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SHOVEL READY ........PLR ISSUED ...DP.. approved....156 Fourplexes...39 FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 121 TRIPLEXES, Under current new Zoning/ Approvals.
List price is only $ 57 k / per door, land cost !!!
DP approved. Phase 1 is 35 lots for the first 140 homes, or 121 Triplexes, or 70 Duplexes w suites, or 35 Single fam w/ suites.
39 x lots @ $479k) = $ 18.7 M
* Buy at half price *Vendor financing available, additional fees may apply
OR, rezone as CD multi-fam strata for 4 level ads, 355 units 455 apt units on this prime 18.7 AC "ready to go" property.
18.7 ACRES (in city limits)
DEVELOPMENT PERMIT ** DP APPROVED**
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Listed by Easy List Realty
Data was last updated September 19, 2025 at 08:05 AM (UTC)
Area Statistics
Listings on market:
152
Avg list price:
$634,450
Min list price:
$38,000
Max list price:
$8,945,555
Avg days on market:
59
Min days on market:
1
Max days on market:
553
Avg price per sq.ft.:
$426.23
These statistics are generated based on the current listing's property type
and located in
CV Courtenay City. Average values are
derived using median calculations. This data is not produced by the MLS® system.