3763 Discovery Dr
Campbell River, BC V9W4X5
$439,800
Property Details
Property & Lot
- Lot size
- 12,197 square feet
- Zoning
- Multi-Family
RM-1
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,491
Interior
- Fireplace
- None
Listing Information
- MLS®
- 1027097
- Listed
- February 27, 2026
- Time on market
- On the market for 186 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Advance Realty · Data source: CREA DDF.
Description
Discover the perfect investment opportunity with this multi-family zoned and serviced (RM-1) lot allowing up to 3-4 units. You could retain one title and have it as an investment or strata title the individual units. It's a good size (0.28 acre) and is located between the corner lot and level entry house to the north. The layout options will give you possible town house style or small apartment style depending on your plan. Check it out and plan for the future as multi zoned lots have been hard to find over the years. (id:63159)
Location Insights
Weather
14°C
Shallow Fog
Humidity 100%
Wind NW 9 km/h
Tonight
13°
Tuesday
20°
Tuesday night
16°
Wednesday
16°
Wednesday night
11°
Thursday
17°
Source: Environment and Climate Change Canada.
Population
35,519
(2021 Census)
+7.6% since 2016
Density: 246/km²
Dwellings: 16,194
Median household income: $78,000
After-tax: $70,000
Immigrant population: 10.5%
Top countries of origin (% of total population)
- United Kingdom2.7% · 960
- United States of America1% · 355
- Philippines0.9% · 320
- Germany0.6% · 215
- South Africa, Republic of0.5% · 165
- India0.5% · 160
- Netherlands0.3% · 120
- Viet Nam0.3% · 105
Source: Statistics Canada, 2021 Census of Population.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Ripple Rock Elementary | Elementary | 3.9 km |
| Quadra Elementary | Elementary | 4.2 km |
| Ecole Phoenix Middle | Elementary | 4.3 km |
| Ecole Des Deux Mondes Elementary | Elementary | 4.6 km |
| Carihi Secondary | Elementary | 5.0 km |
| Secondaire Carihi | Secondary | 5.0 km |
| Cedar Elementary | Elementary | 5.3 km |
| Campbell River Christian School(Independent) | K-12 | 6.3 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
School district: Campbell River (SD72)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($21,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.