Multi-family for sale

276 Sandwick Rd, Courtenay

$2,500,000 or
$2,500,000 or

Multi-family for sale

276 Sandwick Rd, Courtenay

Features

Lifestyle
945275 2500000 /en/multi-family~for-sale~courtenay/945275?view=Summary /en/multi-family~for-sale~courtenay/945275/photos 49.7001500000 -124.9880300000 true
Lot Size
38,333 sqft
Gross Property Tax
$6,764.16 /year
Zoning
C-2A
View
Mountain(s)
Additional Features
Central Location, Easy Access, Serviced, Shopping Nearby

Description

Multiple opportunities for this .88 acre development property in prime Courtenay core location. Property is within current development node that has multiple new multi-family and apartment blocks under construction or already built. Across Ryan Road from Superstore power centre and located on bus routes and walking distance to schools, North Island College and Aquatic Centre this parcel Is perfect for the next multi-family or rental apartment site. Currently leased at $5000/month ($60,000/year) with excellent tenants (1 year lease, February 1 st, 2023-February 1st, 2024). Listing agent has geotech and architectural plans on file as well as pre-application for re-zoning with the City. This property fits within the City of Courtenay's revised 2021 OCP and vision for densification in these areas. Large developments Is what I do, call me for more information.
MLS® Number 945275

Listing REALTOR®

Derek Costantino, REALTOR<sup>®</sup>

Derek Costantino

REALTOR®

Royal LePage-Comox Valley (CV)

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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