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Meiner
Phone Darren
#2 - 3179 Barons Rd
Nanaimo, BC
Canada V9R 5B3
Details
Address | 1530 Willemar Ave |
Area | Comox Valley |
Sub Area | Courtenay City |
State/Province | British Columbia |
Country | Canada |
Price | $849,900 |
Property Type | Single Family |
Bedrooms | 5 |
Bathrooms | 3 |
Floor Space | 2369 Square Feet |
Lot Size | 21780.00 Square Feet |
Waterfront | No |
Year Built | 1944 |
Taxes | $5,390 |
Tax Year | 2024 |
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)
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Location
iGUIDE 3D
About
Darren grew up in the Cowichan Valley and literally knows the Valley like the back of his hand. His local knowledge will impress you. Having moved away from the Valley for University, obtaining a Bachelor’s degree in Biochemistry, he then pursued different occupations and has worked as a tree-planter, crew boss, provincial heli-attack fire fighter and ski patroller. Darren now truly understands what a special place the Cowichan Valley is. He is extremely proud to show off this area and is excited to see his children growing up here.