1530 Willemar Ave | $775,000
Ron Williams Agent Photo
Ron
Williams
P. (250) 245-2252
Phone Ron
ROYAL LEPAGE NANAIMO REALTY LD
410a 1st Ave., Po Box 1300
Ladysmith, BC
Canada V9G 1A9

Details

%
Years (35 year max)
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.


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

Use two fingers to move the map
Street View Satellite
Use two fingers to scroll demographics
Data Source: Statistics Canada
THE DATA PROVIDED SHOULD BE USED AS A GUIDE ONLY. FOR UP TO DATE REFERENCE MATERIAL, CONSULT WITH INDIVIDUAL REGIONAL WEBSITES.
(click to close)

iGUIDE 3D

iGUIDE 3D allows you to walk through the property in 3d

View iGUIDE 3D

About

Ron Williams & Greg Buchanan have lived in and been involved in the Nanaimo-Ladysmith communities for over 90 years and have been licensed REALTORS® for over 52 years combined. We believe that buying or selling a home is one of life’s biggest adventures and we are passionate about using our skills to make that experience satisfying and rewarding for you. As REALTORS, we strive to build our careers on honesty and integrity. We are committed to working hard to ensure our clients’ best interests are always served. As long-term local residents, we have gained valuable knowledge that will be a benefit to our clients. We have helped clients buy and sell hundreds of properties and will put this expertise to work for you. We understand that no two clients are the same and we are committed to listening to your needs and tailoring our approach to meet them. To ensure that you understand every step of the process, we will effectively communicate with you which eliminates stress and confusion. As your REALTOR, we will be a valuable resource in connecting you to building inspectors, mortgage brokers, lawyers and notaries, contractors, and other professionals. Thank you for allowing us to present ourselves to you. We are excited about the opportunity to serve you in your real estate needs. You can contact us anytime through the office. We are at your service. We promise to work extremely hard for you in buying or selling property. We have hundreds of satisfied repeat customers, both buyers and sellers. We look forward to the opportunity for working for you.