For additional information, please click on Brochure button below. 39 FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 156 Fourplexes. Under current new Zoning/ Approvals.  List price is only $ 56 k / per door, land cost !!! DP approved. Phase 1 is 35 lots for the first 140 homes, or 70 Duplexes, or 35 Single fam w/ suites. 39 FEE SIMPLE lots. The yield allows 39 Single fam w/ suites, or 78 Duplexes w/ suites, or 156 Fourplexes. Under current new Zoning/ Approvals.  List price is only $ 56 k / per door, land cost !!! DP approved. Phase 1 is 35 lots for the first 140 homes, or 70 Duplexes, or 35 Single fam w/ suites. 39 x lots @ $479k) = $ 18.7 M less $2.2M remaining servicing costs is net $16.5 M residual value. * Buy at half price * OR, rezone as CD multi-fam strata for 450 apt units on this prime 18.7 AC "ready to go" property. Permits in place & trees already cleared & grubbed & internal roads roughed in & pond's already constructed. * Devp is ripe for 2025 Summer home construction at this great location. Courtenay housing 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) 18.7 ACRES (in city limits) DEVELOPMENT PERMIT ** DP APPROVED**