This 3-bedroom, 2-bathroom rancher is currently tenanted, so there's income coming in while you decide what's next. It sits on two separate lots totalling roughly 9,583 sq. ft. With a 6-foot partial basement, detached garage, fenced yard and lane access, all in a highly walkable spot close to downtown shops, restaurants, services, recreation and transit.
R4-B zoning opens the door to multi-residential and other permitted uses. A completed topographical survey and preliminary architectural work are already in hand, including one concept exploring around 14 missing-middle homes using smaller ground-oriented buildings and the existing lane network. It's a good starting point, or bring your own vision.
Courtenay's OCP points to increased downtown density and future 5 to 8-storey buildings in this area. That's long-term planning direction, not current as-of-right now. Any redevelopment would still go through zoning, servicing, design and municipal approvals.
Address
719 / 721 8th St
List Price
$640,000
Property Type
Commercial Sale
Type of Dwelling
Multi Family
Transaction Type
Sale
Area
Comox Valley
Sub-Area
CV Courtenay City
Lot Size
9583 Sq. Ft.
Lot Size (Acres)
0.22 Ac.
Year Built
1949
MLS® Number
1048896
Listing Brokerage
Engel & Volkers Vancouver Island North
Postal Code
V9N 1N6
Tax Amount
$5,501.00
Tax Year
2026
Features
Baseboard, Electric, Forced Air, Mixed
Amenities
Central Location, Family-Oriented Neighbourhood, Fencing: Full, Level, Rectangular Lot
