Adult 55+
4078 Island Hwy SOUTH Campbell River, BC
$ 1,750,000
Property Attributes
  • MLS#837032
  • TypeCommercial
  • CityCampbell River
  • Postal CodeV9H1B5
  • Style
  • Taxes3500
  • Price$ 1,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Stratten Gates Real Estate Ltd.
Property Description

For more information on this property, see "Brochure/Additional Photo" buttons below. There is nothing like equity in rental property when your stocks are tanking! Rare opportunity - "Ivy Lane" - Property is comprised of; One Main Owners House, 5 Rental Patio Homes, Large 1200' SF Shop, 2.03 acres of C2 Commercial Property. Existing income offers a market return in excess of expected returns in Metro Vancouver, Population expanding with waves of retirees flowing into smaller communities. Opportunity to convert to vacation rentals under C-2 zoning policy. Site coverage of 35% allows an additional 20,000 square feet of developable space (for additional patio homes, or other) Exclusions: Sale of property does not include 2 (two) antique marine anchors.

Price History
8/10/2020 Listed $1,750,000

General Features

Business Type Accommodation
Garage no
Listing Type Commercial
Parking no
Terms SALE
Wheel Chair Access no
Zoning C2

Interior Features

Fireplace no

Exterior Features

Lot Features Cleared, Level
Pool Y/N no


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V9H1B5

AVG $1.75M
AVG $3,500
AVG 42

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