Attention Developers & Investors!
Don't miss this rare opportunity to own a prime multi-family future development property in the growing community of Campbell River, BC. This exceptional package includes four contiguous properties—one vacant lot, one apartment building, and two residential lots currently rented to 10 tenants, providing immediate rental income.
With a total land size of 1.1 acres, this property offers incredible development potential. A comprehensive development application could allow for a 34-unit multi-family project, making this a fantastic investment in a high-demand area. To top it off, the properties offer stunning ocean views, adding to their long-term value and appeal.
Opportunities like this don’t come around often!
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale Price
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.1 acre(s)0.45 hectare(s)
Taxes:
$25,090 /
2024
Total Building Area:
0 sq. ft.0 m2
Commercial Area:
Core (excl Downtown)
Water supply:
Municipal
Sewer:
Sewer Connected
Fireplace:
No
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Cooperating commission payable on first physical introduction otherwise 25%
Assessed:
2407000.0
Assessment year:
2025
Jurisdiction name:
City of Campbell River
Legal Description:
LOT 3, PLAN VIP5192, DISTRICT LOT 73, SAYWARD LAND DISTRICT, NW 50 FT
Data was last updated March 22, 2025 at 02:05 PM (UTC)
Area Statistics
Listings on market:
19
Avg list price:
$1,149,000
Min list price:
$25
Max list price:
$3,999,900
Avg days on market:
60
Min days on market:
1
Max days on market:
320
These statistics are generated based on the current listing's property type
and located in
CR Campbell River Central. Average values are
derived using median calculations.