$775,000

House For Sale In Courtenay, British Columbia

$775,000
  • 5

    Bedrooms

  • 3

    Baths

  • 0.50 Acres

    Lot Size

Property Information:

Prime Development Opportunity in Courtenay! This character home on 0.50-acre (2,023 m²) flat, cleared lot, benefiting from new R-SSMUH (Residential Small-Scale Multi-Unit Housing) zoning regulations, enhancing its multifamily development potential. The property has dual lane access and main street frontage, offering flexibility for development. The existing home is at the front third of the lot, allowing for rental income while planning and permits are obtained. The larger property is possible for up to four small-scale multi-unit housing units. These new zoning regulations aim to increase housing supply and diversity, providing affordable housing options. This property is an ideal investment for those looking to capitalize on Courtenay’s evolving real estate market. Whether you are an investor or a developer, this property offers a chance to create a valuable asset in a growing and affordable area of Courtenay.

Property Features:

  • Bedrooms: 5
  • Bathrooms: 3
  • Annual Tax Amount: $5,390
  • Appliances: Dishwasher, F/S/W/D
  • Basement: Not Full Height, Partially Finished
  • Built in: 1944
  • Construction Materials: Insulation: Ceiling, Insulation: Walls, Vinyl Siding
  • Cooling: None
  • Exterior Features: Balcony/Deck, Fencing: Partial, Garden
  • Floor Space (approx): 2369 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In House
  • Lot Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks
  • Lot Frontage: 21780 Square Feet
  • Lot Size: 0.50 Acres
  • Ownership: Freehold
  • Parking Features: Driveway, Open, RV Access/Parking
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Resale
  • Property Sub Type:
  • Road Frontage Type: Lane
  • Road Surface Type: Paved
  • Roof: Asphalt Shingle
  • Water Source: Municipal
  • Window Features: Insulated Windows
  • Zoning: R-SSMUH
  • Zoning Description: Residential
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 5

Rooms:

  • Storage Other level :Lower 1.68 m x 1.12 m
  • Other Main Level 1.65 m x .63 m
  • Kitchen Main Level 4.01 m x 2.90 m
  • Laundry Other level :Lower 1.80 m x 2.69 m
  • Bathroom Other level :Lower 1.52 m x 2.36 m
  • Bathroom Main Level 3.07 m x 2.36 m
  • Dining Main Level 3.56 m x 3.66 m
  • Other Main Level 3.07 m x 4.27 m
  • Bedroom Other level :Lower 7.52 m x 3.68 m
  • Other Other level :Lower 2.44 m x 2.29 m

Courtesy of: Royal LePage In The Comox Valley

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.