Acreage
$7,650,000
For additional information, please click on Brochure button below. SHOVEL READY ...PLR ISSUED ...DP... approved.... 156 Fourplexes...39 x SSMUH triplex/ fourplex FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 121 TRIPLEXES, Under current new Zoning/ Approvals, PLR issued. List price is only $ 50Ā 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 @ $429k/ lot) = $ 16.7 M OR, rezone as CD multi-fam strata for low rise, 4 level, 355Ā apt block units on this 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 2025/2026Ā home construction at this great location. Courtenay housing demand, has a significant pent up housing shortage, and very large demand for both affordable homes and also rental units too.Ā 18.7 ACRES (in city limits) DEVELOPMENT PERMIT ** DP APPROVED** PLR is issued Vendor financing available, additional fees may apply (id:60626)
Property Details
|
MLS® Number
|
956346 |
|
Property Type
|
Vacant Land |
|
Neigbourhood
|
Courtenay City |
|
Features
|
Acreage, Level Lot, Private Setting |
|
Parking Space Total
|
10 |
|
Plan
|
7752 |
|
View Type
|
Mountain View |
Building
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
Yes |
|
Size Irregular
|
18.7 |
|
Size Total
|
18.7 Ac |
|
Size Total Text
|
18.7 Ac |
|
Zoning Description
|
R-ssmuh |
|
Zoning Type
|
Residential |