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 (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Total Living Area:
2,846 sq. ft.264 m2
Finished Area Above Grade:
2,397 sq. ft.223 m2
Zoning:
Residential, R1
Taxes:
$4,731.66 /
-
Community:
Campbell River Central
View:
Mountain view, Ocean view
Structure Type:
House
Bedrooms:
3
Bathrooms:
2.0
Cooling:
None
Fireplace:
Yes
Fireplaces:
2
Heating:
Forced air, Oil
Lot Size:
21,344 sq. ft.1,983 m2
Lot Details:
21344
Lot Features:
Central location, Park setting, Private setting, Wooded area, Other
Data was last updated November 5, 2025 at 08:15 PM (UTC)
Area Statistics
Listings on market:
88
Avg list price:
$1,301,950
Min list price:
$154,900
Max list price:
$2,800,000
Avg days on market:
50
Min days on market:
1
Max days on market:
335
Avg price per sq.ft.:
$317.88
These statistics are generated based on the current listing's property type
and located in
Campbell River Central. Average values are
derived using median calculations. This data is not produced by the MLS® system.