589 Ledsham Rd, Colwood BC V9C 1J9

589 Ledsham Rd, Colwood BC V9C 1J9 - Single Family for Sale in Colwood, BC

This 3 bedroom, 1 bathroom single family in Colwood, British Columbia is listed for sale at $1,450,000. The property offers 1212.00 square feet of living space. Built in 1955. Lot size: 16,553 sq ft (0.38 acres).MLS® #1050634.

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.

Looking for homes for sale in Colwood? Browse Colwood real estate listings,residential properties, and Vancouver Island homes on IslandSold.com. Located in the Co Hatley Park neighborhood. Part of the Colwood area.