2201 Ronson Rd, Courtenay

$5,400,000

0 Bed
0 Bath
18.06 Acres
0 Garage

Development opportunity on 18.06 acres with DP application in for a phased development. Located in West Courtenay amidst new high quality residential subdivisions, a desirable development site situated between Courtenay & Cumberland. The property is accessed off the Arden Road corridor offering ease of access to the Parkway, Island Highway, downtown Courtenay, Cumberland, Puntledge River, Comox Lake & Mt. Washington's recreational mecca. DP application in process separates property into 3 parcels with Phase 1 offering 21 residential duplex lots (42 doors); Phase 2 offering 2 single family lots & 2 duplex lots. Central portion dedicated to park land with a portion of phase 2 held for future development. April 2022 appraisal is $6,600,000 'as is' with potential gross lot sale revenue of $13,350,000 or build out to increase profit. Rezone to higher density supported - conceptual - 68 small lots, 176 townhomes, 12x 4 story apartments, mixed 20x duplex, 58 townhomes, 160 apts.

Essential Information
MLS® #919519
Price$5,400,000
Bathrooms0.00
Acres18.06
TypeResidential
Sub-TypeLand
StatusActive
Community Information
Address2201 Ronson Rd
AreaCV Courtenay West
CityCourtenay
CountyCourtenay, City of
ProvinceBC
Postal CodeV9N 9K2
Amenities
Parking Spaces20
ViewMountain(s)
Utilities

Cable Available, Electricity Available, Natural Gas Available, Phone Available, See Remarks, Underground Utilities

Additional Information
Days on Market125
ZoningR-2
Office

Royal LePage Coast Capital - Westshore

LISTING MAP

Get directions to this property:

VIREB IDX Reciprocity listings are displayed in accordance with VIREB's broker reciprocity Agreement and are copyright © the Vancouver Island Real Estate Board. The above information is from sources deemed reliable but it should not be relied upon without independent verification.