1530 Willemar Ave | $849,900
Peter Allan Agent Photo
Peter
Allan
C. (250) 221-0214
 P. (250) 537-5553
 Phone Peter peterallan.ca
Pemberton Holmes - Salt Spring
1101-115 Fulford-ganges Rd
 Salt Spring Island, BC
 Canada V8K 2T9

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.

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.

Location

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About

Peter has always been a believer in the life-enhancing aspects of property ownership. He embraces this, not just in terms of its role in creating financial security and a legacy for our children, but in the grounding and transformational aspects of owning one’s home and having a family nest to feather. This long-standing belief and almost 40 years of experience investing in real estate, has inspired Peter to join his colleagues at Pemberton Holmes in connecting people to place. Your place. 
As Peter says, “home is a shelter for dreams.”

Peter lives on Salt Spring Island where he is raising two teenagers with his wife Lynda. For many years Peter co-owned and operated Salt Spring Kayak and Cycle. Peter is grateful to have made Salt Spring Island his home for more than 35 years. He is past president of the Chamber of Commerce and founding Director of the Salt Spring Institute for Sustainability, Education and Action. With a degree in Art History he is a practicing artist and the past president of the Salt Spring Gallery. He looks forward to engaging with you in the art of the possible when it comes to your real estate hopes and dreams.

Testimonial:
"I want to take this opportunity to express my admiration for, trust in, and appreciation of Peter Allan. My situation was unique dealing with my parents both 94 years of age. Peter is a true professional and a genuinely down-to-earth nice guy. To be compassionate is not just to tell someone that you care, but also to show them that you care by being there before they even are asked, and Peter did just that. I think you'd be hard-pressed to find a better Realtor. Peter thank you!" Neil M.