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5575 Island Hwy SOUTH, Union Bay, BC, V9K 2E7
MLS® # 883274
House For Sale In Union Bay, British Columbia
$698,000
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
5575 Island Hwy South, Union Bay, BC
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5575 Island Hwy SOUTH, Union Bay, BC, V9K 2E7
$698,000

Property Information:

INVESTMENT DEVELOPMENT OPPORTUNITY in the heart of the QUICKLY GROWING seaside community of Union Bay. Unique Development potential with commercial/residential C1 zoning. Build a multi-income stream commercial/residential building (see attached Concept Drawing) with condos above retail space that unparalled panoramic ocean views of Baynes Sound, or renovate and use as-is as a single family 2 bed/2 bath income dwelling, with the potential to lock off as two suites. Great income generator.Zoning allows for:restaurants, coffee shop Art Gallery,B & B, tourist accommodation, retail, offices,residential, secondary suites… Be on the forefront of creating retail space for the up and coming 789 acre new Union Bay Estates Development. Ideal location, Convenient highway frontage/access. Great visibility. High retail/tourist traffic area. Denman & Hornby ferry just down the road, 15 minutes to Courtenay, 1/2 hour to Comox airport. Live the lifestyle while earning a livelihood!! Not bad!

Property Features:

  • Annual Tax Amount: $3,042
  • Building Features: High Traffic Area
  • Construction Materials: Frame Wood, Insulation: Ceiling, Insulation: Walls, Wood, Other
  • Exterior Features: Fencing: Full, Low Maintenance Yard
  • Floor Space (approx): 868 Square Feet
  • Flooring: Mixed
  • Foundation Details: Concrete Perimeter
  • Heating: Baseboard, Electric
  • Lot Frontage: 4356 Square Feet
  • Lot Size: 4356.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Sub Type: Other
  • View: Mountain(s)
  • Zoning: C-1
  • No. of Parking Spaces: 4

Courtesy of: Royal LePage Parksville-Qualicum Beach Realty

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Market Price Trends

Location of 5575 Island Hwy SOUTH, Union Bay, BC, V9K 2E7

Demographic Information of 5575 Island Hwy SOUTH, Union Bay, BC, V9K 2E7

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$79,071.67

Average Number of Children

0.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.46 %

High school certificate or equivalent

23.68 %

Apprenticeship trade certificate/diploma

18.12 %

College/non-university certificate

18.46 %

University certificate (below bachelor)

7.67 %

University Degree

21.27 %

Commuter

Travel To Work

By Car

92.08 %

By Public Transit

0.0 %

By Walking

3.95 %

By Bicycle

0.0 %

By Other Methods

3.97 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent