1480 Arden Rd

Description

This well-located multi-family development opportunity comprises 4 separate residential properties totaling 10 acres within the municipal boundaries of the City of Courtenay on picturesque Vancouver Island. With the province-mandated zoning changes to allow more multi-family opportunities, the timing could not be better. The property is situated in a quiet single- and multi-family residential neighborhood and is within easy walking distance to many schools and downtown Courtenay. The seller has done extensive work on preparing these sites for development. An information package is available. Please contact listing realtor for more details. Timing is ideal for residential development - don't miss this opportunity (id:63159)

Property Details

Annual property tax

$18,014

Brokerage

Royal LePage Coast Capital Realty

Location Insights

Population

28,420

(2021 Census)

+10.8% since 2016

Density

876.6/km²

Dwellings

13,414

Median household income

$72,000

After-tax

$65,500

Immigrant population

13.6%

Top countries of origin

• United Kingdom3.9% · 1,105
• United States of America1.3% · 370
• Germany1.1% · 300
• Philippines1% · 290
• Viet Nam0.6% · 160
• India0.5% · 130
• Korea, South0.4% · 110
• Netherlands0.4% · 100

Source: Statistics Canada, 2021 Census of Population.

Weather

18°C

Mostly Cloudy

Humidity 68%

Wind N 13 km/h

Today

22°

Tonight

12°

Thursday

20°

Thursday night

11°

Friday

16°

Friday night

12°

Source: Environment and Climate Change Canada.