$1,749,000
 $9,389 est/mo Sourced by Back At You

869 Alder St,Campbell River, BC V9W2P4

Campbell River, BC V9W2P4

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Description

Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development. Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development. A rare change to secure strong income today and substantial development value for tomorrow. For more info please contact us at (604)-773-4080 (id:13843)

Details

MLS #1040054
Listing TypeFor Sale
StatusActive
Year1979
Days On Site133
Listing Provided BySutton Group-West Coast Realty | Hooman Sheikhy

Features

SQ Feet5,360
Units8
ZoningUnknown
Acreage0.39
Property ViewCity view, Ocean view

Interior

HeatingBaseboard heaters, Electric
Fireplace Yes / NoNo

Exterior

Lot FeaturesCentral location, Sloping, See remarks, Other

Taxes

Tax Annual Amount14821.57
Tax Lot1

Area Information

ProvinceBC
CityCampbell River
Postal CodeV9W2P4
Listing VS Median (in V9W2P4)
Price:
$1,749,000
low | high
Med:
$1,749,000
50% of Average
sqft:
5,360
low | high
Med:
5,360
50% of Average
$ / sqft:
$326
low | high
Med:
$326
50% of Average
On site:
133
low | high
Med:
133
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityCampbell River
Postal CodeV9W2P4
Listing VS Median (in V9W2P4)
Price:
$1,749,000
low | high
Med:
$1,749,000
50% of Average
sqft:
5,360
low | high
Med:
5,360
50% of Average
$ / sqft:
$326
low | high
Med:
$326
50% of Average
On site:
133
low | high
Med:
133
100% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 4:37:21 AM PDT