Lot 3 Ronson Rd $5,400,000 Commercial Sale in Courtenay, BC

  • Unimproved Land
  • 18.060 Acres
  • 0
  • 0
Listing ID #: 919611

Property Details

Development opportunity on 18.06 acres with DP application in for a phased development. Located in West Courtenay amidst new high quality residential subdivisions, a desirable development site situated between Courtenay & Cumberland. The property is accessed off the Arden Road corridor offering ease of access to the Parkway, Island HIghway, downtown Courtenay, Cumberland, Puntledge River, Comox Lake & Mt. Washington's recreational mecca. DP application in process separates property into 3 parcels with Phase 1 offering 21 residential duplex lots (42 doors); Phase 2 offering 2 single family lots & 2 duplex lots. Central portion dedicated to park land with a portion of phase 2 held for future development. April 2022 appraisal is $6,600,000 'as is' with potential gross lot sale revenue of $13,350,000 or build out to increase your revenue. Rezone to higher density supported - conceptual - 68 small lots, 176 townhomes, 12 x 4 story apartments, mixed 20 x duplex, 58 townhomes, 160 apts.

 

  • Listing ID #: 919611
  • List Price: $ 5,400,000
  • Unimproved Land
  • 18.060 Acres
  • Lot Size: 18.060 Acres
  • Acreage,Adult-Oriented Neighbourhood,Central Location,Easy Access,Family-Oriented Neighbourhood,Marina Nearby,Near Golf Course,No Through Road,Park Setting,Private,Quiet Area,Recreation Nearby,Rectangular Lot,Serviced,Shopping Nearby,See Remarks

Property Location

Lot 3 Ronson Rd
Courtenay, BC V9N 9K2

View Map on Google

Request A Callback

CAPTCHA image