Lot1-legal Sooke Rd, Colwood
Colwood Corners · Mixed Use · MLS® 1012424 · Listed Aug 30, 2025
PRIME DEVELOPMENT SITE IN COLWOOD CORNERS neighbouring new residential & commercial mixed use development opposite the prestigious Royal Colwood Golf course. ALL restrictive covenants have been REMOVED and the site is now ready for your development proposal. This is the heart of Colwood with recreational facilities, shopping, transit, sports fields and Esquimalt Lagoon close by. The lot is 23,458sqft currently zoned R1 however the OCP is designated COLWOOD CORNERS & TRANSIT ORIENTED CORRIDOR permitting higher density 4.5 FAR. The municipality is focusing the highest density along the Sooke Road, Goldstream and Wale Road corridor with recent approvals in excess of 30+ story buildings. The property offers approximately 195'83 feet frontage along Colwood Crescent and 99'76 feet frontage along Sooke Road with rear road frontage along Colwood Crescent. BUYERS MUST DO THEIR OWN DUE DILIGENCE RE DEVELOPMENT BEFORE SUBMITTING AN OFFER. The seller and tenant will rent back at market rates
| Property Type | Mixed Use |
| Lot Size | 23,478 sqft (0.54 acres) |
| Lot Features | Adult-Oriented Neighbourhood, Central Location, Cleared, Corner Lot, Easy Access, Family-Oriented Neighbourhood, Level, Near Golf Course, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, See Remarks |
| Parking | 20 spaces |
| Heating | Forced Air, Oil |
| Exterior | Frame Wood, Stucco, Stucco & Siding |
| Foundation | Concrete Perimeter, Slab |
| Flooring | Carpet, Hardwood, Linoleum, Tile |
| Water | Municipal, To Lot, Well: Shallow |
| Sewer | Sewer Connected, Sewer To Lot |
| Taxes | $3,676 (2024) |
| Extras | Fixtures,Parking,Real Estate |
| MLS® # | 1012424 |
| Brokerage | Macdonald Commercial Real Estate Services Ltd. |
Similar properties sold within 6 months
Colwood Corners single-family averages, updated daily. See Colwood Corners market stats or Colwood market stats.
Lot1-legal Sooke Rd, Colwood sold on January 30, 2026, after 153 days on the market.
The sold price is available free with an 8X account; it was listed at $2,200,000. It is shown publicly once the sale is registered with BC Assessment.
It was on the market for 153 days, from August 30, 2025 to January 30, 2026.
It has 20 parking spaces.
The lot is 23,478 sqft (0.54 acres).
Colwood is currently a seller's market: median sold price $825,000, 3 months of inventory, homes typically selling in about 28 days.
The median house sold price in Colwood Corners is $825,000, based on 5 sales over the past 12 months. The median price per square foot is $413. Compare asking prices across the houses currently for sale in Colwood Corners.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 17, 2026.
