This 3-bedroom, 2-bathroom rancher is currently tenanted, so there's income coming in while you decide what's next. It sits on two separate lots totalling roughly 9,583 sq. ft. With a 6-foot partial basement, detached garage, fenced yard and lane access, all in a highly walkable spot close to downtown shops, restaurants, services, recreation and transit. R4-B zoning opens the door to multi-residential and other permitted uses. A completed topographical survey and preliminary architectural work are already in hand, including one concept exploring around 14 missing-middle homes using smaller ground-oriented buildings and the existing lane network. It's a good starting point, or bring your own vision. Courtenay's OCP points to increased downtown density and future 5 to 8-storey buildings in this area. That's long-term planning direction, not current as-of-right now. Any redevelopment would still go through zoning, servicing, design and municipal approvals. (id:2493)
Data was last updated September 17, 2026 at 07:45 PM (UTC)
Area Statistics
Listings on market:
101
Avg list price:
$619,000
Min list price:
$31,900
Max list price:
$2,299,000
Avg days on market:
97
Min days on market:
2
Max days on market:
512
Avg price per sq.ft.:
$460.02
These statistics are generated based on the current listing's property type
and located in
Courtenay City. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
