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1508&1518 Vanstone Rd in : CR Campbell River North Multi Family for sale (Campbell River) : MLS®# 867170

1508&1518 Vanstone Rd V9W 4S4 : CR Campbell River North

Main Photo: 1508&1518 Vanstone Rd in : CR Campbell River North Multi Family for sale (Campbell River)  : MLS®# 867170
$2,200,000
Prop. Type:
Commercial Sale
MLS® Num:
867170
Status:
Active
Multi-residential development property in north Campbell River with frontage on Island Highway, Vanstone Rd and the Campbell River estuary. RM-1 zoning could allow up to 50 units with density bonusing. The current zoning meets requirements within the official community plan for the city. Preliminary indications are that existing services would be adequate for a development with the allowable density - would need to be verified. Hydro and water service are available on Vanstone Rd. Municipal sewer is available along the eastern boundary of the property. Currently four residential structures on the property. 3 older, modest conventional homes of their time, and a decommissioned mobile home. 2 homes currently rented. The eastern portion of this property along the waterfront offers low-bank frontage rising to the upper bench which offers panoramic views over the estuary and Discovery Passage. Also see residential listing MLS# 867163 for more comments.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CR Campbell River North, Campbell River
Bathrooms:
- (Full:-/Half:-)
Lot Size:
Switch units of measure4.16 acre(s)
Taxes:
Construction:
Frame Wood, Vinyl Siding
Foundation:
Block
Ceiling Heights:
Switch units of measure
Floor finish:
Carpet, Linoleum, Mixed
Total Building Area:
Switch units of measure4.16 sq. ft.
Commercial Area:
Water supply:
Municipal
Cooling:
None
Heating:
Forced Air, Wood
Fireplace:
No
Pending Date:
Balcony/Deck
Mountain(s), Ocean
Ocean Front
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Campbell River
Legal Description:
Zoning:
RM-1
Units in Building:
Units in Community:
Occupancy:
Owner
Lot Site Features:
Acreage, Marina Nearby, Recreation Nearby, Rectangular Lot, Shopping Nearby, Square Lot, Walk on Waterfront
Parking Features:
On Site
Road Surface Type:
Paved
Total Units:
Date Listed:
Mar 01, 2021
Original Price:
2200000.0
Listed by Royal LePage Advance Realty
Data was last updated April 22, 2021 at 07:30 AM (UTC)
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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.