$719,500

1530 Willemar Ave, Courtenay, BC, V9N 3M3

QuickQuote^TM: $597K - $800K

MLS® # 981670

5 Beds

3 Baths

2369 FEETSQ sqft

Property Information:

Prime Development Opportunity in Courtenay! This character home on 0.50-acre (2,023 m²) flat, cleared lot, benefiting from new R-SSMUH (Residential Small-Scale Multi-Unit Housing) zoning regulations, enhancing its multifamily development potential. The property has dual lane access and main street frontage, offering flexibility for development. The existing home is at the front third of the lot, allowing for rental income while planning and permits are obtained. The larger property is possible for small-scale multi-unit housing units. These new zoning regulations aim to increase housing supply and diversity, providing affordable housing options. This property is an ideal investment for those looking to capitalize on Courtenay’s evolving real estate market. Whether you are an investor or a developer, this property offers a chance to create a valuable asset in a growing and affordable area of Courtenay.

Property Features:

Bedrooms: 5
Bathrooms: 3
Annual Tax Amount: $5,390
Appliances: Dishwasher, F/S/W/D
Basement: Not Full Height, Partially Finished
Built in: 1944
Construction Materials: Insulation: Ceiling, Insulation: Walls, Vinyl Siding
Cooling: None
Exterior Features: Balcony/Deck, Fencing: Partial, Garden
Floor Space (approx): 2369 Square Feet
Flooring: Mixed
Foundation Details: Concrete Perimeter
Heating: Forced Air, Natural Gas
Laundry Features: In House
Lot Features: Central Location, Easy Access, Family-Oriented Neighbourhood, Level, Recreation Nearby, Rectangular Lot, Shopping Nearby, Sidewalk, Southern Exposure, See Remarks
Lot Frontage: 21780 Square Feet
Lot Size: 0.50 Acres
Ownership: Freehold
Parking Features: Driveway, Open, RV Access/Parking
Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
Property Condition: Resale
Property Sub Type:
Road Frontage Type: Lane
Road Surface Type: Paved
Roof: Asphalt Shingle
Water Source: Municipal
Window Features: Insulated Windows
Zoning: R-SSMUH
Zoning Description: Residential
Sewer: Sewer To Lot
No. of Parking Spaces: 5

Rooms:

Bedroom Main Level 2.46 m x 3.33 m
Bathroom Other level :Lower 1.52 m x 2.36 m
Bathroom Main Level 3.07 m x 2.36 m
Bathroom Main Level 2.31 m x 1.50 m
Other Main Level 3.07 m x 4.27 m
Bedroom Other level :Lower 4.42 m x 3.91 m
Bedroom Other level :Lower 4.19 m x 4.01 m
Bedroom Other level :Lower 7.52 m x 3.68 m
Dining Main Level 3.56 m x 3.66 m
Kitchen Main Level 4.01 m x 3.71 m

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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.

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