Description
For additional information, please click on Brochure button below. Seller financing, VTB or potential JV partnership options. SHOVEL READY ...PLR ISSUED ...DP... approved....PLR issued. Allowed under current zoning on 39 x SSMUH fee simple lots ($170k/ per lot) OPTIONS: 156 Fourplexes 39 Single fam w/ suites, 78 Duplexes w/ suites 121 TRIPLEXES $ 50 k / per door, land cost !! DP approved. Phase 1 is 35 lots for the first 140 homes, or 121 Triplexes, or 70 Duplexes w suites, or just do 35 Single fam w/ suites. 39 x lots @ $410k/ lot) = $ 16.1 M Recent appraisal $7.22M * Buy at half price * V.T.B. options avail. Vendor financing. Joint venture partnership opportunities. OR, rezone as CD multi-fam strata for low rise, 4 level, 355 apt block units on a prime 18.7 AC ''ready to go'' property. Permits in place & trees already cleared & grubbed & internal roads roughed in & pond's already approved & constructed. * Devp is ripe for 2026 home construction at this great location. Courtenay housing crisis 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) (in city limits) DEVELOPMENT PERMIT ** DP APPROVED** PLR is issued (id:2469)
Features
Acreage, Level lot, Private setting
Listing Provided By
Easy List Realty
Neighborhood Info
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Property Details
Real Estate Listing
Provided by:
- Sandy McManus
- Phone: 250-744-3301
- Email: SandyMcManusRealty@shaw.ca
- 4440 Chatterton Way
- Victoria, BC
- V8X 5J2
