$580,000 | Campbell River Central Campbell River House for Sale at 765 8th Avenue Campbell River

Explore 765 8th Avenue, a Desirable Campbell River Central home for sale for $580,000! This Campbell River Central House for sale in Campbell River has been listed on Real-Estate.ca for 54 days under MLS® #1011655. It has had a $20,000 price change under this MLS#. This home is a 2,846 square foot Single Family House built in 1963 with 3 bedrooms and 2.00 bathrooms. Explore the Campbell River real estate market and available Campbell River Central homes for sale!

Welcome to 765 8th Ave, Campbell River — a rare opportunity that blends investment potential with family living. Set on a prime .50-acre lot, this property is already zoned to allow a fourplex, with possible options to rezone for further development. Priced well, the value reflects both the size of the lot and the condition of the home. The existing 4-bedroom, 2-bathroom residence is functional and full of potential, but it will require a new perimeter drain (approx. $20,000) and some general updates — offering the chance to build equity through improvement. The main floor is bright and welcoming, while the lower level provides flexibility with a family room, additional bedroom, den, storage, and an 11x13 workshop with exterior access — perfect for a home business or hobby space. Outdoors, enjoy mature gardens, flowering shrubs, two vine-covered porches, and fenced raised garden beds. Two separate driveways plus a single carport provide excellent parking and access. Investment scenario: At $600,000 with 5% down ($30,000), in 5 years you could pay down approx. $68,000 in principal while also benefiting from property appreciation. With even modest 3% annual growth, the property could be worth over $695,000 in five years — turning updates today into long-term equity tomorrow. Tucked away on a quiet street yet close to town, this property offers privacy, space, and opportunity. Whether you redevelop, invest, or create your family retreat, it’s a chance to own a sizeable lot with strong future potential. Contact Kim Rollins, eXp Realty at 250-203-5144 or kim@kimrollins.ca to schedule a viewing. (id:6289)

Campbell River Central Map, Demographics, Characteristics