1530 Willemar Avenue, Courtenay, British Columbia V9N3M3 is For Sale and has a listing price of 749,000. The property is located in the Courtenay neighbourhood. It's been on the website for 35 Days.
Prime Development Opportunity in Courtenay! Discover an excellent opportunity for development in an affordable area of Courtenay. This character home is situated on a 0.504-acre (2,023 m²) a flat and mostly cleared lot, now benefiting from the New R-SSMUH (Residential Small-Scale Multi-Unit Housing) zoning regulations, which significantly enhance its potential for multifamily development. The property boasts dual lane access and main street frontage, offering flexibility and ease for development projects. The existing home is positioned at the front third of the lot, allowing for rental income while planning and permits are obtained for further development. The larger back two-thirds of the property is ideally suited for constructing small-scale multi-unit housing units. These new zoning regulations are part of a strategic initiative to increase housing supply and diversity, providing a range of affordable housing options. This property represents an ideal investment for those looking to capitalize on Courtenay’s evolving real estate market. This is a unique opportunity to develop a prime piece of real estate with significant potential for return on investment. Whether you are an investor or a developer, this property offers a substantial chance to create a valuable asset in a growing and affordable area of Courtenay. (id:43137)
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 12/03/2024 | 981670 | $749,000 | For Sale | - | - |
| 07/10/2024 | 969275 | $849,900 | For Sale | - | - |
| Other - Lower | 8 ft x Measurements not available |
| Storage - Lower | 5'6 x 3'8 |
| Storage - Lower | 3'3 x 5'3 |
| Laundry room - Lower | 5'11 x 8'10 |
| Bedroom - Lower | 24'8 x 12'1 |
| Bedroom - Lower | 13'9 x 13'2 |
| Bedroom - Lower | 14'6 x 12'10 |
| Bathroom - Lower | 5 ft x Measurements not available |
| Other - Main | 5'5 x 2'1 |
| Mud room - Main | 13 ft x Measurements not available |
| Living room - Main | 14'3 x 10'9 |
| Kitchen - Main | 13'2 x 9'6 |
| Kitchen - Main | 13'2 x 12'2 |
| Dining room - Main | Measurements not available x 12 ft |
| Primary Bedroom - Main | Measurements not available x 14 ft |
| Bedroom - Main | 8'1 x 10'11 |
| Bathroom - Main | 7'7 x 4'11 |
| Bathroom - Main | 10'1 x 7'9 |