589 Ledsham Rd | $1,450,000 | MLS® 1050634
Matt Eide Agent Photo
Matt
Eide
P. (250) 385-2033
 Phone Matt
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

About Matt Eide

A Pure Real Estate Enthusiast

As a third generation BC REALTOR®, Matt has made property development and the real estate industry his life's focus. Matt personally has over 10 years of property development and income property experience which to assist clients in making the perfect real estate decision.

Matt’s clients will tell you that it’s his enthusiasm for real estate, professionalism and industry knowledge that allows him to provide outstanding service to his clients. Matt understands not only that buying and selling real estate is the single largest financial decision an individual will make, but that there are other aspects beyond just the look and feel of the property, that can put a client years ahead financially. Understanding that real estate is one of the best self-made retirement plans, Matt can help you develop a plan that works for you in the short term and shapes your financial future for the long term.

Matt was born and raised on Salt Spring Island, completed a Bachelor of Commerce degree at Royal Roads University and stayed in Victoria for the perfect blend of west coast urban living and picturesque natural beauty that it offers. Matt's history with Victoria, combined with his property development and income property management in the city give him a unique perspective with which to help a client find the ideal property in one of Victoria's many fantastic neighborhoods.

Matt takes professional and personal pride in keeping his clients abreast of market trends, news and the many in-depth subtleties of purchasing and selling real estate in Victoria. Specializing in single family homes and revenue properties, Matt will use his broad experience to help you reach your real estate goals.