2201 Ronson Road Road

$5,400,000 | Courtenay City (Courtenay West), Comox Valley

2201 Ronson Road, Courtenay City (Courtenay West), Comox Valley

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About this Land in Courtenay City (Courtenay West), Comox Valley

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.

Lot Features Of 2201 Ronson Road, 67553, 42

Acreage, Adult-Oriented Neighbourhood, Central Location, Easy Access, Family-Oriented Neighbourhood, Park Setting, Private, Rectangular Lot, Wooded

Listed by Royal LePage Coast Capital - Westshore.

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