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1940 Island Hwy, Campbell River, BC, V9W 2G2

MLS® # 983875
new listing
Investment For Sale In Campbell River, British Columbia
$999,900
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
1940 Island Hwy, Campbell River, BC
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Get a home insurance quote online for this $999,900 property in Campbell River

Provided by TD Insurance
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1940 Island Hwy, Campbell River, BC, V9W 2G2
$999,900

Property Information:

Fully leased mixed commercial and residential building in an excellent high visibility location. Commercial level has 12' high overhead doors-two in the front of the building and one in the alleyway, a washroom, one hoist, shop has 200 amp power. Upstairs is a tenanted 4 bedroom apartment with some new flooring, new washing machine and an excellent tenant. Both units on separate hydro meters. Good, carefree cash flow to step in and own, generating $60,500 gross per year.

Property Features:

  • Annual Tax Amount: $9,770
  • Building Features: Indoor Parking, Security System, Shopping Nearby, Transit Nearby, Visual Exposure, Workshop
  • Construction Materials: Block, Frame Wood
  • Exterior Features: Security System, Sign: Allowed, Storefront
  • Floor Space (approx): 4374 Square Feet
  • Heating: Baseboard, Electric, Natural Gas, Radiant Ceiling
  • Lot Features: Level
  • Lot Frontage: 4487 Square Feet
  • Lot Size: 4487.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Industrial
  • Zoning: C-4
  • Sewer:

Courtesy of: RE/MAX Anchor Realty (QU)

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.

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Location of 1940 Island Hwy, Campbell River, BC, V9W 2G2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 1940 Island Hwy , experiences 7 hot days per year at around 27.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past
27.4℃
2050
30.4℃

# Hot Days Per Year

Past
7
2050
26

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

15 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 1940 Island Hwy , experiences 13 significant 2-day storms per year, with about 589.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 692.3mm of precipitation per year.

Precipitation Per Storm

Past
589.9mm
2050
692.3mm

48-Hour Storms Per Year

Past
13
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1940 Island Hwy, Campbell River, BC, V9W 2G2

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$95,630.35

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.74 %

High school certificate or equivalent

33.73 %

Apprenticeship trade certificate/diploma

12.15 %

College/non-university certificate

23.54 %

University certificate (below bachelor)

0.57 %

University Degree

10.27 %

Commuter

Travel To Work

By Car

88.82 %

By Public Transit

0.0 %

By Walking

0.0 %

By Bicycle

1.8 %

By Other Methods

9.38 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

8.94 %

Houses

91.06 %

Own Vs. Rent

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