Revenue Generating Development

661 Kelly Road, Colwood, BC

  • $875,000
  • 2 BEDS
  • 1 BATHS
  • 1,300 sq.ft. Home
  • 661 Kelly Road, Colwood, BC
  • 2 BEDS
  • 1 BATHS
  • 1,300 sq.ft. Home
  • $875,000

Key Facts

  • MLS ID: 387349
  • Property Type: Development, Multi-Family Home
  • Living Space: 1,300 sq.ft.
  • Lot Size: 3,277.88 sq.m.
  • Year Built: 1962
  • Bedrooms: 2
  • Bathrooms: 1
  • Municipal Taxes 2017: $3,952

Property Description

*DEVELOPERS! PRICE REDUCED 20%* ~35,000 square foot flat lot. Currently under rezoning. Development potential as Official Community Plan is being updated to allow for a FAR (floor area ratio) of 1.75.

Convenient location, central Colwood, just a few minutes' walk to Westshore Mall, Royal Roads University. 2 bedroom home, updated in 2014 with windows, floors, wiring. Gas furnace. Potential to finish full height basement. Bright Living room with gas fireplace. Laundry room can be used as Office also. Excellent holding property. Currently generating rental income!

Amenities

  • Backyard
  • Basement - Unfinished
  • City
  • Community Living
  • Curb
  • Den
  • Golf Community
  • Laundry
  • Metropolitan
  • New Development
  • Parking
  • Wood Fence

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Addendum

Surrounded by the Pacific Ocean, the Strait of Georgia and the Inside Passage, Vancouver Island is one of Canada’s finest island getaways. With its vast wilderness, picturesque peaks, temperate climate and fertile soil, this stunning locale is a paradise for those seeking serenity, natural beauty, and enchanting coastal communities.

Unlike much of Canada, Vancouver Island's weather is mild year-round. Spring comes early, with cherry blossom, tulip, and daffodil blooms lit by sparkling ocean sunsets. Summer is close behind, with the first sightings of migrating whales and local fishermen. In fall, a plethora of farms, vineyards, orchards, cideries, and breweries take local culinary culture to world-class levels. Come winter, cars loaded with kayaks, surfboards, paddle boards, skis, and snowboards come out to play, while golfers teeing off, and joggers taking to the trails remain common sights.

Whatever the season, there’s plenty to enjoy on Vancouver Island.

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Home/British Columbia/Greater Victoria/Colwood/MLS 387349