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B.
P.o. Box 1443 - 516 1st Avenue
Ladysmith, BC
Canada V9G 1A7
Details
Address | 1530 Willemar Ave |
Area | Comox Valley |
Sub Area | Courtenay City |
State/Province | British Columbia |
Country | Canada |
Price | $775,000 |
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.
Pemberton Holmes Ltd. has been in business serving the Vancouver Island area since 1887 helping people with their Real Estate needs. Much of Vancouver Island is now serviced with Homes For Sale in areas such as Victoria, Sidney, Saanich, Esquimalt, Colwood, View Royal, Oak Bay, Cordova Bay, Brentwood Bay, Saanichton, Langford, Metchosin, West Shore, Sooke, Mill Bay, Cobble Hill, Cowichan Bay, Shawnigan Lake, Duncan, Cowichan Valley, Chemainus, Crofton, Ladysmith, Lake Cowichan, Salt Spring Island, Nanaimo, Parksville, Courtenay, Comox, Bowser as well as Hornby Island.
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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About
I do things with your best interests in mind!
I am a professional Real Estate agent specializing in the Cowichan Valley on Vancouver Island, BC. I love this area, and I know you will too!
Here’s three quick reasons why working with me is beneficial to my clients:
- Loyalty: As your Real Estate Professional, I work tirelessly on your behalf to represent your best interests in any real estate transaction.
- Confidentiality: I will hold all information you disclose to me in the strictest of confidence.
- Full Disclosure: I will give you all the facts that are relevant to your decision.
My career choice to become a Realtor was the culmination of 35 years of professional experience. I have at various times been a Mortgage and Loans Office ; a certified Financial Planner, and an Adult Education Teacher of Economics, Accounting, HR, Marketing, Business Law and Customer Service. After that, I was in the Plumbing and Heating Industry for over 15 years!
Needless to say, my experience has given me a comprehensive, holistic perspective on Real Estate, and literally everything that goes into it. I’m able to help you get what you need from the bank, I can explain contracts simply and respectfully, and I can describe housing components easily.
Whether you are a buyer or a seller, I am confident that I can offer you top quality service. Simply give me a call and see for yourself.
I look forward to hearing from you!