1 acre property offering many possibilities with its multi family zoning. It could be great for a family purchase with both the main home plus a 672 sq ft 2 bedroom cottage. An additional dwelling is also permitted. Consider a joint investment for your family and hold for the future.
The main home is a 1321 sq ft 3 bedroom rancher which has had significant updates in the recent past, including new windows, new kitchen, new bathroom, heat pump, insulation, siding and more.
Alternatively, the cottage could be a mortgage helper, plus there is RV hookup which gives additional potential income.
This is a great opportunity for a developer who is looking to create new housing to meet the current demand as it provides for the development of low to medium-rise residences in multi family complexes. There are recently completed projects in the vicinity, so we know the city is amenable to these developments. These types of properties rarely come along and now is the time to act.
Data was last updated May 4, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
24
Avg list price:
$699,850
Min list price:
$368,800
Max list price:
$1,499,900
Avg days on market:
42
Min days on market:
3
Max days on market:
410
Avg price per sq.ft.:
$484.29
These statistics are generated based on the current listing's property type
and located in
CR Campbell River West. Average values are
derived using median calculations.