Address
Lot A Ulverston Ave, Cumberland, BC
Price
$ 2,750,000
Property Attributes
  • MLS#928539
  • TypeCommercial
  • CityCumberland
  • AreaComox Valley
  • NeighbourhoodCV Cumberland
  • Postal CodeV0R 1S0
  • Style
  • Taxes$ 4597
  • Price$ 2,750,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size6.61 Acres
Data Source:
Vancouver Island Real Estate Board (VIREB)
Property Description

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.

General Features

Zoning RU-1
Property SubType Other
Property Type Commercial Sale
Commercial Area Other
Commercial Listing Type Land

Exterior Features

Lot Size Square Feet 287365.00
Lot Size Acres 6.61
Parking Onsite YN Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V0R 1S0

Price
AVG $2.75M
$2.75M
Visits
AVG 39
73
Data Provided by Inside Real Estate®