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39 FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 156 Fourplexes. Under current new Zoning/ Approvals.
DP approved. Phase 1 is 35 lots for the first 140 homes, or 70 Duplexes, or 35 Single fam w/ suites.
39 FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 156 Fourplexes. Under current new Zoning/ Approvals.
DP approved. Phase 1 is 35 lots for the first 140 homes, or 70 Duplexes, or 35 Single fam w/ suites.
39 x lots @ $479k) = $ 18.7 M less $2.2M remaining servicing costs is net $16.5 M residual value. * Buy at half price *
OR, rezone as CD multi-fam strata for 450 apt units on this prime 18.7 AC "ready to go" property.
Permits in place & trees already cleared & grubbed & internal roads roughed in & pond's already constructed.
18.7 ACRES (in city limits)
DEVELOPMENT PERMIT ** DP APPROVED**
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Listed by Easy List Realty
Data was last updated April 25, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
165
Avg list price:
$596,000
Min list price:
$41,900
Max list price:
$8,950,000
Avg days on market:
45
Min days on market:
1
Max days on market:
1,074
Avg price per sq.ft.:
$441.78
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.