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$5,400,000
Lot 3 Ronson Rd, Courtenay, BC V9N 9K2
0 Beds
0 Baths
n/a SqFt

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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