$849,000

Campbell River BC, V9W 3N6

MLS® # 992379

Property Information:

This 1.28-acre property offers a rare development opportunity in a highly desirable Central Campbell River location. Currently zoned RM-1, the site previously had an approved development permit for 11 free-standing units, showcasing its strong potential and flexibility. Developers can either revive the prior concept or explore rezoning options to further maximize density and unlock additional value. The area is ideally suited for a variety of housing forms, including townhomes, modular homes, or higher-density multi-unit projects. With it's location, size, and multiple pathways for development, this property is a great investment for builders and visionaries looking to create much-needed housing in Campbell River.

Property Features:

Annual Tax Amount: $4,886
Lot Features: Acreage, Central Location, Cleared, Irregular Lot, Level, Shopping Nearby
Lot Frontage: 55757 Square Feet
Lot Size: 1.28 Acres
Ownership: Freehold/Strata
Parking Features: On Site
Property Sub Type: Multi Family
Water Source: Municipal
Sewer: Sewer Available

Courtesy of: RE/MAX Check Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 681 Homewood Rd, Campbell River, BC, V9W 3N6

Lifestyle
Neighbourhood

Demographic Information of 681 Homewood Rd, Campbell River, BC, V9W 3N6

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,440.19

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.0 %

High school certificate or equivalent

33.95 %

Apprenticeship trade certificate/diploma

12.65 %

College/non-university certificate

17.1 %

University certificate (below bachelor)

1.11 %

University Degree

10.19 %

Commuter

Travel To Work

By Car

82.08 %

By Public Transit

3.16 %

By Walking

7.96 %

By Bicycle

0.0 %

By Other Methods

6.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.28 %

Houses

65.72 %

Own Vs. Rent