Unique opportunity to own this future development property at the top of Triangle Mountain. 1. 4 acres all services to the property line. Views to downtown Victoria. Great holding property as this property comes with a lease ending in April 2025 that nets almost $34k per year, lease payable up front in full annually. Future plans including current and best use completed May 2019 available upon request. Colwood seems favorable to allow redevelopment of the property, buyer to do own due dilligence. Please don't walk on property without approval, thank you.
Property Type:
Residential
Type:
Land
Listing General Location:
Co Triangle, Colwood
Bedrooms:
0
Bathrooms:
0.0 (Full:-/Half:-)
Lot Size:
1.4 acre(s)0.567 hectare(s)
Kitchens:
0
Taxes:
$7,217.98 /
2023
Electricity:
Yes
# Bedrooms or Dens Total:
0
# Main Level Bedrooms:
0
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
0
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
0
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Water supply:
Municipal, To Lot
Sewer:
Sewer To Lot
Fireplace:
No
City, Mountain(s)
Sooke Road to Fulton all the way to the top
Main Level
0
Yes
No
Unrestricted
Assessed:
1143000.0
Assessment year:
2023
Jurisdiction name:
City of Colwood
Legal Description:
Lot B, Plan VIP38960, Section 73, Metchosin Land District, Except Plan 47957
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
0
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Utilities:
Cable Available, Electricity Available, Natural Gas Available
Data was last updated December 4, 2023 at 08:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$1,299,500
Min list price:
$439,900
Max list price:
$2,350,000
Avg days on market:
43
Min days on market:
10
Max days on market:
269
Avg price per sq.ft.:
$474.06
These statistics are generated based on the current listing's property type
and located in Co Triangle. Average values are
derived using median calculations.