REDUCED
for sale
residential development site | approved for development of 27 townhomes OPPORTUNITY
To acquire a 1.5 acre (0.609 ha) development site which permits a 27 unit townhouse project. Extensive work has been completed to prepare the site including substantial rock fill, steel piles and retaining wall to support site development and maximize site building area. location
Located in the master-planned community of Royal Bay in Victoria’s Westshore community of Colwood and situated on the northwest corner of Wishart Road and Latoria Road across from Latoria Creek Park. Within close proximity to schools, shopping and a variety of recreational pursuits including 5 golf courses, stunning beaches, nature trails and parks. THE PROPERTY
The subject property comprises an overall area of 1.50 acres with approximately 192 feet of frontage along the west side of Wishart Road. The property has been cleared of all vegetation and has been improved with an extensive amount of compacted rock fill. The natural grade slopes down from north to south. 23 piles have been driven in the southwest area of the site and the foundation for six townhouse units has been constructed in the northwest corner of the site. Municipal and private utilities are available to the property including sanitary and storm sewers, piped water, natural gas, hydro, telephone, and cable.
3584
WISHART ROAD
COLWOOD, BRITISH COLUMBIA
R
U D E
D E C
FOR MORE INFORMATION PLEASE CONTACT:
Chris Rust
Associate Vice President Investment Properties Group 250 386 0005 [email protected]
Ross Marshall*
Associate Vice President Investment Properties Group 250 386 0004 [email protected] *Personal Real Estate Corporation
RESIDENTIAL DEVELOPMENT SITE for sale 3584 wishart road colwood | bRITISH cOLUMBIA
ZONING
Comprehensive Development 17 (CD17) Zone. Number of dwelling units shall not exceed 27. Floor area ratio not to exceed 0.75.
LEGAL DESCRIPTION
PID 028-667-689 Lot B, Section 61 Esquimalt District, Plan EPP 13429
ASSESSMENT (2013)
$1,230,000
TAXES (2013)
$9,123
HIGHLIGHTS
Considerable amount of site work complete Fully engineered and serviced site Development permit for 27 townhouse units Full set of architectural plans available Plans include three floor plan options all of which are two-storey units with garages Foundations in place for six townhomes Vendor financing available Previously offered as a Court Ordered Sale, however, the Court has recently granted the Lender with Order Absolute
PRICE
$1,335,000 REDUCED TO $1,290,000 FURTHER REDUCED TO $1,099,000
Wish
Chris Rust Promenad
art R oad
FOR MORE INFORMATION PLEASE CONTACT:
e Cr
esc
en t
Associate Vice President Investment Properties Group 250 386 0005 [email protected]
Lator
ia Ro
ad
Ross Marshall*
Associate Vice President Investment Properties Group 250 386 0004 [email protected] *Personal Real Estate Corporation
CBRE Limited | 1026 Fort Street | Victoria, BC | Tel: 250 386 0000 | www.cbrevictoria.com This disclaimer shall apply to CBRE Limited, Brokerage, and all of its real estate agents, and to all other divisions of the Corporation (collectively “CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.
RESIDENTIAL DEVELOPMENT SITE for sale 3584 wishart road colwood | bRITISH cOLUMBIA
block a-1 - se elevation
FOR MORE INFORMATION PLEASE CONTACT:
Chris Rust | 250 386 0005
Ross Marshall* | 250 386 0004
[email protected]
[email protected] *Personal Real Estate Corporation
This disclaimer shall apply to CBRE Limited, Brokerage, and all of its real estate agents, and to all other divisions of the Corporation (collectively “CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.
RESIDENTIAL DEVELOPMENT SITE for sale 3584 wishart road colwood | bRITISH cOLUMBIA
Block D - east Latoria road elevations
Block F - WISHART ROAD elevations
BlockS D AND E - NORTH elevations
FOR MORE INFORMATION PLEASE CONTACT:
Chris Rust | 250 386 0005
Ross Marshall* | 250 386 0004
[email protected]
[email protected] *Personal Real Estate Corporation
This disclaimer shall apply to CBRE Limited, Brokerage, and all of its real estate agents, and to all other divisions of the Corporation (collectively “CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.
residential development site | approved for development of 27 townhomes OPPORTUNITY
To acquire a 1.5 acre (0.609 ha) development site which permits a 27 unit townhouse project. Extensive work has been completed to prepare the site including substantial rock fill, steel piles and retaining wall to support site development and maximize site building area. location
Located in the master-planned community of Royal Bay in Victoria’s Westshore community of Colwood and situated on the northwest corner of Wishart Road and Latoria Road across from Latoria Creek Park. Within close proximity to schools, shopping and a variety of recreational pursuits including 5 golf courses, stunning beaches, nature trails and parks. THE PROPERTY
The subject property comprises an overall area of 1.50 acres with approximately 192 feet of frontage along the west side of Wishart Road. The property has been cleared of all vegetation and has been improved with an extensive amount of compacted rock fill. The natural grade slopes down from north to south. 23 piles have been driven in the southwest area of the site and the foundation for six townhouse units has been constructed in the northwest corner of the site. Municipal and private utilities are available to the property including sanitary and storm sewers, piped water, natural gas, hydro, telephone, and cable.
3584
WISHART ROAD
COLWOOD, BRITISH COLUMBIA
R
U D E
D E C
FOR MORE INFORMATION PLEASE CONTACT:
Chris Rust
Associate Vice President Investment Properties Group 250 386 0005 [email protected]
Ross Marshall*
Associate Vice President Investment Properties Group 250 386 0004 [email protected] *Personal Real Estate Corporation
RESIDENTIAL DEVELOPMENT SITE for sale 3584 wishart road colwood | bRITISH cOLUMBIA
ZONING
Comprehensive Development 17 (CD17) Zone. Number of dwelling units shall not exceed 27. Floor area ratio not to exceed 0.75.
LEGAL DESCRIPTION
PID 028-667-689 Lot B, Section 61 Esquimalt District, Plan EPP 13429
ASSESSMENT (2013)
$1,230,000
TAXES (2013)
$9,123
HIGHLIGHTS
Considerable amount of site work complete Fully engineered and serviced site Development permit for 27 townhouse units Full set of architectural plans available Plans include three floor plan options all of which are two-storey units with garages Foundations in place for six townhomes Vendor financing available Previously offered as a Court Ordered Sale, however, the Court has recently granted the Lender with Order Absolute
PRICE
$1,335,000 REDUCED TO $1,290,000 FURTHER REDUCED TO $1,099,000
Wish
Chris Rust Promenad
art R oad
FOR MORE INFORMATION PLEASE CONTACT:
e Cr
esc
en t
Associate Vice President Investment Properties Group 250 386 0005 [email protected]
Lator
ia Ro
ad
Ross Marshall*
Associate Vice President Investment Properties Group 250 386 0004 [email protected] *Personal Real Estate Corporation
CBRE Limited | 1026 Fort Street | Victoria, BC | Tel: 250 386 0000 | www.cbrevictoria.com This disclaimer shall apply to CBRE Limited, Brokerage, and all of its real estate agents, and to all other divisions of the Corporation (collectively “CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.
RESIDENTIAL DEVELOPMENT SITE for sale 3584 wishart road colwood | bRITISH cOLUMBIA
block a-1 - se elevation
FOR MORE INFORMATION PLEASE CONTACT:
Chris Rust | 250 386 0005
Ross Marshall* | 250 386 0004
[email protected]
[email protected] *Personal Real Estate Corporation
This disclaimer shall apply to CBRE Limited, Brokerage, and all of its real estate agents, and to all other divisions of the Corporation (collectively “CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.
RESIDENTIAL DEVELOPMENT SITE for sale 3584 wishart road colwood | bRITISH cOLUMBIA
Block D - east Latoria road elevations
Block F - WISHART ROAD elevations
BlockS D AND E - NORTH elevations
FOR MORE INFORMATION PLEASE CONTACT:
Chris Rust | 250 386 0005
Ross Marshall* | 250 386 0004
[email protected]
[email protected] *Personal Real Estate Corporation
This disclaimer shall apply to CBRE Limited, Brokerage, and all of its real estate agents, and to all other divisions of the Corporation (collectively “CBRE”). The information set out herein (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.
