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 your revenue. Rezone to higher density supported - conceptual - 68 small lots, 176 townhomes, 12 x 4 story apartments, mixed 20 x duplex, 58 townhomes, 160 apts.
- Price:
- $5,400,000
- Acreage:
- 18.06
- Listing ID #:
- 919611
- Street Address:
- Lot 3 Ronson Rd
- City:
- Courtenay
- Province:
- British Columbia
- Postal Code:
- V9N 9K2
- County:
- Courtenay
- Community:
- Valley
- Subarea:
- Courtenay City
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Conforms To Zoning:
- R-2 Residential
- Lot Features:
- Acreage, Adult-Oriented Neighbourhood, Central Location, Easy Access, Family-Oriented Neighbourhood, Marina Nearby, Near Golf Course, No Through Road, Park Setting, Private, Quiet Area, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, See Remarks
- Lot Size:
- 18.06
- Lot Square Footage:
- 786693.6
- Road Type:
- Paved, Unimproved
- Days On Market:
- 64
- Excluded:
- Real Estate
- Included In Sale:
- Real Estate, See Remarks
- Originating Mls:
- Victoria Real Estate Board
- Senior Living Community:
- Yes
- Terms:
- Must Be Paid Off
- Ownership:
- Freehold
- Property Taxes:
- $3,646
- Tax Year:
- 2022
- Parking Description:
- On Site
- Existing Water:
- Municipal, To Lot
- Sewage Type:
- Sewer Available, Sewer To Lot
- Utilities:
- Electricity Available, Phone Available
- Listing Provided By Sandy Clark of Royal Lepage Coast Capital - Westshore
