Prime 10.4 acre property within the City of Courtenay, offering excellent potential for rezoning and subdivision. The city’s newly-created R1.0 Small-Scale Multi-Family Housing (SSMFH) zoning provides the possibility for a 4-plex on each subdivided lot. Conveniently located just 4 minutes from the Island Highway or downtown Courtenay, and only 12 minutes to the hospital. Also, only a 35-minute drive to Mt. Washington Ski Resort, an attractive feature for future residents. Positive discussions with the city have taken place regarding future development possibilities. Approximately 10% of the property has been cleared, with the remainder featuring valuable standing timber. Contact us for more information and explore this exciting opportunity.
Data was last updated November 24, 2024 at 10:05 AM (UTC)
Area Statistics
Listings on market:
14
Avg list price:
$1,019,950
Min list price:
$565,000
Max list price:
$4,499,000
Avg days on market:
68
Min days on market:
3
Max days on market:
208
Avg price per sq.ft.:
$507.88
These statistics are generated based on the current listing's property type
and located in
CV Courtenay West. Average values are
derived using median calculations.