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589 Ledsham Rd
Co Hatley Park Colwood V9C 1J9

$1,450,000
Residential beds: 3 baths: 1.0 1,212 sq. ft. built: 1955

Main Photo: 589 Ledsham Rd, Colwood
Photo 1: 589 Ledsham Rd, Colwood
Photo 2: 589 Ledsham Rd, Colwood
Photo 3: 589 Ledsham Rd, Colwood
Photo 4: 589 Ledsham Rd, Colwood
Photo 5: 589 Ledsham Rd, Colwood
Photo 6: 589 Ledsham Rd, Colwood
Photo 7: 589 Ledsham Rd, Colwood
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Photo 9: 589 Ledsham Rd, Colwood
Photo 10: 589 Ledsham Rd, Colwood
Status:
Active
Prop. Type:
Residential
MLS® Num:
1050634
Bedrooms:
3
Bathrooms:
1
Year Built:
1955
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.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1955 (Age: 71)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
1,212 sq. ft.
Listing General Location:
Co Hatley Park, Colwood
Bedrooms:
3
Bathrooms:
1.0 (Full:-/Half:-)
Lot Size:
16,553 sq. ft.
Kitchens:
1
Taxes:
Construction:
Frame Wood
New Construction:
No
Basement:
Full, Partially Finished
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Ceiling Heights:
Total Building Area:
1,972 sq. ft.
Total Unfinished Area:
760 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
3
# Second Level Bedrooms:
0
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
0
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
934 sq. ft.
Living Area Main Floor:
1,038 sq. ft.
Living Area Other Floor:
582 sq. ft.
Living Area 2nd Floor:
0 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Septic System
Cooling:
Air Conditioning
Heating:
Electric
Fireplace:
No
Pending Date:
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Floor
Ensuite
Pieces
Other
Main Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Colwood
Legal Description:
Zoning:
c2
Units in Building:
Units in Community:
Number of 2 piece baths:
0
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
0
Property Condition:
Resale
Exposure / Faces:
East
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
0
Garage:
No
Parking Features:
Additional Parking, Driveway, On Street, Open
Total Parking Spaces:
20
Total Units:
Date Listed:
Sep 25, 2026
Original Price:
1450000.0
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Listed by Pemberton Holmes Ltd. and Pemberton Holmes - Westshore
Data was last updated September 25, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
16
Avg list price:
$789,450
Min list price:
$485,000
Max list price:
$1,700,000
Avg days on market:
43
Min days on market:
10
Max days on market:
208
Avg price per sq.ft.:
$465.27
These statistics are generated based on the current listing's property type and located in Co Hatley Park. Average values are derived using median calculations. This data is not produced by the MLS® system.
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MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.