$8,970,000

Vacant Land For Sale In Courtenay, British Columbia

$8,970,000

Property Information:

For additional information, please click on Brochure button below. The # of FEE SIMPLE lots has now TRIPLED. The yield's also increased 5 fold, from 30 homes (15 x duplex lots) to now 160 homes (40 x fourplex lots) !!! 160 homes under current new zoning. DP approved. Phase 1 is 35 lots for the first 140 homes OR, rezone as CD multifam strata for 350 - 500 units on the 18.7 AC prime property. Permits in place & trees already cleared, internal roads roughed in and $250k pond's constructed. * Devp is ripe for 2025 Spring/ Summer construction at this great location. Courtenay has a significant housing shortage, and pent up demand for both affordable homes and also rental units. 18.7 ACRES (in city limits)DEVELOPMENT PERMIT ** DP APPROVED**. Vendor financing available, additional fees may apply

Property Features:

  • Bedrooms: 0
  • Bathrooms: 0
  • Annual Tax Amount: $6,000
  • Lot Features: Acreage, Level, Private
  • Lot Frontage: 814572 Square Feet
  • Lot Size: 18.70 Acres
  • Ownership: Freehold
  • Parking Features: Additional Parking
  • Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
  • Property Condition: Land Value Only
  • Property Sub Type: Land
  • Road Surface Type: Paved
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • View: Mountain(s)
  • Water Source: Municipal
  • Zoning: R-SSMUH
  • Zoning Description: Residential
  • Sewer: Sewer To Lot
  • No. of Parking Spaces: 10

Courtesy of: Easy List Realty

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