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Located in a busy area of Campbell River BC, this opportunity consists of 2 Separate parcels of land (totaling approx. 2.09 Acres), 3 single story buildings containing 18 Commercial rental units (approx. 27547 sq. ft of rentable space). Current Cap rate is approximately at 5.9%. There is plenty of upside as current rents are slightly below market rate and there is room for additional buildings on the site. Historically the vacancies have been few and far between. The zoning C-1 provides many uses and possibilities. Recent upgrades include repaving a portion of the lot as well as some painting upgrades.

1024110 MLS

Located in a busy area of Campbell River BC, this opportunity consists of 2 Separate parcels of land (totaling approx. 2.09 Acres), 3 single story buildings containing 18 Commercial rental units (approx. 27547 sq. ft of rentable space). Current Cap rate is approximately at 5.9%. There is plenty of upside as current rents are slightly below market rate and there is room for additional buildings on the site. Historically the vacancies have been few and far between. The zoning C-1 provides many uses and possibilities. Recent upgrades include repaving a portion of the lot as well as some painting upgrades.

1241 Ironwood St, Campbell River

Courtesy of Royal LePage-Comox Valley (CV)

$2,175,000

17.23-acre rural investment opportunity in North Courtenay with established agri-business infrastructure and income potential. Approximately one acre is in production with blueberries, cherries, strawberries, vegetables, and cut flowers, supported by a roadside farm stand. Outbuildings include greenhouses, workshop, studio, storage buildings, 2 walk-in coolers, and kiosk, supporting continued or expanded agricultural use. Three separate 200-amp electrical services provide excellent capacity for business operations. Additional dwellings include a second residence with its own well and septic, an unfinished 1-bed tiny home, and an unfinished guesthouse with bathroom—ideal for staff housing, rental income, or multigenerational living. The custom 5-bed, 4-bath main home offers comfortable owner-operator living with a main-level primary bedroom, heat pump, woodstove, and chef-inspired kitchen. Private setting backing onto a creek, minutes to Courtenay amenities, airport, parks, and beaches.

1023759 MLS

17.23-acre rural investment opportunity in North Courtenay with established agri-business infrastructure and income potential. Approximately one acre is in production with blueberries, cherries, strawberries, vegetables, and cut flowers, supported by a roadside farm stand. Outbuildings include greenhouses, workshop, studio, storage buildings, 2 walk-in coolers, and kiosk, supporting continued or expanded agricultural use. Three separate 200-amp electrical services provide excellent capacity for business operations. Additional dwellings include a second residence with its own well and septic, an unfinished 1-bed tiny home, and an unfinished guesthouse with bathroom—ideal for staff housing, rental income, or multigenerational living. The custom 5-bed, 4-bath main home offers comfortable owner-operator living with a main-level primary bedroom, heat pump, woodstove, and chef-inspired kitchen. Private setting backing onto a creek, minutes to Courtenay amenities, airport, parks, and beaches.

2156 Coleman Rd, Courtenay

Courtesy of Royal LePage-Comox Valley (CV)

$1,649,000

Welcome to a turn-key homestead or market garden on nearly 10 acres in Deep Merville- a peaceful rural community with quiet roads and a strong local connection. This unique package offers privacy, productivity, and potential. At the heart of the property is a cozy, spacious 3-level home featuring exposed beams, a wood stove, and an open-concept layout. The generous kitchen overlooks the gardens and is full of natural light. The five-piece bathroom has been updated, and the whitewashed tongue-and-groove ceilings add character throughout. With seven bedrooms and four bathrooms, there's room for guests, family, or rental flexibility. The mostly finished basement includes an in-law suite and a grow room. The land is set up for market gardening: landscape-fabric beds, greenhouse, irrigation from a dugout, and gear for 150 chickens. Outbuildings include a large barn, drive shed with enclosed cabin, Quonset, and workshop-ready for your next chapter

7 Beds ⋅ 4 Baths ⋅ 1023819 MLS

Welcome to a turn-key homestead or market garden on nearly 10 acres in Deep Merville- a peaceful rural community with quiet roads and a strong local connection. This unique package offers privacy, productivity, and potential. At the heart of the property is a cozy, spacious 3-level home featuring exposed beams, a wood stove, and an open-concept layout. The generous kitchen overlooks the gardens and is full of natural light. The five-piece bathroom has been updated, and the whitewashed tongue-and-groove ceilings add character throughout. With seven bedrooms and four bathrooms, there's room for guests, family, or rental flexibility. The mostly finished basement includes an in-law suite and a grow room. The land is set up for market gardening: landscape-fabric beds, greenhouse, irrigation from a dugout, and gear for 150 chickens. Outbuildings include a large barn, drive shed with enclosed cabin, Quonset, and workshop-ready for your next chapter

6499 Fitzgerald Rd, Merville

Courtesy of Royal LePage-Comox Valley (CV)

$2,175,000

Dream rural estate on 17.23 acres in desirable North Courtenay, offering exceptional privacy, lifestyle, and income potential. The custom 5-bed, 4-bath home features soaring ceilings, Brazilian cherry hardwood floors, woodstove, heat pump, and a chef-inspired kitchen with butler’s pantry. Main-level primary bedroom for convenient living. Approximately one acre is a productive berry and vegetable farm with roadside stand, offering blueberries (multiple varieties), cherries, strawberries, produce, and cut flowers. Multiple auxiliary dwellings include an unfinished 1-bed/1-bath tiny home, a second residence with its own well and septic, and an unfinished guesthouse with bathroom. Outbuildings include greenhouses, workshop, studio, storage, two walk-in coolers, and kiosk. Three 200-amp services. Privately set back, backing onto a creek, minutes to beaches, parks, airport, college, and shopping. A rare rural opportunity with flexibility for multigenerational living or agri-business use.

7 Beds ⋅ 4 Baths ⋅ 1023409 MLS

Dream rural estate on 17.23 acres in desirable North Courtenay, offering exceptional privacy, lifestyle, and income potential. The custom 5-bed, 4-bath home features soaring ceilings, Brazilian cherry hardwood floors, woodstove, heat pump, and a chef-inspired kitchen with butler’s pantry. Main-level primary bedroom for convenient living. Approximately one acre is a productive berry and vegetable farm with roadside stand, offering blueberries (multiple varieties), cherries, strawberries, produce, and cut flowers. Multiple auxiliary dwellings include an unfinished 1-bed/1-bath tiny home, a second residence with its own well and septic, and an unfinished guesthouse with bathroom. Outbuildings include greenhouses, workshop, studio, storage, two walk-in coolers, and kiosk. Three 200-amp services. Privately set back, backing onto a creek, minutes to beaches, parks, airport, college, and shopping. A rare rural opportunity with flexibility for multigenerational living or agri-business use.

2156 Coleman Rd, Courtenay

Courtesy of Royal LePage-Comox Valley (CV)

$6,200,000

This prime 8.56-acre commercial/industrial development parcel provides a rare development opportunity within the municipal boundaries of the Town of Comox, located on picturesque Vancouver Island. This high-visibility location at the southeast corner of Pritchard and Knight Roads, on the Pritchard Road corridor, is situated almost directly across from the entrance to the Comox Valley Airport and only a few minutes' drive to the Comox marina and downtown Comox. Beaches, golf courses and the Comox Valley hospital are all within 10 minutes' easy drive along major Comox Valley arteries. Don't miss this opportunity - contact listing agent for further details and information package.

1021552 MLS

This prime 8.56-acre commercial/industrial development parcel provides a rare development opportunity within the municipal boundaries of the Town of Comox, located on picturesque Vancouver Island. This high-visibility location at the southeast corner of Pritchard and Knight Roads, on the Pritchard Road corridor, is situated almost directly across from the entrance to the Comox Valley Airport and only a few minutes' drive to the Comox marina and downtown Comox. Beaches, golf courses and the Comox Valley hospital are all within 10 minutes' easy drive along major Comox Valley arteries. Don't miss this opportunity - contact listing agent for further details and information package.

1194 Pritchard Rd, Comox

Courtesy of Royal LePage Coast Capital Realty

$3,750,000

4 ACRES - SUPER HIGH VISIBILITY. Located at the South end of Courtenay on the 29th Street connector to the inland highway. Light industrial zoning.

1015472 MLS

4 ACRES - SUPER HIGH VISIBILITY. Located at the South end of Courtenay on the 29th Street connector to the inland highway. Light industrial zoning.

2920 Piercy Ave, Courtenay

Courtesy of RE/MAX Ocean Pacific Realty (Crtny)

$1,120,000

“The A Frame in Granite Bay” offers amazing ocean views, a sense of history, and space to settle. Granite Bay is on the NW coast of Quadra Island with convenient road access (paved to gravel) and is approx. 25 minutes from the ferry terminal at Quathiaski Cove. The bay provides a community dock and a public boat launch. The offering includes two lots, totaling 3.96 acres, with approx. 1200ft of oceanfront. The roadway comes into the property at the oceanfront and there is a good walking path that continues from the roadway to the far back corner of the property. The property is nicely treed for the most part, but with a gentle, gradual slope it is easy to access. While the area around the old cabin site is cleared the old cabin remains are not safe to access. BC Hydro power is available for the property, running near the top property line. A water license for domestic water use is in place on Larson Creek, which enters Granite Bay at the south end of the property.

1007634 MLS

“The A Frame in Granite Bay” offers amazing ocean views, a sense of history, and space to settle. Granite Bay is on the NW coast of Quadra Island with convenient road access (paved to gravel) and is approx. 25 minutes from the ferry terminal at Quathiaski Cove. The bay provides a community dock and a public boat launch. The offering includes two lots, totaling 3.96 acres, with approx. 1200ft of oceanfront. The roadway comes into the property at the oceanfront and there is a good walking path that continues from the roadway to the far back corner of the property. The property is nicely treed for the most part, but with a gentle, gradual slope it is easy to access. While the area around the old cabin site is cleared the old cabin remains are not safe to access. BC Hydro power is available for the property, running near the top property line. A water license for domestic water use is in place on Larson Creek, which enters Granite Bay at the south end of the property.

Lots A&B Granite Bay Rd, Quadra Island

Courtesy of Royal LePage Advance Realty

$6,250,000

Unprecedented oceanfront estate! Nestled under towering fir trees and overlooking the waters of Hyacinthe Bay on the east coast of Quadra Island, this beautiful property with approx. 1792ft of oceanfront features a stunning 7,315sqft main residence fronted by a spacious deck overlooking a private bay, a duplex oceanfront guest residence, a four car garage with large 1 bedroom upper suite, a 1 bedroom guest cabin, a boathouse, and a dock with power. The residences were custom-built by a respected local builder and reflect a masterwork of design and craftsmanship. This home is made for multi-generational living and for large groups to enjoy, in a great area for kayaking and shellfish harvesting. It would be ideal as a corporate retreat for entertaining guests and/or for hosting staff, or running as a business that offers retreats of various kinds (kayaking tours, yoga retreats, relaxation weekends, etc). One of the most versatile and stunning properties you will find on the islands!

6 Beds ⋅ 8 Baths ⋅ 1007011 MLS

Unprecedented oceanfront estate! Nestled under towering fir trees and overlooking the waters of Hyacinthe Bay on the east coast of Quadra Island, this beautiful property with approx. 1792ft of oceanfront features a stunning 7,315sqft main residence fronted by a spacious deck overlooking a private bay, a duplex oceanfront guest residence, a four car garage with large 1 bedroom upper suite, a 1 bedroom guest cabin, a boathouse, and a dock with power. The residences were custom-built by a respected local builder and reflect a masterwork of design and craftsmanship. This home is made for multi-generational living and for large groups to enjoy, in a great area for kayaking and shellfish harvesting. It would be ideal as a corporate retreat for entertaining guests and/or for hosting staff, or running as a business that offers retreats of various kinds (kayaking tours, yoga retreats, relaxation weekends, etc). One of the most versatile and stunning properties you will find on the islands!

1790 Hyacinthe Bay Rd, Quadra Island

Courtesy of Royal LePage Advance Realty

$1,850,000

In one of the Comox Valley's most esteemed areas, this new offering presents a 4.97-acre parcel featuring 391 feet of walk-on waterfront. The parcel's tiered geography enables several building sites that offer monumental views of the Coastal mountains, the Strait of Georgia, and the Sunshine Coast. A well-sited and permitted septic system is in place on an upper tier, ready for use. The zoning supports two residential structures, opening up a wealth of creative possibilities, such as a beach house, equestrian facilities, an extended family compound, or a serene and private holding. To the south, Eagles Drive Park offers upgraded beach access and development protection, making it an ideal neighbor. The parcel boasts a garden of Eden aesthetic with the natural flora and fauna of Vancouver Island throughout. Several magnificent estates lie to the north, bathed in invigorating ocean breezes, along a no-exit road. Public boat launch is 5 minutes away. Come see for yourself

997688 MLS

In one of the Comox Valley's most esteemed areas, this new offering presents a 4.97-acre parcel featuring 391 feet of walk-on waterfront. The parcel's tiered geography enables several building sites that offer monumental views of the Coastal mountains, the Strait of Georgia, and the Sunshine Coast. A well-sited and permitted septic system is in place on an upper tier, ready for use. The zoning supports two residential structures, opening up a wealth of creative possibilities, such as a beach house, equestrian facilities, an extended family compound, or a serene and private holding. To the south, Eagles Drive Park offers upgraded beach access and development protection, making it an ideal neighbor. The parcel boasts a garden of Eden aesthetic with the natural flora and fauna of Vancouver Island throughout. Several magnificent estates lie to the north, bathed in invigorating ocean breezes, along a no-exit road. Public boat launch is 5 minutes away. Come see for yourself

6510 Eagles Dr, Courtenay

Courtesy of Sotheby's International Realty Canada (Vic2)

$1,799,000

Over 37 Acres in Fanny Bay BC - NOT in the ALR! Discover a beautiful and private setting with legal access via Leet Lane. This expansive property offers endless possibilities, with the majority zone RU-20 and a smaller portion on the west side zoned UR. Whether your looking to build, invest, or create a retreat this versatile land is ready for your vision. Conveniently located less than 20 minutes from Courtenay, providing easy access to all amenities and shopping. Located just a short distance from the ocean - fishing and water sports are within a short drive or walk. Lot lines in photo's are approximate. Follow the links for more details - call today to book your private showing!

997218 MLS

Over 37 Acres in Fanny Bay BC - NOT in the ALR! Discover a beautiful and private setting with legal access via Leet Lane. This expansive property offers endless possibilities, with the majority zone RU-20 and a smaller portion on the west side zoned UR. Whether your looking to build, invest, or create a retreat this versatile land is ready for your vision. Conveniently located less than 20 minutes from Courtenay, providing easy access to all amenities and shopping. Located just a short distance from the ocean - fishing and water sports are within a short drive or walk. Lot lines in photo's are approximate. Follow the links for more details - call today to book your private showing!

471 Leet Lane, Fanny Bay

Courtesy of Remax 2000 Realty

$6,900,000

This well-located multi-family development opportunity comprises 4 separate residential properties totaling 10 acres within the municipal boundaries of the City of Courtenay on picturesque Vancouver Island. With the province-mandated zoning changes to allow more multi-family opportunities, the timing could not be better. The property is situated in a quiet single- and multi-family residential neighborhood and is within easy walking distance to many schools and downtown Courtenay. The seller has done extensive work on preparing these sites for development. An information package is available. Please contact listing realtor for more details. Timing is ideal for residential development - don't miss this opportunity

970278 MLS

This well-located multi-family development opportunity comprises 4 separate residential properties totaling 10 acres within the municipal boundaries of the City of Courtenay on picturesque Vancouver Island. With the province-mandated zoning changes to allow more multi-family opportunities, the timing could not be better. The property is situated in a quiet single- and multi-family residential neighborhood and is within easy walking distance to many schools and downtown Courtenay. The seller has done extensive work on preparing these sites for development. An information package is available. Please contact listing realtor for more details. Timing is ideal for residential development - don't miss this opportunity

1480 Arden Rd, Courtenay

Courtesy of Royal LePage Coast Capital Realty

$3,895,000

Discover Terra Nova Farms on Quadra Island, BC, spanning 106 acres with 2,400+ linear feet of high bank waterfront. This amazing property boasts of two homes and a caretaker's suite. Enjoy diverse agricultural ventures across acres of fertile land, including orchards with 800 apple trees, kiwi fruit, blueberry patches, plum, figs, and grape vines—too many to mention. Multiple greenhouses and irrigation systems ensure bountiful harvests while conserving water resources. With 76 acres in the Agriculture Land Reserve and 30 acres zoned RU-1 waterfront, Terra Nova Farms offers versatility for farming, residential, or recreational use. Experience Quadra Island's outdoor paradise, from whale watching to hiking, right at your doorstep. Four more houses plus one more secondary dwelling are allowed. Plus a development opportunity, as a strata subdivision of three 5-acre waterfront lots, is near completion. Contact the listing agent for more details. shane@shanehedefine.com. Watch the video:)

6 Beds ⋅ 4 Baths ⋅ 956387 MLS

Discover Terra Nova Farms on Quadra Island, BC, spanning 106 acres with 2,400+ linear feet of high bank waterfront. This amazing property boasts of two homes and a caretaker's suite. Enjoy diverse agricultural ventures across acres of fertile land, including orchards with 800 apple trees, kiwi fruit, blueberry patches, plum, figs, and grape vines—too many to mention. Multiple greenhouses and irrigation systems ensure bountiful harvests while conserving water resources. With 76 acres in the Agriculture Land Reserve and 30 acres zoned RU-1 waterfront, Terra Nova Farms offers versatility for farming, residential, or recreational use. Experience Quadra Island's outdoor paradise, from whale watching to hiking, right at your doorstep. Four more houses plus one more secondary dwelling are allowed. Plus a development opportunity, as a strata subdivision of three 5-acre waterfront lots, is near completion. Contact the listing agent for more details. shane@shanehedefine.com. Watch the video:)

243 Cape Mudge Rd, Quadra Island

Courtesy of REMAX Ocean Pacific (CR)

$3,000,000

One of the last available large development properties in Cumberland. This 6.5 acre lot has 1000 ft of frontage along Ulverston Avenue. It sits in-between industrial properties across Ulverston and neighbourhoods to the south and west, including the designated intensive residential area on Carlisle Lane. Directly to the west of the property is Ravenwood Park. Current zoning is R1 but the Official Community Plan designates this lot as mixed land use, which can be either multi-family residential - with densities greater than 15 unites per acre - commercial, or mixed use. Could be anything from an apartment block, to row houses, to a storage complex, to Cumberland's version of Tin Town with commercial at grade and residential above. Power runs the length of the property and sewer and water are at the lot line. An easy walk to the main shopping and cultural centre on Dunsmuir, close to the Village Park, BMX track, and all the mountain biking/hiking trails of the Cumberland Forest.

928539 MLS

One of the last available large development properties in Cumberland. This 6.5 acre lot has 1000 ft of frontage along Ulverston Avenue. It sits in-between industrial properties across Ulverston and neighbourhoods to the south and west, including the designated intensive residential area on Carlisle Lane. Directly to the west of the property is Ravenwood Park. Current zoning is R1 but the Official Community Plan designates this lot as mixed land use, which can be either multi-family residential - with densities greater than 15 unites per acre - commercial, or mixed use. Could be anything from an apartment block, to row houses, to a storage complex, to Cumberland's version of Tin Town with commercial at grade and residential above. Power runs the length of the property and sewer and water are at the lot line. An easy walk to the main shopping and cultural centre on Dunsmuir, close to the Village Park, BMX track, and all the mountain biking/hiking trails of the Cumberland Forest.

Lot A Ulverston Ave, Cumberland

Courtesy of Engel & Volkers Vancouver Island North

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