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$1,049,000

Campbell River BC, V9W 1B5

MLS® # 1021840

Property Information:

This .92-acre semi-oceanfront development opportunity offers stunning unobstructed views of the ocean and coastal mountains beyond. RM-2 zoning permits 50 dwelling units per hectare with potential for density bonuses and the possibility of rezoning to RM-4. Shopping, services and public transit are within easy walking distance and downtown Campbell River and marina are only a few minutes' drive. There is an existing 3,400 sf home on the property which is tenanted. This property also offers an opportunity to renovate the existing house and create a custom home - see MLS® Residential listing. Contact the listing agent for more details and information package (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Highway access
  • Built in: 1963
  • Features: Central location, Sloping, Other, Rectangular
  • View Type: Ocean view
  • Zoning: RM-2
  • Zoning Type: Unknown
  • No. of Parking Spaces: 5

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 1266 Island Hwy S, Campbell River, British Columbia, V9W 1B5

Demographic Information of 1266 Island Hwy S, Campbell River, British Columbia, V9W 1B5

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$112,292.14

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.95 %

High school certificate or equivalent

33.22 %

Apprenticeship trade certificate/diploma

11.6 %

College/non-university certificate

20.93 %

University certificate (below bachelor)

1.79 %

University Degree

16.51 %

Commuter

Travel To Work

By Car

91.17 %

By Public Transit

1.45 %

By Walking

2.4 %

By Bicycle

0.87 %

By Other Methods

4.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.86 %

Houses

63.14 %

Own Vs. Rent