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$589,000
Courtenay
719 / 721 8th Street, Courtenay, British Columbia, V9N1N6
This multi-family property in Courtenay is for sale. It has been on the market 57 days, fresher than the Courtenay average of 93 days.
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:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 57 days on market, against an average age of 93 days across the listings currently for sale in this city
This multi-family in Courtenay has been listed for 57 days, which is 36 days fresher than the city average of 93. Act while there is still low competition.
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Loading rates, 30-yr amortization
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