Courtenay, BC V9N3M3,1530 Willemar Ave
Courtenay, BC V9N3M3,1530 Willemar Ave
Courtenay, BC V9N3M3,1530 Willemar Ave
Courtenay, BC V9N3M3,1530 Willemar Ave
Courtenay, BC V9N3M3,1530 Willemar Ave
Courtenay, BC V9N3M3,1530 Willemar Ave
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$ 775,000
Est. payment | /mo

5 Beds

3 Baths

2,369 SqFt


$ 775,000
Est. payment | /mo

5 Beds

3 Baths

2,369 SqFt

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,369 sqft

Price per Sqft $327

Subdivision Courtenay City

MLS® Listing ID 969275

Bedrooms 5

Originating Board Vancouver Island Real Estate Board

Year Built 1944

Lot Size 0.500 Acres

Acres 21780.0

Property Description

Prime Development Opportunity in Courtenay! Discover an excellent opportunity for development in an affordable area of Courtenay. This character home is situated on a 0.504-acre (2,023 m²) a flat and mostly cleared lot, now benefiting from the New R-SSMUH (Residential Small-Scale Multi-Unit Housing) zoning regulations, which significantly enhance its potential for multifamily development. The property boasts dual lane access and main street frontage, offering flexibility and ease for development projects. The existing home is positioned at the front third of the lot, allowing for rental income while planning and permits are obtained for further development. The larger back two-thirds of the property is ideally suited for constructing up to four small-scale multi-unit housing units. These new zoning regulations are part of a strategic initiative to increase housing supply and diversity, providing a range of affordable housing options. This property represents an ideal investment for those looking to capitalize on Courtenay’s evolving real estate market. This is a unique opportunity to develop a prime piece of real estate with significant potential for return on investment. Whether you are an investor or a developer, this property offers a substantial chance to create a valuable asset in a growing and affordable area of Courtenay. (id:24570)

Location

Province BC

Zoning Residential

Rooms

Extra Room 1 Lower level 8 ft x Measurements not available Other

Extra Room 2 Lower level 5'6 x 3'8 Storage

Extra Room 3 Lower level 3'3 x 5'3 Storage

Extra Room 4 Lower level 5'11 x 8'10 Laundry room

Extra Room 5 Lower level 24'8 x 12'1 Bedroom

Extra Room 6 Lower level 13'9 x 13'2 Bedroom

Interior

Heating Forced air,

Cooling None

Exterior

Garage No

Waterfront No

View Y/N No

Total Parking Spaces 5

Private Pool No

Others

Ownership Freehold

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Listed by Royal LePage-Comox Valley (CV)
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+1(613) 867-6426

zoe@zoebrown.ca

Ottawa, ON, Canada

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1530 Willemar Ave