This 1.28-acre property offers a rare development opportunity in a highly desirable Central Campbell River location. Currently zoned RM-1, the site previously had an approved development permit for 11 free-standing units, showcasing its strong potential and flexibility. Developers can either revive the prior concept or explore rezoning options to further maximize density and unlock additional value. The area is ideally suited for a variety of housing forms, including townhomes, modular homes, or higher-density multi-unit projects. With it's location, size, and multiple pathways for development, this property is a great investment for builders and visionaries looking to create much-needed housing in Campbell River.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Land
Lease Type:
Sale of Assets, Sale Price
Listing General Location:
CR Campbell River Central, Campbell River
Bathrooms:
-
(Full:-/Half:-)
Lot Size:
1.28 acre(s)0.52 hectare(s)
Number of Storeys:
0
Water supply:
Municipal
Sewer:
Sewer Available
Fireplace:
No
Main Level
Jurisdiction name:
City of Campbell River
MHR Number:
51634
Occupancy:
Vacant
Lot Site Features:
Acreage, Central Location, Cleared, Irregular Lot, Level, Shopping Nearby
Parking Features:
On Site
Date Listed:
Mar 17, 2025
Original Price:
1149000.0
Photo 1 of 11
Photo 2 of 11
Previously approved plans
Previously approved plans w landscaping- doesn't include the 6 upper units
Data was last updated November 26, 2025 at 10:05 PM (UTC)
Area Statistics
Listings on market:
12
Avg list price:
$1,339,500
Min list price:
$375,000
Max list price:
$3,999,999
Avg days on market:
210
Min days on market:
26
Max days on market:
454
These statistics are generated based on the current listing's property type
and located in
CR Campbell River Central. Average values are
derived using median calculations. This data is not produced by the MLS® system.