869 Alder St, CAMPBELL RIVER

2026-06-13
 

Quick Summary

Location
869 Alder St, CAMPBELL RIVER, British Columbia V9W2P4
Price
$1,749,000 CAD
Status:
For Sale
Property Type:
Multi-family
Year of Construction:
1979

MLS®#1040054

Property Description

Exceptional investment and redevelopment opportunity in the heart of downtown Campbell River. This well-maintained multi-family property features 8 spacious two-bedroom rental units (2 units recently renovated), providing stable cash flow and strong upside potential. The property includes 15 on-site parking stalls, a valuable asset for both tenants and future development. Ideally located within walking distance to the ocean, shopping, restaurants, and key amenities. Investors can benefit from immediate rental income while holding for future appreciation. Developers will appreciate the significant redevelopment potential, as this property may be purchased individually or assembled with adjacent properties, creating an opportunity for approximately 96,000 sqft of future development. A rare change to secure strong income today and substantial development value for tomorrow. For more info please contact us at (604)-773-4080 (id:32467)

Property Features

Building

  • Fireplace: No
  • Building Type: Multi-Family

Features

  • Feature: Central location, Sloping, See remarks, Other

Land

  • Land Size: 16988 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: RM3

Information entered by Sutton Group-West Coast Realty
Listing information last updated on: 2026-06-24 21:04:32


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same. Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.

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