$2,500,000

Colwood BC, V9C 1Z9

MLS® # 1021198

Property Information:

Townhouse Development Opportunity – Colwood, BC3145 Metchosin Road offers a fully rezoned site for a 23-unit townhouse development in one of Greater Victoria’s fastest-growing communities. Delivered with zoning in place, this ±36,246 SF property eliminates entitlement risk and accelerates time to market. The approved plan features four buildings with three-bedroom layouts, generous floor areas, and integrated parking, with potential to increase to 24 units at the Development Permit stage. Located minutes from Royal Bay, major retail centers, schools, and parks, the site benefits from strong demographics and excellent connectivity to Downtown Victoria. All services are at the property line, and the purchaser will assume responsibility for the DP application, providing flexibility for design and density optimization.

Property Features:

Annual Tax Amount: $6,533
Lot Frontage: 36246 Square Feet
Lot Size: 0.83 Acres
Ownership: Freehold
Parking Features: On Site
Property Sub Type: Multi Family
Road Surface Type: Paved

Courtesy of: Colliers

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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Market Price Trends

Location of 3145 Metchosin Rd, Colwood, BC, V9C 1Z9

Lifestyle
Neighbourhood

Demographic Information of 3145 Metchosin Rd, Colwood, BC, V9C 1Z9

Life Stage

Midlife Families

Employment Type

Service Sector/White Collar

Average Household Income

$113,629.27

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

13.76 %

High school certificate or equivalent

39.98 %

Apprenticeship trade certificate/diploma

11.3 %

College/non-university certificate

21.26 %

University Degree

13.7 %

Commuter

Travel To Work

By Car

87.48 %

By Public Transit

1.06 %

By Walking

3.81 %

By Bicycle

0.98 %

By Other Methods

6.67 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.28 %

Houses

96.72 %

Own Vs. Rent