Prime Colwood development opportunity on Sooke Road. This large, level 81’ x 266’ lot offers approximately 21,500+ sq.ft. within the Transit Growth Area of the Colwood OCP. Current R1 zoning, improved with a fully tenanted, detached 5-bedroom house with a 2-bedroom suite on the top level, and large workshop provides holding income during planning. OCP policy supports multi-unit residential and increased density, subject to approvals. A 6-storey residential development has been approved across the street, reinforcing the redevelopment potential of this corridor. Convenient access to transit, Veterans Memorial Parkway, Metchosin Road, Westshore Town Centre, Royal Roads University, and key amenities. This is a compelling acquisition for builders, developers, or long-term land holders looking for a strategic site in one of the West Shore’s key growth areas. Buyer to verify development potential with the City of Colwood. (id:44056)

Property Details

Full Address:
2321 Sooke Rd, Colwood, British Columbia
Price:
$ 1,700,000
MLS Number:
1036920
List Date:
May 15th, 2026
Neighbourhood:
Hatley Park
Lot Size:
21546 sq.ft.
Year Built:
1948
Taxes:
$ 4,146

Interior Features

Bedrooms:
6
Bathrooms:
2
Air Conditioning:
None
Heating:
Forced air, Oil, Natural gas, Wood, Other
Fireplaces:
2

Building Features

Zoning:
Residential
Garage Spaces:
6
Ownership Type:
Freehold
Taxes:
$ 4,146

Floors

Finished Area:
2664 sq.ft.

Land

Lot Size:
21546 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Vanessa Roman
Pemberton Holmes Ltd. - Oak Bay
Co-Listing: Tracy Menzies
Pemberton Holmes Ltd. - Oak Bay

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