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1530 Willemar Ave | $775,000
Martin Velsen Agent Photo
Martin Velsen
Martin Velsen
P. (250) 751-1223
 Phone Martin martin@martinvelsen.com martinvelsen.com
RE/MAX OF NANAIMO
#1 - 5140 Metral Drive
 Nanaimo, BC
 Canada V9T 2K8

Details

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Address 1530 Willemar Ave
AreaComox Valley
Sub AreaCourtenay City
State/ProvinceBritish Columbia
CountryCanada
Price$775,000
Property TypeSingle Family
Bedrooms5
Bathrooms3
Floor Space2369 Square Feet
Lot Size21780.00 Square Feet
WaterfrontNo
Year Built1944
Taxes $5,390
Tax Year2024
MLS® #969275

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.

Listed by ROYAL LEPAGE-COMOX VALLEY (CV)

NOTE: VIREB IDX Reciprocity listings are displayed inaccordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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Data Source: Statistics Canada
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About

My family immigrated to Lantzville in the 1880s and I was born in the Old Hospital on Machleary Street in Nanaimo in the 1960s. I grew up in Nanaimo on Departure Bay Road–right across from Rock City School. My father worked at the Biological Station and every landmark brings back memories of a lifetime lived in the same area.

Licensed as a Realtor in 1993, I have been fortunate to be selling real estate and homes in and around the central island area for more than 20 years. Google Earth is amazing, and you feel like you can know a place pretty quickly, but nothing beats having footprints in all the corners. I’ve hiked the local mountains, swam in all the lakes and driven every road. I went to school here, had my first job here, and my dad taught me to drive here. I even remember going through the old A&W (now a Speedy Muffler).

I embrace integrity as the guiding principal to every decision I make. Quite possibly the most important aspect of my relationship with you is our communication. Clear, honest, timely, and accurate communication. As we work together, our relationship will evolve and change, but it’s important that the core value of mutual respect and appreciation for each other’s point of view will always remain.

My mission is simple: to promise a lot and deliver more. How do I do that? By communicating clearly, listening to my clients’ needs, providing remarkable service to clients while keeping in mind my guiding principles, and fairly representing my clients in the attainment of their real estate goals.

To put it simply, I never forget that I am working for you. I hold integrity, strength, honour, family, perseverance, patience, knowledge and balance as key aspects of my life, and apply those values to every part of my work as a real estate agent.

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