recommend further Phase II investigation. Development potential is subject to municipal approval and purchaser due diligence.

Location

Province BC

County Capital Regional District

Community Co Hatley Park

Area Colwood

Zoning c2

Rooms

Kitchen 1

Interior

Heating Electric

Cooling Air Conditioning

Fireplace No

Laundry In House

Exterior

Parking Features Additional Parking, Driveway, On Street, Open

Garage Spaces 20.0

View Y/N No

Roof Type Asphalt Shingle

Total Parking Spaces 20

Garage No

Building

Foundation Concrete Perimeter

Sewer Septic System

Water Municipal

Others

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

Ownership Freehold

Special Listing Condition Resale

Pets Allowed Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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+1(250) 882-3335

alex@victoriahomes.com

3440 Douglas St, # 202, Victoria, Canada

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589 Ledsham Rd Colwood, BC V9C 1J9