For Sale: 869 Alder Street, Campbell River, BC - REW
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$1,749,000
0 bd • ba • 5360 sf • Multifamily
869 Alder Street
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$1,749,000
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869 Alder StCampbell River, BC, V9W 2P4

Campbell River Central
  • 0 Bed
  • Bath
  • 5360 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Hooman Sheikhy PREC*, Personal Real Estate Corporation, Sutton Group-West Coast Realty

Home facts and features

Price details
List Price
$1,749,000
Get Pre-Approved
Gross Taxes for 2026
$14,822
Home facts
Bedrooms
0
Full Bathrooms
Property Type
Multifamily
Lot Size
16988 ft²
Depth
Year Built
Built in 1979 (47 yrs old)
Title
Freehold
Heating Type
Baseboard heaters, Electric
Features
Central location, Sloping
Community
Agent details
Primary Agent
Hooman Sheikhy PREC*
Primary Broker
Sutton Group-West Coast Realty
Secondary Agent
Secondary Broker
Sutton Group-West Coast Realty
Listing details
Days on REW
39 Days
Property Views
97
MLS® Number
1040054
Source
Canadian Real Estate Association
Board
Vancouver Island Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Cedar School
  • Public
  • Pre-K - 5
  • In Catchment
Ecole Phoenix Middle
  • Public
  • 6 - 8
Ecole des Deux Mondes Elementary
  • Public
  • K - 5
Carihi Secondary School
  • Public
  • 9 - 12
Campbell River Christian School
  • Independent
  • K - 12
Timberline Secondary School
  • Public
  • 9 - 12
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Hooman Sheikhi PREC*
Phone:
(604) 773-4080
Office:
604-986-9321
Rose Sheikhi-vijeh
Phone:
(604) 617-6300
Office:
604-986-9321
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