589 Ledsham Rd | $1,450,000 | MLS® 1050634
Bruce Gibson Agent Photo
Bruce
Gibson
P. (250) 385-2033
 Phone Bruce
Newport Realty Ltd.
1144 Fort St
 Victoria, BC
 Canada V8V 3K8
MLS® 1050634

Details

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Years (35 year max)
Years



Address 589 Ledsham Rd
AreaColwood
Sub AreaHatley Park
Postal CodeV9C 1J9
State/ProvinceBritish Columbia
CountryCanada
Price$1,450,000
Property TypeSingle Family
Bedrooms3
Bathrooms1
Floor Space1212 Square Feet
Lot Size16553.00 Square Feet
WaterfrontNo
Year Built1955
ParkingAdditional, Driveway, On Street, Open
Parking Spaces20
Taxes $13,216
Tax Year2026
Colisting BrokeragePEMBERTON HOLMES - WESTSHORE
MLS® #1050634

589 Ledsham Road offers builders, investors and commercial owner-users an opportunity to acquire a level development site in Colwood's growing West Shore market. The 16,553 sq. ft. property provides approximately 72.5 ft. of frontage and is located just off the Sooke Road commercial corridor. Community Commercial (C2) zoning permits a broad range of uses, including retail, restaurants, offices, personal services, daycare and fitness facilities. Current zoning allows a maximum 1.0 FAR, representing approximately 16,553 sq. ft. of buildable floor area, with up to 50% lot coverage and a maximum height of three storeys. The property is improved with an approximately 2000 sq. ft. single-family home generating holding income on a month on a month-to-month tenancy, while providing ample storage and parking for commercial activities. A 2021 Phase I ESA did not recommend further Phase II investigation. Development potential is subject to municipal approval and purchaser due diligence.

Listed by Pemberton Holmes - Cloverdale

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About

Bruce Gibson is a longstanding resident of Victoria, BC, having called the island his home since 1951. He spent his university years at the University of British Columbia, studying for a Bachelor of Commerce in Urban Land Economics and completing an in-residence real estate brokerage course. After graduating, he went on to work as a contract property negotiator for Shell Canada Ltd. He joined the Victoria Real Estate Board's Industrial, Commercial, & Investment Division, and has served on the Victoria Board of Governance for Private Industry & Public Service. Always busy, Bruce has also held the position of the Provincial Appointee to the Victoria Police Board, and he and his wife Kristine have enjoyed trips to South Africa, southern Russia, and the Arctic.

Bruce has been a licensed REALTOR® in Victoria for over 30 years, and was the managing broker of Boorman Investments, one of the city's oldest real estate firms, from 1995 to 2002. He possesses extensive experience in all areas of real estate.  He has successfully managed both commercial and residential properties, and works as an agent for both buyers and sellers. He's consistently placed in the top 10% of producers in Victoria for the past 10 years, and has been the recipient of virtually every sales award offered by the Victoria Real Estate Board.

When you work with Bruce, you work directly with him — not with assistants. All clients receive his personal contact numbers so that he can be reached at any time of day. Feel free to contact him for a reference list.