Prime Development Opportunity in Residential Infill (R-I) Zone!
This 7,500 sq ft (approx. 696.77 m²) lot exceeds the minimum requirement of 280 m², allowing for multi-unit residential development up to four dwelling units! This flat, centrally located lot is ready for your vision, with existing structures valued as Land Only - Tear Down.
Zoning Highlights:
Density: Permitted for up to four dwelling units based on lot size.
Lot Coverage:
Maximum building coverage of 50% (approx. 3,750 sq ft).
Up to 70% (approx. 5,250 sq ft) for impermeable surfaces, ideal for driveways and patios.
Yard Setbacks:
Front Yard: Minimum 4.0 meters (~13.1 ft).
Rear Yard: Minimum 3.0 meters (~9.8 ft) or 1.5 meters if adjacent to a lane.
Side Yards: Minimum 1.2 meters (~3.9 ft); 3.5 meters if adjoining a road.
Building Height:
Maximum of 7.0 meters (2 stories) if 3.0 meters from the rear line.
Up to 10.0 meters (3 stories) if set back 5.0 meters from the rear.
Located just minutes from the ocean, close to all schools, and nearby amenities, this lot offers a rare opportunity in a desirable neighborhood to build new and make your vision a reality. Don't miss this chance!
Address
640 Cedar St
List Price
$320,000
Property Type
Residential
Type of Dwelling
Land
Area
Campbell River
Sub-Area
CR Campbell River Central
Floor Area
820 Sq. Ft.
Lot Size
7500 Sq. Ft.
Lot Size (Acres)
0.17 Ac.
MLS® Number
979727
Listing Brokerage
RE/MAX Check Realty
Postal Code
V9W 2V8
Tax Amount
$3,514.00
Tax Year
2024
Features
Baseboard
Amenities
Central Location, Family-Oriented Neighbourhood, Level, Marina Nearby, Quiet Area, Shopping Nearby
