1960 S Island Hwy
CR Willow Point Campbell River V9W 1B9

$1,998,000
Commercial Sale built: 1948

Main Photo: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Photo 1: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Photo 2: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Photo 3: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Photo 4: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Photo 5: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Photo 6: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Photo 7: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Photo 8: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Photo 9: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
961029
Year Built:
1948
Located on the best block in Willow Point, directly across from the beach and seawalk. Minutes from shopping, convenience and restaurants. This RM-1 zoned parcel is a high-value location for redevelopment. Currently, the property consists of 5 professionally managed rental units; 1 rancher-style home, 2 cottages and one duplex. Being .78 acre, and zoned RM-1, the development potential is endless. The current owners have put significant time and money into detailed building plans for a 9-unit luxury townhouse project, that takes advantage of the lot grade and underground services to offer an unobstructed view of Discovery Passage, Quadra Island and the mainland mountain ranges. Don't miss your opportunity to own this spectacular spot, call today for more information. #theviewsarebetterincampbellriver.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1948 (Age: 76)
Lease Type:
See Remarks
Listing General Location:
CR Willow Point, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
0.78 acre(s)
Lot Details:
120 x 300
Taxes:
$13,059 / 2023
Building Features:
Parking, Shopping Nearby, Transit Nearby
Construction:
Frame Wood, Insulation: Ceiling, Wood
Foundation:
Other
Electricity:
Yes
Floor finish:
Mixed
Total Building Area:
33,976 sq. ft.
Commercial Area:
Not Applicable
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Mixed
Fireplace:
No
See Remarks
Mountain(s), Ocean
Close to Hilchey across from the Seawalk.
Main Level
0
Yes
No
Unrestricted
Assessed:
1388000.0
Assessment year:
2023
Jurisdiction name:
City of Campbell River
Legal Description:
Lot A Plan VIP5305 District Lot 210 Land District 15 Except Plan VIP74357 EXC N 80 FT
Units in Community:
5
Occupancy:
Tenant
Utilities:
Cable Connected, Electricity Connected, Natural Gas Available, Underground Utilities
Lot Site Features:
Central Location, Curb & Gutter, Easy Access, Landscaped, Marina Nearby, Recreation Nearby, Rectangular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure
Parking Features:
On Site
Total Parking Spaces:
20
Total Units:
5
Date Listed:
May 02, 2024
Original Price:
1998000.0
  • Photo 1: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
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  • Photo 9: 1960 S Island Hwy in Campbell River: CR Willow Point Multi Family for sale : MLS®# 961029
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Data was last updated May 21, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$1,637,500
Min list price:
$382,200
Max list price:
$8,800,000
Avg days on market:
68
Min days on market:
15
Max days on market:
319
These statistics are generated based on the current listing's property type and located in Campbell River. Average values are derived using median calculations.
Nicole Ramm
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.