New

Development Opportunity! Two separate lots with R4-B zoning

CA$640,000
  • ~159 m² Total surface
  • Construction year 1949

Description

This 3-bedroom, 2-bathroom rancher is currently tenanted, so there's income coming in while you decide what's next. It sits on two separate lots totalling roughly 9,583 sq. ft. With a 6-foot partial basement, detached garage, fenced yard and lane access, all in a highly walkable spot close to downtown shops, restaurants, services, recreation and transit. R4-B zoning opens the door to multi-residential and other permitted uses. A completed topographical survey and preliminary architectural work are already in hand, including one concept exploring around 14 missing-middle homes using smaller ground-oriented buildings and the existing lane network. It's a good starting point, or bring your own vision. Courtenay's OCP points to increased downtown density and future 5 to 8-storey buildings in this area. That's long-term planning direction, not current as-of-right now. Any redevelopment would still go through zoning, servicing, design and municipal approvals.
Features
Air-conditioning
engel & völkers shop image

Engel & Völkers Courtenay

Your advisor: Aaron Kuehl

Property ID: AM-5532902

Property details
  • Property type

    Investment

  • Total surface

    ~159 m²

Request all property details

Get more information about this property

I agree with the processing of my data for the purpose of searching for properties and being contacted by 1173669 B.C. LTD.. If I provide my telephone number, I also consent to being contacted by telephone. My above data may be passed on to a suitable local license partner from the Engel & Völkers Group for the purpose of establishing contact.

You can find out in detail which data 1173669 B.C. LTD. stores, what rights you have in this context, and how to revoke your consent for the future at any time in the privacy policy.

  • Receive full property details.

  • Get in touch with an advisor.

  • Confidential - data stays with E&V.

Nearby properties

These homes might interest you

Your shop

Engel & Völkers Courtenay

engel & völkers shop image

Provider:

1173669 B.C. LTD.

Privacy policy of content provider

License partner of Engel & Volkers Canada Inc.

wavy pattern