Development opportunity on 18.06 acres with DP application in for a phased development. Located in West Courtenay amidst new high quality residential subdivisions, a desirable development site situated between Courtenay & Cumberland. The property is accessed off the Arden Road corridor offering ease of access to the Parkway, Island Highway, downtown Courtenay, Cumberland, Puntledge River, Comox Lake & Mt. Washington's recreational mecca. DP application in process separates property into 3 parcels with Phase 1 offering 21 residential duplex lots (42 doors); Phase 2 offering 2 single family lots & 2 duplex lots. Central portion dedicated to park land with a portion of phase 2 held for future development. April 2022 appraisal is $6,600,000 'as is' with potential gross lot sale revenue of $13,350,000 or build out to increase profit. Rezone to higher density supported - conceptual - 68 small lots, 176 townhomes, 12x 4 story apartments, mixed 20x duplex, 58 townhomes, 160 apts.
- Price:
- $5,400,000
- Acreage:
- 18.06
- Listing ID #:
- 919519
- Street Address:
- 2201 Ronson Rd
- City:
- Courtenay
- Province:
- British Columbia
- Postal Code:
- V9N 9K2
- County:
- Courtenay
- Community:
- Valley
- Subarea:
- Courtenay West
- Listing Status:
- Active
- Listing Type:
- Land
- View:
- Mountain(s)
- Conforms To Zoning:
- R-2
- Lot Features:
- Acreage, Adult-Oriented Neighbourhood, Central Location, Easy Access, Family-Oriented Neighbourhood, Park Setting, Private, Rectangular Lot, Wooded
- Lot Size:
- 18.06
- Lot Square Footage:
- 786693.6
- Road Type:
- Paved
- Zoning Description:
- Residential
- Days On Market:
- 67
- Originating Mls:
- Victoria Real Estate Board
- Senior Living Community:
- Yes
- Terms:
- Must Be Paid Off, See Remarks
- Ownership:
- Freehold
- Property Taxes:
- $3,646
- Tax Year:
- 2022
- Pet Allowed:
- Aquariums, Birds, Caged Mammals, Cats Ok, Dogs Ok
- Parking Spaces:
- 20
- Existing Water:
- To Lot
- Sewage Type:
- Sewer Available
- Utilities:
- Cable Available, Electricity Available, Natural Gas Available, Phone Available, Underground Utilities, See Remarks
- Listing Provided By Sandy Clark of Royal Lepage Coast Capital - Westshore
