Priced significantly under assessed value, re-zoned 1 acre parcel ready to develop & build on. Rezoning approval based on 8 lot proposal. Land is virtually level "Colwood Gravel" - no rock apparent, easy to install services & easy to build on. Zoning allows for houses with legal inlaw suites. Lots 1 & 2 originally reserved for treatment plant - Colwood has approved (02/28/17) amendment of covenant to be Lot 1 only. When sewers arrive, build on Lot 1 too. In a great area - shop at Hatley Park, Westshore Centre & big box stores. Walk to Royal Roads University, schools and parks. Rentable house on the site. In today's market, how else can you get lots? PLEASE do not walk the property without prior permission. Call today.