Rezoned multifamily site (rental or condo) in Colwood permitting 180 units. The DP has expired, however, the Seller will provide the Buyer the time and cooperation to reinstate a new DP for plans suitable to the Buyer and the City of Colwood. Property is adjacent to Havenwood Park; a majestic 40-acre forest with a network of hiking trails. An additional 3.71-acres of forest/wetlands to the west of the Property will be donated by the owner to the City of Colwood to expand the park which forms part of the community amenity contribution. Seller has paid for and completed the upgrade of the storm water line and hydro line along Veterans Memorial Parkway to the Property.