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1530 Willemar Ave Courtenay, British Columbia V9N 3M3

5 Bedroom 3 Bathroom 2369 sqft
None Forced Air

$849,900

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 up to four 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:57150)

Property Details

MLS® Number 969275
Property Type Single Family
Neigbourhood Courtenay City
Features Central Location, Level Lot, Southern Exposure, See Remarks, Other, Rectangular
Parking Space Total 5

Building

Bathroom Total 3
Bedrooms Total 5
Constructed Date 1944
Cooling Type None
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 2369 Sqft
Total Finished Area 2369 Sqft
Type House

Land

Acreage No
Size Irregular 0.5
Size Total 0.5 Ac
Size Total Text 0.5 Ac
Zoning Description R-ssmuh
Zoning Type Residential

Rooms

Level Type Dimensions
Lower Level Other 8 ft x Measurements not available
Lower Level Storage 5'6 x 3'8
Lower Level Storage 3'3 x 5'3
Lower Level Laundry Room 5'11 x 8'10
Lower Level Bedroom 24'8 x 12'1
Lower Level Bedroom 13'9 x 13'2
Lower Level Bedroom 14'6 x 12'10
Lower Level Bathroom 5 ft x Measurements not available
Main Level Other 5'5 x 2'1
Main Level Mud Room 13 ft x Measurements not available
Main Level Living Room 14'3 x 10'9
Main Level Kitchen 13'2 x 9'6
Main Level Kitchen 13'2 x 12'2
Main Level Dining Room Measurements not available x 12 ft
Main Level Primary Bedroom Measurements not available x 14 ft
Main Level Bedroom 8'1 x 10'11
Main Level Bathroom 7'7 x 4'11
Main Level Bathroom 10'1 x 7'9

https://www.realtor.ca/real-estate/27163282/1530-willemar-ave-courtenay-courtenay-city

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Travis Nelson
Personal Real Estate Corporation

(250) 334-3124
realestatecomoxvalley.ca/
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Royal LePage-Comox Valley (Cv)
#121 - 750 Comox Road
Courtenay, British Columbia V9N 3P6

(250) 334-3124
(800) 638-4226
(250) 334-1901

Nikki Nelson

(250) 334-3124

Royal LePage-Comox Valley (Cv)
#121 - 750 Comox Road
Courtenay, British Columbia V9N 3P6

(250) 334-3124
(800) 638-4226
(250) 334-1901

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