2201 Ronson Rd Active Save Request In-Person Tour Request Virtual Tour
Courtenay,BC V9N 9K2
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 956346
Annual Tax Amount $6,000
Tax Year 2023
Lot Size 18.700 Acres
Property Sub-Type Land
Property Description
For additional information, please click on Brochure button below.
The # of FEE SIMPLE lots has now TRIPLED. The yield's also increased 5 X fold, from 30 homes (15 x duplex lots) to now 160 homes (40 x fourplex lots) !!!
160 homes under current new zoning.
Price is only $ 56 k / per door, land cost !!!
DP approved. Phase 1 is 35 lots for the first 140 homes.
40 x (fourplex lots @ $499k) = $20M less $2M remaining service costs is net $18M residual value.
Even 40 x (lots @ $479k) = $19.2M less $2M is still net $17.2M. Land's for sale at less than half price @ only $ 8.97M
OR, rezone as CD multifam strata for 350 - 500 units on the 18.7 AC prime property.
Permits in place & trees already cleared, internal roads roughed in and $250k pond's already constructed.
* Devp is ripe for 2025 Spring/ Summer construction at this great location. Courtenay has a significant housing shortage, and pent up demand for both LOTS & affordable homes.
Location
Province BC
County Courtenay, City Of
Area Cv Courtenay City
Zoning R-SSMUH
Rooms
Kitchen 0
Exterior
Utilities Available Cable Available,Electricity Available,Natural Gas Available,Phone Available
View Y/N Yes
View Mountain(s)
Building
Lot Description Acreage,Level,Private
Sewer Sewer To Lot
Water Municipal
Others
Pets Allowed Aquariums,Birds,Caged Mammals,Cats,Dogs