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The # of FEE SIMPLE lots has now TRIPLED. The yield's also increased 5 fold, from 30 homes (15 x duplex lots) to now 160 homes (40 x fourplex lots) !!! 160 homes under current new zoning. DP approved. Phase 1 is 35 lots for the first 140 homes OR, rezone as CD multifam strata for 350 - 500 units on the 18.7 AC prime property.
Permits in place & trees already cleared, internal roads roughed in and $250k pond's constructed.
* Devp is ripe for 2025 Spring/ Summer construction at this great location. Courtenay has a significant housing shortage, and pent up demand for both affordable homes and also rental units.
18.7 ACRES (in city limits)
DEVELOPMENT PERMIT ** DP APPROVED**.
Vendor financing available, additional fees may apply
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Listed by Easy List Realty
Data was last updated February 24, 2025 at 12:05 AM (UTC)
Area Statistics
Listings on market:
133
Avg list price:
$594,900
Min list price:
$46,900
Max list price:
$8,970,000
Avg days on market:
46
Min days on market:
2
Max days on market:
1,014
Avg price per sq.ft.:
$431.98
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.