Colwood

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791 Drummond Way
Co Triangle Colwood V9C 3G6

$3,500,000
Commercial Sale

Main Photo: 791 Drummond Way in Colwood: Co Triangle Unimproved Land for sale : MLS®# 1039393
Photo 1: 791 Drummond Way in Colwood: Co Triangle Unimproved Land for sale : MLS®# 1039393
Photo 2: 791 Drummond Way in Colwood: Co Triangle Unimproved Land for sale : MLS®# 1039393
Photo 3: 791 Drummond Way in Colwood: Co Triangle Unimproved Land for sale : MLS®# 1039393
Photo 4: 791 Drummond Way in Colwood: Co Triangle Unimproved Land for sale : MLS®# 1039393
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
1039393
Approved 43-Unit Townhome Development Opportunity - 791 Drummond Way presents an opportunity to acquire a zoned 43-unit townhome development site within the rapidly evolving market of Colwood. The 4.83-acre site is zoned CD-32 (Comprehensive Development 32) and supports a well-planned collection of spacious two and three-bedroom townhomes designed to meet the increasing demand for family-oriented housing in Greater Victoria. Benefiting from advanced development planning, strong regional connectivity, and proximity to a broad range of amenities, the Property is ideally positioned.
Sales Brochure
Property Type:
Commercial Sale
Type:
Unimproved Land
Commercial Type:
Land
Lease Type:
Sale Price
Listing General Location:
Co Triangle, Colwood
Bathrooms:
- (Full:-/Half:-)
Lot Size:
4.834 acre(s)
Taxes:
$63,554.14 / 2025
Commercial Area:
Western Communities
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Assessed:
3406000.0
Assessment year:
2026
Jurisdiction name:
City of Colwood
Legal Description:
LOT 9, PLAN VIP3294, SECTION 77, ESQUIMALT LAND DISTRICT, EXCEPT PLAN 47033 & 50959
Zoning:
CD32
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
43
Date Listed:
Jun 04, 2026
Original Price:
3500000.0
  • Photo 1: 791 Drummond Way in Colwood: Co Triangle Unimproved Land for sale : MLS®# 1039393
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  • Photo 2: 791 Drummond Way in Colwood: Co Triangle Unimproved Land for sale : MLS®# 1039393
    Photo 2 of 4
  • Photo 3: 791 Drummond Way in Colwood: Co Triangle Unimproved Land for sale : MLS®# 1039393
    Photo 3 of 4
  • Photo 4: 791 Drummond Way in Colwood: Co Triangle Unimproved Land for sale : MLS®# 1039393
    Photo 4 of 4
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Listed by Colliers
Data was last updated August 8, 2026 at 02:05 AM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$2,650,000
Min list price:
$550,000
Max list price:
$17,750,000
Avg days on market:
106
Min days on market:
28
Max days on market:
701
These statistics are generated based on the current listing's property type and located in Colwood. Average values are derived using median calculations. This data is not produced by the MLS® system.
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GUINEVERE HOWES
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.