869 Alder St Campbell River, British Columbia V9W 2P4
$1,749,000
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:59709)
Property Details
| MLS® Number | 1040054 |
| Property Type | Multi-family |
| Neigbourhood | Campbell River Central |
| Features | Central Location, Sloping, See Remarks, Other |
| Plan | Vip29830 |
| View Type | City View, Ocean View |
Building
| Constructed Date | 1979 |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Exterior | 5360 Sqft |
| Type | Multi-family |
Land
| Acreage | No |
| Size Irregular | 16988 |
| Size Total | 16988 Sqft |
| Size Total Text | 16988 Sqft |
| Zoning Description | Rm3 |
| Zoning Type | Unknown |
https://www.realtor.ca/real-estate/29898851/869-alder-st-campbell-river-campbell-river-central
Contact Us
Contact us for more information
Hooman Sheikhy
Personal Real Estate Corporation, The Sheikhy Team
bcbest.properties/
www.youtube.com/embed/uZAMLkcf0cs
#100 - 801 Marine Drive
North Vancouver, British Columbia V7P 3K6
(604) 986-9321
(604) 986-9122
suttonwestcoast.com/
Rose Sheikhy
The Sheikhy Team
#100 - 801 Marine Drive
North Vancouver, British Columbia V7P 3K6
(604) 986-9321
(604) 986-9122
suttonwestcoast.com/
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA's Data Distribution Facility (DDF®)
June 12 2026 10:42:12
Vancouver Island Real Estate Board
Sutton Group-West Coast Realty