Multi-Family
1308 Island Hwy S, Campbell River, BC
1308 S Island Hwy, Campbell River, BC V9W 1B5
Listing Price: $2,150,000
Investment Overview
We are pleased to present a 1.07-acre oceanfront development site along Island Highway South in Campbell River, B.C. With expansive waterfront exposure and spectacular ocean views, the property has been fully rezoned to RM-4 with an approved, site-specific FAR of up to 1.23 (vs. 1.10 FAR pursuant to RM-4), permitting a 4-storey, 52-unit purpose-built rental project. The rezoning process is complete, allowing a purchaser to proceed immediately to permitting and development in one of Vancouver Island’s most sought-after coastal communities.
1308 Island Hwy S, Campbell River, BC
Investment Highlights
- Waterfront Development Site: A rare oceanfront parcel offering unobstructed views across Discovery Passage, with direct frontage and high visibility along Island Highway South.
- Approved for 52 units with 1.23 FAR under the site-specific scheme (1.10 FAR pursuant to RM-4). The entitlement work is complete, enabling a buyer to move straight to permitting and construction.
- High-Visibility, Transit-Accessible Location: Located on a major arterial with immediate transit service, offering excellent visibility and accessibility.
Exclusively Listed By
Listing Price: $2,150,000
Investment Highlights
- Waterfront Development Site: A rare oceanfront parcel offering unobstructed views across Discovery Passage, with direct frontage and high visibility along Island Highway South.
- Approved for 52 units with 1.23 FAR under the site-specific scheme (1.10 FAR pursuant to RM-4). The entitlement work is complete, enabling a buyer to move straight to permitting and construction.
- High-Visibility, Transit-Accessible Location: Located on a major arterial with immediate transit service, offering excellent visibility and accessibility.
Investment Overview
We are pleased to present a 1.07-acre oceanfront development site along Island Highway South in Campbell River, B.C. With expansive waterfront exposure and spectacular ocean views, the property has been fully rezoned to RM-4 with an approved, site-specific FAR of up to 1.23 (vs. 1.10 FAR pursuant to RM-4), permitting a 4-storey, 52-unit purpose-built rental project. The rezoning process is complete, allowing a purchaser to proceed immediately to permitting and development in one of Vancouver Island’s most sought-after coastal communities.
Exclusively Listed By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
