$849,000

Investment For Sale In Campbell River, British Columbia

$849,000

Property Information:

This 1.28-acre property offers a rare development opportunity in a highly desirable Central Campbell River location. Currently zoned RM-1, the site previously had an approved development permit for 11 free-standing units, showcasing its strong potential and flexibility. Developers can either revive the prior concept or explore rezoning options to further maximize density and unlock additional value. The area is ideally suited for a variety of housing forms, including townhomes, modular homes, or higher-density multi-unit projects. With it's location, size, and multiple pathways for development, this property is a great investment for builders and visionaries looking to create much-needed housing in Campbell River.

Property Features:

  • Annual Tax Amount: $4,886
  • Lot Features: Acreage, Central Location, Cleared, Irregular Lot, Level, Shopping Nearby
  • Lot Frontage: 55757 Square Feet
  • Lot Size: 1.28 Acres
  • Ownership: Freehold/Strata
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Water Source: Municipal
  • Sewer: Sewer Available

Courtesy of: RE/MAX Check Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.