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$6,900,000

1480 Arden Rd, Courtenay, BC, V9N 9J7

MLS® # 970278

Property Information:

This well-located multi-family development opportunity comprises 4 separate residential properties totaling 10 acres within the municipal boundaries of the City of Courtenay on picturesque Vancouver Island. With the province-mandated zoning changes to allow more multi-family opportunities, the timing could not be better. The property is situated in a quiet single- and multi-family residential neighborhood and is within easy walking distance to many schools and downtown Courtenay. The seller has done extensive work on preparing these sites for development. An information package is available. Please contact listing realtor for more details. Timing is ideal for residential development - don't miss this opportunity

Property Features:

  • Annual Tax Amount: $18,014
  • Lot Features: Acreage, Central Location, Cleared, Easy Access, Family-Oriented Neighbourhood
  • Lot Frontage: 435600 Square Feet
  • Lot Size: 10.00 Acres
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Unimproved Land
  • Road Surface Type: Paved
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available
  • Water Source: Municipal
  • Sewer: Sewer Available

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 1480 Arden Rd, Courtenay, BC, V9N 9J7

Demographic Information of 1480 Arden Rd, Courtenay, BC, V9N 9J7

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$83,062.89

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.33 %

High school certificate or equivalent

42.8 %

Apprenticeship trade certificate/diploma

13.1 %

College/non-university certificate

24.37 %

University Degree

10.4 %

Commuter

Travel To Work

By Car

93.96 %

By Public Transit

0.03 %

By Walking

4.02 %

By Bicycle

1.99 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

4.97 %

Houses

95.03 %

Own Vs. Rent