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$2,900,000

827 Alder St, Campbell River, BC, V9W 2P4

MLS® # 988747

Property Information:

Attention Developers & Investors! Don't miss this rare opportunity to own a prime multi-family future development property in the growing community of Campbell River, BC. This exceptional package includes four contiguous properties—one vacant lot, one apartment building, and two residential lots currently rented to 10 tenants, providing immediate rental income.With a total land size of 1.1 acres, this property offers incredible development potential. A comprehensive development application could allow for a 34-unit multi-family project, making this a fantastic investment in a high-demand area. To top it off, the properties offer stunning ocean views, adding to their long-term value and appeal.Opportunities like this don’t come around often!

Property Features:

  • Annual Tax Amount: $25,090
  • Floor Space (approx): 0 Square Feet
  • Lot Features: Central Location, Easy Access
  • Lot Frontage: 47916 Square Feet
  • Lot Size: 1.10 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Water Source: Municipal
  • Zoning: RM-3 & R1
  • Sewer:

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.

Location of 827 Alder St, Campbell River, BC, V9W 2P4

Demographic Information of 827 Alder St, Campbell River, BC, V9W 2P4

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$97,660.98

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.85 %

High school certificate or equivalent

38.94 %

Apprenticeship trade certificate/diploma

8.59 %

College/non-university certificate

22.27 %

University certificate (below bachelor)

0.1 %

University Degree

14.25 %

Commuter

Travel To Work

By Car

79.21 %

By Public Transit

0.0 %

By Walking

14.3 %

By Bicycle

0.0 %

By Other Methods

6.49 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

51.72 %

Houses

48.28 %

Own Vs. Rent