765 8th Ave Active Save Request In-Person Tour Request Virtual Tour
Campbell River,BC V9W4A7
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Square Footage 2,846 sqft
Price per Sqft $203
Subdivision Campbell River Central
MLS Listing ID 1011655
Bedrooms 3
Year Built 1963
Lot Size 0.490 Acres
Property Sub-Type Freehold
Property Description
Welcome to 765 8th Ave, Campbell River — a rare opportunity that blends investment potential with family living. Set on a prime .50-acre lot, this property is already zoned to allow a fourplex, with possible options to rezone for further development. Priced well, the value reflects both the size of the lot and the condition of the home. The existing 4-bedroom, 2-bathroom residence is functional and full of potential, but it will require a new perimeter drain (approx. $20,000) and some general updates — offering the chance to build equity through improvement. The main floor is bright and welcoming, while the lower level provides flexibility with a family room, additional bedroom, den, storage, and an 11x13 workshop with exterior access — perfect for a home business or hobby space. Outdoors, enjoy mature gardens, flowering shrubs, two vine-covered porches, and fenced raised garden beds. Two separate driveways plus a single carport provide excellent parking and access. Investment scenario: At $600,000 with 5% down ($30,000), in 5 years you could pay down approx. $68,000 in principal while also benefiting from property appreciation. With even modest 3% annual growth, the property could be worth over $695,000 in five years — turning updates today into long-term equity tomorrow. Tucked away on a quiet street yet close to town, this property offers privacy, space, and opportunity. Whether you redevelop, invest, or create your family retreat, it's a chance to own a sizeable lot with strong future potential. Contact Kim Rollins, eXp Realty at 250-203-5144 or kim@kimrollins.ca to schedule a viewing. (id:24570)
Location
Province BC
Zoning Residential
Rooms
Kitchen 1.0
Interior
Heating Forced air,
Cooling None
Fireplaces Number 2
Exterior
Parking Features No
View Y/N Yes
View Mountain view,Ocean view