Vacant Land For Sale in Courtenay, BC

Seller financing, VTB or potential JV partnership options. SHOVEL READY ...PLR ISSUED ...DP... approved....PLR issued. Allowed under current zoning on 39 x SSMUH fee simple lots ($170k/ per lot)

OPTIONS:

156 Fourplexes

39 Single fam w/ suites,

78 Duplexes w/ suites

121 TRIPLEXES

$ 50 k / per door, land cost !!

DP approved. Phase 1 is 35 lots for the first 140 homes, or 121 Triplexes, or 70 Duplexes w suites, or just do 35 Single fam w/ suites.

39 x lots @ $410k/ lot) = $ 16.1 M

Recent appraisal $7.22M

* Buy at half price * V.T.B. options avail. Vendor financing. Joint venture partnership opportunities.

OR, rezone as CD multi-fam strata for low rise, 4 level, 355 apt block units on a prime 18.7 AC "ready to go" property.

Permits in place & trees already cleared & grubbed & internal roads roughed in & pond's already approved & constructed.

* Devp is ripe for 2026 home construction at this great location. Courtenay housing crisis demand, has a significant pent up housing shortage, and very large demand for both affordable homes and also rental units too. (Possible seller or builder financing)

(in city limits)

DEVELOPMENT PERMIT ** DP APPROVED**

PLR is issued

(REALTOR COMMISSIONS — AVAILABLE)