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  COMOX VALLEY
  INVESTMENT CORPORATION
  

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  Comox Valley Investment Corporation (CVIC) is a land development and investment company focused on developing strategic lands throughout the Comox Valley on Vancouver Island.  Some key development areas include commercial, historical buildings, recreational and tourism, and residential.
  
  
  THERE ARE 2 SEPARATE INVESTMENT OPPORTUNITIES AVAILABLE:
  
  (#1)

• Secured Debentures
  and/or
  Preferred Shares  

(#2)

Limited Partnership into 8 Acres in the Comox Valley
-Land Rezoning & Subdivision-

Opportunity #1 - Secured Debentures & Preferred Shares INFO

Monthly Cash Flow

Minimum Investment = $25,000

SECURED DEBENTURES
18 months
12% per annum
12% redemption premium
Interest Paid Monthly
(Total Projected ROI = 30%)

PREFERRED SHARES
4 years
12% cumulative
75% redemption premium
Dividends Paid Monthly
RRSP Eligible
(Total Projected ROI = 123%)


*Option #1 involves investing in all projects
under development which are listed below.

Opportunity #2 - 8 Acres in Comox Valley INFO

Minimum Investment = $25,000

Return expected to be realized by the Fall of 2009.
Rezoning and subdividing 8 acres of land 2 blocks from Kitty Coleman Beach on the Strait of Georgia.
(Total Projected ROI = 75%)

*Option #2 involves investing in only the
Left Road Limited Partnership listed below.

LOCATION, LOCATION, LOCATION 

Located on central Vancouver Island, the Comox Valley is an idyllic and beautiful area with an abundance of outdoor activities and a pace of population growth that has surpassed the BC average by 3x and the Canadian average by 6x over the last 50 years.

COMOX VALLEY INVESTMENT CORPORATION DETAILS

The company acquires real estate with potential for increased value resulting from effective subdivision, rezoning or stratification. CVIC minimizes its management staff to principals, who direct its various experienced consultants and specialized professional firms to assist in the development/re-development process.

Using targeted marketing, CVIC sells its projects directly to experienced builders and other investors. CVIC does not incur the cost of servicing the subdivided land (i.e. roads, curbs, utilities, etc.) or of constructing residential units until a qualified purchaser for the serviced lots or residential units has made the required purchase deposit.


PROJECTS UNDER DEVELOPMENT

(1)  The Ilo Ilo Boutique Hotel, Theatre and Wine Bar

This unique property will accommodate:

• 54 hotel suites
• Wine bar/lounge
• Multi-use Theatre (for movies, live theatre, lectures, etc.)
• Street-front commercial space

Only hotel in Cumberland, located in the heart of historic Cumberland.

This historic landmark theatre will be restored and enhanced by this development. The theatre will feature two styles of seating: • Comfortable seating arrangements (couches, chairs, tables) with table service at the back of the theatre.

• Traditional theatre seating with small tables in the arms
• Projected seats: 250

The total property being developed will be 94,600 sq ft. We will be looking to approve approximately 300,000 sq ft as commercial and residential space. The planned ratio is approximately two-thirds residential, one-third commercial.

Development Permit application and completion timeline is subject to financing. The current projection has the Development Permit approved by November 2008, with the Grand Opening of the hotel in Spring 2010.

Estimated Total Revenue of the Project: $97,000,000
Gross profit estimated at $17,000,000


(2)  Left Road

This property is 8 acres within a five-minute walk from the sandy beach at Kitty Coleman, on the Strait of Georgia. This property is also a 15-minute drive from the amenities of Courtenay and Comox.

Currently we are re-zoning the property into 14 half-acre lots. This process is being managed by Lou Varela and Dale Bishop of Cipre Design Consortium. The project will be developed within the principles of site-adaptive design and sustainable building.

Estimated Total Revenue of the Project: $9,600,000
Gross profit estimated at $2,000,000


(3)  Union Road

28 acres situated at the Inland highway interchange to be rezoned for commercial and residential uses. This property features spectacular views of both the ocean and the coastal mountains.

We are rezoning for 2,620,000 sq ft, with 21% allocated as commercial.  Estimated value after rezoning exceeds $12,000,000. This process is being managed by Lou Varela and Dale Bishop of Cipre Design Consortium. The project will be developed within the principles of site-adaptive design and sustainable building.

Estimated Total Revenue of the Project: $614,000,000
profit estimated at $83,000,000

WHY CUMBERLAND NOW?

(1)    Influx of people from other regions seeking vacation and retirement properties.

(2)    Municipal boundaries (2008) = 4,000 acres Land already developed = 1,000 acres.  *Land available to develop = 3,000 acres.

(3)    Land is still under-valued relative to surrounding communities.

(4)    Unique diversity of lands within the area, including single-family, multi-family residential, commercial, recreational and industrial lands not found elsewhere in the Comox Valley.

(5)    Closest established municipality to many amenities, attractions and planned large developments.