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1530 Willemar Ave | $775,000
Willow MacLean Agent Photo
Willow
MacLean
C. (250) 886-6821
 P. (250) 478-0779
 Phone Willow www.WillowMacLeanRealty.ca
Pemberton Holmes - Westshore
103-814 Goldstream Ave
 Victoria, BC
 Canada V9B 2X7

Details

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Years



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.

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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