Arden Park Estates

Report 49 Downloads 61 Views
FOR SALE > PATIO HOME OR CONDO DEVELOPMENT SITE

FOR SALE > PATIO HOME OR CONDO DEVELOPMENT SITE

Arden Park Estates

Arden Park Estates

1360, 1400, 1470 & 1480 ARDEN ROAD, COURTENAY, BC

1360, 1400, 1470 & 1480 ARDEN ROAD, COURTENAY, BC

DOWNTOWN COURTENAY

ND RO AD

CL

CUMB

ERLA

IF FE

TH

17

ST

RE

ET

AV E

NU

E

Townhome Rendering

AR N

DE

Purchase Price

AD RO

1400 Arden Road: Four Hundred, Eighty Eight Thousand Dollars ($488,000.00) 1360 & 1400 Arden Road: One Million, Eight Hundred, Eighty Thousand Dollars ($1,880,000.00) 1470 & 1480 Arden Road: One Million, Nine Hundred, Eighty Thousand Dollars ($1,980,000.00) 1360, 1400, 1470 & 1480 Arden Road: Three Million, Eight Hundred, Eighty Thousand Dollars ($3,880,000.00)

Contact Us JASON WINTON 250 740 1060 EXT. 2 [email protected]

BRAD BAILEY 250 740 1060 EXT. 1 [email protected]

COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 MAIN: +1 250 740 1060 FAX: +1 250 740 1067

Contact Us

www.collierscanada.com/nanaimo This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Nanaimo).

JASON WINTON 250 740 1060 EXT. 2 [email protected]

BRAD BAILEY 250 740 1060 EXT. 1 [email protected]

COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 MAIN: +1 250 740 1060 FAX: +1 250 740 1067

www.collierscanada.com/nanaimo

FOR SALE > PATIO HOME OR CONDO DEVELOPMENT SITE

Arden Park Estates 1360, 1400, 1470 & 1480 ARDEN ROAD, COURTENAY, BC

Opportunity Four-title residential development-ready assembly totaling 10.005 acres located within the City of Courtenay boundary. Under the OCP there is the potential to develop up to ±115 residential units which may comprise any number of massing alternatives such as condo, townhome, patio home or single family. Zoning is in place, the site is cleared and there are 3 rental homes on site to assist in debt servicing. Feasibility studies are available upon an accepted Offer. The Seller will consider a Share Sale, VTB financing or partnership by way of a Joint Venture.

Patio Home Development Option

Salient Facts

Various smaller title configurations are available for assembly, including: 1470 & 1480 Arden Road as a 5 acre parcel with 2 rental homes on site; 1360 & 1400 Arden Road as a 5.25 acre assembly with 1 rental home; and 1400 Arden Road, a 0.75 acre site with 1 rental home.

Location

Civic Address:

1360, 1400, 1470 & 1480 Arden Road, Courtenay, BC

Legal Descriptions:

Lot 1, District Lot 96, Comox District, Plan 2963, except that part in Plan 20420 Lot A, District Lot 96, Comox District, Plan 20420; PID: 002-492-105 That part of Lot 2, District Lot 96, Comox District, Plan 2963 lying to the north west of a boundary parallel to and perpendicularly distant 132 feet from the south easterly boundary of said Lot 2 That part of Lot 2, District Lot 96, Comox District, Plan 2963 lying to the south east of a boundary to and perpendicularly distant 132 feet from the south easterly boundary of said Lot 2

PIDs:

006-220-363, 002-492-105, 006-220-631, 006-220-517

Zoning:

CD-19 (Comprehensive Development Nineteen Zone) & RR1 (Rural Residential One Zone). The CD19 Zone is intended to accommodate a multi-residential development for the property commonly described as 1360, 1470 and 1480 Arden Road. No development or land alteration may take place within the CD-19 Zone without first obtaining a development permit the particulars of which must conform to the Environmental and Multi-Residential Development Permit Area Guidelines.

The subject property is located in the City of Courtenay along Arden Road in the area known as West Courtenay. This neighborhood is a blend of new and existing single family and multifamily residential developments. Both the city and residential developers have identified the corridor along Arden Road as having extensive growth potential; therefore, the city is taking a proactive approach by establishing a long-term Local Area Plan to ensure that infrastructure and services are enhanced to support the anticipated growth.

Comox Valley The Comox Valley Regional District, with an estimated population of 65,000, is centrally located on the east coast of Vancouver Island, just over a one-hour drive north of Nanaimo. Comprised of the City of Courtenay, Town of Comox, and the Village of Cumberland, the Comox Valley has the third highest population density on Vancouver Island next to the Regional District of Nanaimo and the Capital Regional District. The area has recently experienced significant residential and commercial development and general consensus suggests that rising populations in the Comox Valley will ultimately drive more new residential and commercial projects.

Address

Size (Acres)

Property Taxes (2016)

1360 Arden Road

4.5

$4,517.29

1400 Arden Road

0.505

$3,345.05

1470 Arden Road

2.5

$5,253.05

1480 Arden Road

2.5

$2,899.53

Total:

10.005

$16,014.92

FOR SALE > PATIO HOME OR CONDO DEVELOPMENT SITE

Arden Park Estates 1360, 1400, 1470 & 1480 ARDEN ROAD, COURTENAY, BC

Opportunity Four-title residential development-ready assembly totaling 10.005 acres located within the City of Courtenay boundary. Under the OCP there is the potential to develop up to ±115 residential units which may comprise any number of massing alternatives such as condo, townhome, patio home or single family. Zoning is in place, the site is cleared and there are 3 rental homes on site to assist in debt servicing. Feasibility studies are available upon an accepted Offer. The Seller will consider a Share Sale, VTB financing or partnership by way of a Joint Venture.

Patio Home Development Option

Salient Facts

Various smaller title configurations are available for assembly, including: 1470 & 1480 Arden Road as a 5 acre parcel with 2 rental homes on site; 1360 & 1400 Arden Road as a 5.25 acre assembly with 1 rental home; and 1400 Arden Road, a 0.75 acre site with 1 rental home.

Location

Civic Address:

1360, 1400, 1470 & 1480 Arden Road, Courtenay, BC

Legal Descriptions:

Lot 1, District Lot 96, Comox District, Plan 2963, except that part in Plan 20420 Lot A, District Lot 96, Comox District, Plan 20420; PID: 002-492-105 That part of Lot 2, District Lot 96, Comox District, Plan 2963 lying to the north west of a boundary parallel to and perpendicularly distant 132 feet from the south easterly boundary of said Lot 2 That part of Lot 2, District Lot 96, Comox District, Plan 2963 lying to the south east of a boundary to and perpendicularly distant 132 feet from the south easterly boundary of said Lot 2

PIDs:

006-220-363, 002-492-105, 006-220-631, 006-220-517

Zoning:

CD-19 (Comprehensive Development Nineteen Zone) & RR1 (Rural Residential One Zone). The CD19 Zone is intended to accommodate a multi-residential development for the property commonly described as 1360, 1470 and 1480 Arden Road. No development or land alteration may take place within the CD-19 Zone without first obtaining a development permit the particulars of which must conform to the Environmental and Multi-Residential Development Permit Area Guidelines.

The subject property is located in the City of Courtenay along Arden Road in the area known as West Courtenay. This neighborhood is a blend of new and existing single family and multifamily residential developments. Both the city and residential developers have identified the corridor along Arden Road as having extensive growth potential; therefore, the city is taking a proactive approach by establishing a long-term Local Area Plan to ensure that infrastructure and services are enhanced to support the anticipated growth.

Comox Valley The Comox Valley Regional District, with an estimated population of 65,000, is centrally located on the east coast of Vancouver Island, just over a one-hour drive north of Nanaimo. Comprised of the City of Courtenay, Town of Comox, and the Village of Cumberland, the Comox Valley has the third highest population density on Vancouver Island next to the Regional District of Nanaimo and the Capital Regional District. The area has recently experienced significant residential and commercial development and general consensus suggests that rising populations in the Comox Valley will ultimately drive more new residential and commercial projects.

Address

Size (Acres)

Property Taxes (2016)

1360 Arden Road

4.5

$4,517.29

1400 Arden Road

0.505

$3,345.05

1470 Arden Road

2.5

$5,253.05

1480 Arden Road

2.5

$2,899.53

Total:

10.005

$16,014.92

FOR SALE > PATIO HOME OR CONDO DEVELOPMENT SITE

FOR SALE > PATIO HOME OR CONDO DEVELOPMENT SITE

Arden Park Estates

Arden Park Estates

1360, 1400, 1470 & 1480 ARDEN ROAD, COURTENAY, BC

1360, 1400, 1470 & 1480 ARDEN ROAD, COURTENAY, BC

DOWNTOWN COURTENAY

ND RO AD

CL

CUMB

ERLA

IF FE

TH

17

ST

RE

ET

AV E

NU

E

Townhome Rendering

AR N

DE

Purchase Price

AD RO

1400 Arden Road: Four Hundred, Eighty Eight Thousand Dollars ($488,000.00) 1360 & 1400 Arden Road: One Million, Eight Hundred, Eighty Thousand Dollars ($1,880,000.00) 1470 & 1480 Arden Road: One Million, Nine Hundred, Eighty Thousand Dollars ($1,980,000.00) 1360, 1400, 1470 & 1480 Arden Road: Three Million, Eight Hundred, Eighty Thousand Dollars ($3,880,000.00)

Contact Us JASON WINTON 250 740 1060 EXT. 2 [email protected]

BRAD BAILEY 250 740 1060 EXT. 1 [email protected]

COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 MAIN: +1 250 740 1060 FAX: +1 250 740 1067

Contact Us

www.collierscanada.com/nanaimo This document/email has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2017. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers Macaulay Nicolls Brokerage Inc. (Nanaimo).

JASON WINTON 250 740 1060 EXT. 2 [email protected]

BRAD BAILEY 250 740 1060 EXT. 1 [email protected]

COLLIERS INTERNATIONAL 335 Wesley Street, Suite 105 Nanaimo, BC V9R 2T5 MAIN: +1 250 740 1060 FAX: +1 250 740 1067

www.collierscanada.com/nanaimo