1015/1021 Virginia Rd, Errington, BC V0R 1V0

$1,495,000
12
BD
6
BA
3,000
SqFt

Courtesy of Royal LePage Parksville-Qualicum Beach Realty (PBO)

List Price
$1,495,000
MLS® #
886549
Bedrooms
12
Sq. Ft
3,000
Acres
4.51
Year Built
1955
Subdivision
Pq Errington/Coombs/Hilliers

Property Description

Exciting Development Property. This expansive 5 acre property has amazing potential for future development with Residential and Commercial site specific zoning in place. Ideally located close to Coombs, this parcel is surrounded by nature trails and is 2 minutes to the Old Country Market and Goats on the Roof. The unique zoning, R-1.6, allows for nine dwelling units, 3 manufactured homes, as well as a retail store with a floor area of up to 10,000+ square feet. The current dwellings, which includes 8 homes as well as an 8 pad mobile home park are all income generating with excellent tenants in place. All existing dwellings are being sold as is, and all mobiles are privately owned, and are not included in the sale. There is a licensed and inspected water system in place, as well as a septic pump system to service all of the dwellings. There is unlimited potential here so don't miss out on this great opportunity!

Additional Information

Style
Other
Lot Size
196,020
Interior Features
Eating Area
Lot Features
Road - Paved, Acreage, Shopping Nearby
Parking Type
Additional Parking
Heating
Baseboard
Cooling
None
Office Name
Royal LePage Parksville-Qualicum Beach Realty (PBO)

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Listing content Copyright 2021 Vancouver Island Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.