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719 / 721 8th St
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719 / 721 8th St

Courtenay, British Columbia V9N1N6

$589,000

MLS® 1048896

1949

Year Built

Multi-family

Type

9,583 square feet

Lot Size

Description

This 3-bedroom, 2-bathroom rancher is currently tenanted, so there's income coming in while you decide what's next. It sits on two separate lots totalling roughly 9,583 sq. ft. With a 6-foot partial basement, detached garage, fenced yard and lane access, all in a highly walkable spot close to downtown shops, restaurants, services, recreation and transit. R4-B zoning opens the door to multi-residential and other permitted uses. A completed topographical survey and preliminary architectural work are already in hand, including one concept exploring around 14 missing-middle homes using smaller ground-oriented buildings and the existing lane network. It's a good starting point, or bring your own vision. Courtenay's OCP points to increased downtown density and future 5 to 8-storey buildings in this area. That's long-term planning direction, not current as-of-right now. Any redevelopment would still go through zoning, servicing, design and municipal approvals. (id:65701)

Property Details

Ownership Freehold
Annual Taxes $5,501.00
Heating Baseboard heaters, Forced air, Electric
Cooling None
Lot Features Central location, Level lot, Other, Rectangular
Structure Multi-Family
View Mountain view

Listed by

Engel & Volkers Vancouver Island North

Vancouver Island

Interested in this property?

Contact Kara Call 604.328.8000
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