This offering includes 4 contiguous residential lots with 3 older rental homes with tenants in place. The properties are located within walking distance of downtown Campbell River and all amenities. They are within close proximity to Phoenix Middle School, Ecole du Monde and Cedar Elementary as well as a major bus route. The properties have laneway access off 9th Avenue. Campbell River's healthy real estate market has a demand for existing and additional residential rental properties. The RM3 zoning permits multi-unit residential development. The RM3 zoning would permit 14 dwelling units not including additional density bonus possibilities. One could continue to use the properties as current rentals, develop now or develop down the road. The beautiful community of Campbell River is located on the east coast of central Vancouver Island between Strathcona Park to the west, and the Discovery Islands to the east. Serving a city population of approximately 30,000, Campbell River is also the service centre for the communities on northern Vancouver Island. The city has all services and amenities, including a hospital, colleges, rec centres, museums, major shopping anchors and a wide variety of smaller shops and restaurants. Campbell River is nestled in a region rich in natural resources, scenic beauty and an incredible variety of wildlife. One of the four main fishing centres on Vancouver Island, the city is internationally famous for both its ocean and freshwater fishing and the year-round salmon fishing in Discovery Passage is unmatched. Visitors marvel at the array of natural beauty and the variety of outdoor activities this region has to offer. Raw beauty and pristine wilderness less than 4 hours from the booming metropolises of Vancouver or Victoria make Campbell River one of the most desirable destinations in British Columbia.