719 / 721 8th St, Courtenay, BC V9N 1N6
- $640,000
Courtesy of Engel & Volkers Vancouver Island North
- List Price
- $640,000
- Status
- ACTIVE
- MLS®
- 1048896
- Property Type
- Commercial
- Year Built
- 1949
- Acres
- 0.22
- Lot Size
- 9,583
- District
- Courtenay
- Neighbourhood
- Cv Courtenay City
Property Description
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.
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Additional Information
- Lot Features
- Central Location, Family-Oriented Neighbourhood, Level, Rectangular Lot
- Heating
- Baseboard, Electric, Forced Air
- Flooring
- Mixed
- Exterior Features
- Fencing: Full
- Parking Type
- On Site
- Taxes
- $5,501
- Rentals Allowed
- Unrestricted
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