Welcome to 765 8th Ave, Campbell River — a rare opportunity that blends investment potential with flexible living.
Set on a prime 0.50-acre lot, this property is zoned to allow a fourplex with the possibility to rezone for further development (buyer to verify). Priced to reflect both the generous lot size and the home’s condition, it’s an ideal canvas for builders, investors, or anyone ready to add value.
The existing 4-bedroom, 2-bathroom residence is functional but requires work/updates, offering room to build equity through improvement. The main floor is bright and welcoming, while the lower level adds flexibility with a family room, additional bedroom, den, storage, and an 11' x 13' workshop with exterior access—great for a home business, studio, or hobby space.
Development & use options include:
Keep the current home as a rental and add another dwelling on the lot.
Redevelop into a fourplex under current zoning.
Explore additional rezoning for expanded density (buyer to confirm with the City).
Property highlights: Two separate driveways for excellent access and parking flow
Single carport, Mature gardens, flowering shrubs, two vine-covered porches, and fenced raised garden beds
Quiet street close to town—privacy, space, and convenience
Whether you redevelop, invest, or create your family retreat, this large in-town lot offers serious upside and versatility.
Contact: Kim Rollins, eXp Realty phone 250-203-5144
Address
765 8th Ave
List Price
$580,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Transaction Type
Sale
Area
Campbell River
Sub-Area
CR Campbell River Central
Bedrooms
3
Bathrooms
2
Floor Area
2,397 Sq. Ft.
Lot Size
21344 Sq. Ft.
Lot Size (Acres)
0.49 Ac.
Year Built
1963
MLS® Number
1011655
Listing Brokerage
eXp Realty (CR)
Basement Area
Full, Partially Finished
Postal Code
V9W 4A7
Tax Amount
$4,731.66
Tax Year
2024
Features
Breakfast Nook, Dining Room, Eating Area, Forced Air, Laminate, Mixed, Oil
Amenities
Central Location, Easy Access, Garden, Landscaped, Park Setting, Private, Quiet Area, Wooded
