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