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)
Living Area:
1,212 sq. ft.113 m2
Listing General Location:
Co Hatley Park, Colwood
Bedrooms:
3
Bathrooms:
1.0
(Full:-/Half:-)
Lot Size:
16,553 sq. ft.1,538 m2
Kitchens:
1
Taxes:
$13,216 /
2026
Construction:
Frame Wood
New Construction:
No
Basement:
Full, Partially Finished
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Total Building Area:
1,972 sq. ft.183 m2
Total Unfinished Area:
760 sq. ft.70.6 m2
# 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.86.8 m2
Living Area Main Floor:
1,038 sq. ft.96.4 m2
Living Area Other Floor:
582 sq. ft.54.1 m2
Living Area 2nd Floor:
0 sq. ft.0 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Septic System
Cooling:
Air Conditioning
Heating:
Electric
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Bedroom
9'8"2.95 m × 9'1"2.77 m
Main Floor
Kitchen
16'4.88 m × 13'7"4.14 m
Main Floor
Dining Room
11'11"3.63 m × 4'8"1.42 m
Main Floor
Living Room
15'4.57 m × 11'8"3.56 m
Main Floor
Bedroom
12'4"3.76 m × 7'5"2.26 m
Main Floor
Bedroom - Primary
11'4"3.45 m × 11'1"3.38 m
Floor
Ensuite
Pieces
Other
Main Floor
No
4
7'5" x 4'8" 4-Piece
Assessed:
1229700.0
Assessment year:
2026
Jurisdiction name:
City of Colwood
Legal Description:
LOT 3, PLAN VIP1588, SECTION 70, ESQUIMALT LAND DISTRICT
Listed by Pemberton Holmes Ltd. and Pemberton Holmes - Westshore
Data was last updated September 26, 2026 at 04:05 PM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$829,900
Min list price:
$485,000
Max list price:
$1,700,000
Avg days on market:
43
Min days on market:
1
Max days on market:
209
Avg price per sq.ft.:
$467.83
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.