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1266 Island Hwy S, Campbell River, British Columbia, V9W 1B5

MLS® # 1021840
new listing
Investment For Sale In Campbell River, British Columbia
$1,049,000
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1266 Island Hwy S, Campbell River, British Columbia, V9W 1B5
$1,049,000

Property Information:

This .92-acre semi-oceanfront development opportunity offers stunning unobstructed views of the ocean and coastal mountains beyond. RM-2 zoning permits 50 dwelling units per hectare with potential for density bonuses and the possibility of rezoning to RM-4. Shopping, services and public transit are within easy walking distance and downtown Campbell River and marina are only a few minutes' drive. There is an existing 3,400 sf home on the property which is tenanted. This property also offers an opportunity to renovate the existing house and create a custom home - see MLS® Residential listing. Contact the listing agent for more details and information package (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Highway access
  • Built in: 1963
  • Features: Central location, Sloping, Other, Rectangular
  • View Type: Ocean view
  • Zoning: RM-2
  • Zoning Type: Unknown
  • No. of Parking Spaces: 5

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Market Price Trends

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Location of 1266 Island Hwy S, Campbell River, British Columbia, V9W 1B5

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

19 hot days expected in 2050

26/100

Moderate-Low

ClimateCheck®

Current data

This property, 1266 Island Hwy S , experiences 7 hot days per year at around 28.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 19 hot days at 31.4 degrees Celsius.

Projected Avg. Temperature

Past
28.7℃
2050
31.4℃

# Hot Days Per Year

Past
7
2050
19

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

15 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 1266 Island Hwy S , experiences 13 significant 2-day storms per year, with about 670.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 788.8mm of precipitation per year.

Precipitation Per Storm

Past
670.5mm
2050
788.8mm

48-Hour Storms Per Year

Past
13
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 1266 Island Hwy S, Campbell River, British Columbia, V9W 1B5

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$112,292.14

Average Number of Children

1.54

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.95 %

High school certificate or equivalent

33.22 %

Apprenticeship trade certificate/diploma

11.6 %

College/non-university certificate

20.93 %

University certificate (below bachelor)

1.79 %

University Degree

16.51 %

Commuter

Travel To Work

By Car

91.17 %

By Public Transit

1.45 %

By Walking

2.4 %

By Bicycle

0.87 %

By Other Methods

4.11 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.86 %

Houses

63.14 %

Own Vs. Rent

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