1530 Willemar Ave | $849,900
John Zhao Agent Photo
John
Zhao*
C. (250) 797-8838
P. (250) 756-2112
Phone John www.johnzhaoproperties.com
SUTTON GROUP-WEST COAST REALTY (NAN)
#604 - 5800 Turner Road
Nanaimo, BC
Canada V9T 6J4

Details

%
Years (35 year max)
Years



Address 1530 Willemar Ave
AreaComox Valley
Sub AreaCourtenay City
State/ProvinceBritish Columbia
CountryCanada
Price$849,900
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)


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About

John Zhao is a BC licensed representative in real estate trading services, serving you from the Sutton Group. Your satisfaction is his utmost aspiration! His highlights include the followings:

First, since 1999, John has lived and worked in Nanaimo, Victoria, and Vancouver. John is very familiar with the local real estate properties, geographical and cultural environment, architectural standards, and requirements and changes in the BC Building Codes. He has firsthand experience in residential construction and renovation including drawing up blueprints, applying for building permits, pouring concrete foundation, framing, installing insulation and air barriers, installing skylight windows, wiring internet / TV cables and electric appliances, installing heating and plumbing systems and roofing while abiding to the Building Code and passing the city examinations. From his experience and insightful knowledge in real estate, John has a thorough grasp of good house locations, building benefits and disadvantages, cost-effectiveness and value-added potentials. John’s extensive background allows him to provide you with invaluable advice on choosing your most desirable real estate properties!

Second,John also has great hands-on experience in home improvements and maintenance. His knowledge encompasses building care, lawn and garden upkeep, water treatment, cooling and heating systems, antifreezing and UV protection, pest control, mildew prevention and other routine maintenance.

Third,John has broad and in-depth social knowledge and resources on how to get help from governments, banks, insurance companies, law offices, schools, health units, religious organizations and communities.

Fourth,John has a diverse educational backgroud with two Master’s degrees; one in Engineering from the University of Science and Technology of China and another in Computer Sciences from Dalhousie University. John was also designated as a Life Insurance Agent by the Insurance Council of BC in 2005. 

John is happy to meet and work with people locally and internationally. He strives for excellence and professionalism when helping you buy or sell properties so you can be assured with his service.