Our Listings
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1050559
- Photos (9)
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DEVELOPMENT OPPORTUNITY: Discover 3.90 acres of prime development land. The property is within the Neighbourhood Hillside & Shoreline Land Use Designation, a strategic designation that paves the way for increased density and Low-Rise buildings, up to 6 storeys. Surrounded by multi-family zoned properties, it stands as a prime example of the region's potential for higher density development, growth, and prosperity. The options for redevelopment are vast, making it an attractive investment in a thriving community. This expansive parcel currently includes a 3-bedroom home, a workshop, and various outbuildings for potential rental revenue.
- Property Type:
- Commercial Sale
- Type:
- Unimproved Land
- Commercial Type:
- Land
- Lease Type:
- Sale Price
- Listing General Location:
- Co Latoria, Colwood
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 3.9 acre(s)1.58 hectare(s)
- Taxes:
- $1,859.08 / 2026
- Construction:
- Frame Wood, Insulation All
- Foundation:
- Concrete Perimeter
- Electricity:
- Yes
- Commercial Area:
- Western Communities
- Water supply:
- Well: Drilled
- Sewer:
- Septic System
- Fireplace:
- No
- Balcony/Deck, Fenced
- Wishart Rd to Windthrop Rd.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Assessed:
- 269525.0
- Assessment year:
- 2026
- Jurisdiction name:
- City of Colwood
- Legal Description:
- LOT 1, PLAN VIP11696, SECTION 61, ESQUIMALT LAND DISTRICT, EXCEPT PLAN 27893 35943 41721
- Utilities:
- Electricity Connected
- Lot Site Features:
- Acreage, Irregular Lot, Park Setting, Private, Recreation Nearby, Rural Setting, Shopping Nearby
- Parking Features:
- On Site
- Total Units:
- 1
- Date Listed:
- Sep 23, 2026
- Original Price:
- 5000000.0
Larger map options:
Listed by RE/MAX Camosun
Data was last updated September 23, 2026 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $3,500,000
- Min list price:
- $700,000
- Max list price:
- $17,750,000
- Avg days on market:
- 142
- Min days on market:
- 13
- Max days on market:
- 700
These statistics are generated based on the current listing's property type
and located in
Colwood. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- Guy Crozier
- RE/MAX CAMOSUN
- 250-744-3301
- Contact by Email
- Scott Marchant
- RE/MAX CAMOSUN
- 250-744-3301
- Contact by Email
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.

