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:44393)
| MLS® Number | 1048896 |
| Property Type | Multi-family |
| Neigbourhood | Courtenay City |
| Features | Central Location, Level Lot, Other, Rectangular |
| Plan | Vip472b |
| View Type | Mountain View |
| Constructed Date | 1949 |
| Cooling Type | None |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters, Forced Air |
| Size Exterior | 1712 Sqft |
| Type | Multi-family |
| 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
Contact us for more information
Aaron Kuehl
Personal Real Estate Corporation
(250) 871-1377
www.islandluxuryhomes.ca/