BCHomez.com Logo

BCHomez.com

Favorites

2115 Cumberland Rd, Courtenay

MLS® #1041511
About this Property

This ideally located 3 acre property presents a great investment and development opportunity perfectly timed to capitalize on the push for higher density housing. As of May 2026 zoning bylaw amendments on R-1A, this acreage will now support 4 residential units, with a greater upside to be rezoned. The current Official Community Plan (OCP) supports Residential Small-Scale Multi-Unit Housing (SSMUH), which allows investors to initiate the rezoning process. By taking advantage of the small-scale multi-family housing push, there is potential to subdivide this parcel of land into multiple lots, or the possibility of constructing high density 4-plexes on every newly created lot. All prospective buyers are highly encouraged to seek independent professional advice regarding the specifics on current zoning, as well the rezoning process.Beyond its future development potential, this property offers a 1,616 sqft home with a spacious layout, 4 bedrooms, a den perfect for a home office, and 2 bathrooms. It could serve as an immediate revenue generator to provide income while plans and permits are secured.This acreage is also enhanced by its outbuildings and rural lifestyle amenities. Mechanical enthusiasts and tradespeople will appreciate the large 27' x 31' detached garage/workshop with high ceilings, perfect for vehicle lifts with plenty of space to work. Additionally, the beautifully established, productive vegetable garden, a thriving variety of fruit trees, and a dedicated greenhouse, allows you to enjoy a self-sustaining lifestyle today while holding a premier piece of tomorrow's urban growth. (id:62865)

Property Information

Status

Active

Year Built

1972

Property Type

Manufactured Home

Ownership

Freehold

Parking Spaces

12

Annual Tax

$6,414

Zoning

Residential

Parcel Number

001-082-540

Data Source

Vancouver Island Real Estate Board

Interior Details

Bedrooms

4

Bathrooms

2

Living Area

1616 square feet

Appliances

RefrigeratorRange - ElectricDishwasherDryer
Exterior & Lot

Lot Size

3.01 acres

Lot Features

AcreageCentral locationLevel lotSouthern exposureSee remarksOther
Building & Utilities

Heating

Heat Pump

Cooling

Wall unit, Air Conditioned

$2,267,000

For immediate assistance, contact:

Joe Manhas

Personal Real Estate Corporation

604-720-0438
4Beds
2Baths
1616sqft
Listing Courtesy of

Office

Royal LePage-Comox Valley (CV)

Mortgage Calculator
$453,400

Loan Amount:

$1,813,600

Estimated Monthly Payment:

$8,838

This is an estimate for informational purposes only. Consult with a financial advisor.