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719 / 721 8th St Courtenay, British Columbia V9N 1N6

None Baseboard Heaters, Forced Air

$640,000

This 3-bedroom, 2-bathroom rancher is currently tenanted, so there's income coming in while you decide what's next. It sits on two separate lots totalling roughly 9,583 sq. ft. With a 6-foot partial basement, detached garage, fenced yard and lane access, all in a highly walkable spot close to downtown shops, restaurants, services, recreation and transit. R4-B zoning opens the door to multi-residential and other permitted uses. A completed topographical survey and preliminary architectural work are already in hand, including one concept exploring around 14 missing-middle homes using smaller ground-oriented buildings and the existing lane network. It's a good starting point, or bring your own vision. Courtenay's OCP points to increased downtown density and future 5 to 8-storey buildings in this area. That's long-term planning direction, not current as-of-right now. Any redevelopment would still go through zoning, servicing, design and municipal approvals. (id:55599)

Property Details

MLS® Number 1048896
Property Type Multi-family
Neigbourhood Courtenay City
Features Central Location, Level Lot, Other, Rectangular
Plan Vip472b
View Type Mountain View

Building

Constructed Date 1949
Cooling Type None
Heating Fuel Electric
Heating Type Baseboard Heaters, Forced Air
Size Exterior 1712 Sqft
Type Multi-family

Land

Access Type Road Access
Acreage No
Size Irregular 9583
Size Total 9583 Sqft
Size Total Text 9583 Sqft
Zoning Description R4-b
Zoning Type Unknown

https://www.realtor.ca/real-estate/30244068/719-721-8th-st-courtenay-courtenay-city

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