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Ed Handja
Ed Handja
Personal Real Estate Corporation
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From:

Offered by:
Royal LePage Advance Realty

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901 Dogwood Street
Campbell River, BC V9W 2Z2
MLS# 453162 ID: 57615488
$619,000
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Property Description
Development Property with Current Revenue This offering includes 4 contiguous residential lots with 3 older rental homes with tenants in place. The properties are located within walking distance of downtown Campbell River and all amenities. They are within close proximity to Phoenix Middle School, Ecole du Monde and Cedar Elementary as well as a major bus route. The properties have laneway access off 9th Avenue. Campbell River’s healthy real estate market has a demand for existing and additional residential rental properties. The RM3 zoning permits multi-unit residential development. The RM3 zoning would permit 14 dwelling units not including additional density bonus possibilities. One could continue to use the properties as current rentals, develop now or develop down the road. The beautiful community of Campbell River is located on the east coast of central Vancouver Island between Strathcona Park to the west, and the Discovery Islands to the east. Serving a city population of approximately 30,000, Campbell River is also the service centre for the communities on northern Vancouver Island. The city has all services and amenities, including a hospital, colleges, rec centres, museums, major shopping anchors and a wide variety of smaller shops and restaurants.
Property Features
Status
Last Updated August 2, 2019
Market Status Available
Description
Property Type Multi Family
Approx. Lot Size .49 Acres
Lot Features
Sewer Utilities municipal
View mountain
Water Utilities municipal
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