For additional information, please click on Brochure button below.
DP approved...156 Fourplexes.39 FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 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 70 Duplexes, or 35 Single fam w/ suites.
39 x lots @ $479k) = $ 18.7 M
* 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.
* Devp is ripe for 2025 Summer home construction at this great location. Courtenay housing demand, has a significant pent up housing shortage, and very large demand for both affordable homes and also rental units too. (Possible seller or builder financing)
18.7 ACRES (in city limits)
DEVELOPMENT PERMIT ** DP APPROVED**
To access this listing, please create a free account
Listed by Easy List Realty
Data was last updated September 13, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
155
Avg list price:
$629,000
Min list price:
$38,000
Max list price:
$8,950,000
Avg days on market:
60
Min days on market:
1
Max days on market:
547
Avg price per sq.ft.:
$423.4
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.