iGUIDE 3D allows you to walk through the property in 3d
Sutton*
4201 Johnston Rd.
Port Alberni, BC
Canada V9Y 5M8
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)
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.
Location
iGUIDE 3D
About
I am a hometown girl. Born & raised in Port Alberni, I love this community and our West Coast lifestyle. Port Alberni truly is the Heart of the Island, and I can't wait to help you explore the potential here. I am blessed to be part of this close knit community surrounded by the raw natural beauty of Vancouver Island.
With over 14 years in Real Estate, I know attention to detail and open & frequent communication play a big part in my success. Providing the BEST customer service is my number one goal; I love what I do, and it shows! Whether you are buying or selling, I look forward to speaking with you to discuss your Real Estate needs further. Contact me at 250-720-6804 or via email at sonjasutton1@gmail.com.