Courtenay BC, V9N 1A9
Property Information:
Fantastic investment opportunity near downtown Courtenay, just steps from Puntledge River Park and great schools! This well-maintained triplex features 3 renovated and upgraded units plus a new roof, offering excellent long-term value. The upper 2-bedroom suite is currently rented for $2,100/month, the lower 1-bedroom suite is rented for $1,800/month, and the second 2-bedroom suite is vacant with an estimated market rent of $2,200/month. Tenants pay their own utilities, and all units have separate hydro meters. Property highlights include communal laundry, shared storage, a fenced yard with vehicle access, a storage shed, and ample parking. Zoned R-SSMUH, allowing up to four units per lot—making this a prime cash-flowing investment or live-in opportunity on a beautiful lot across from the park and river, and walking distance to downtown shops, restaurants, and breweries. Ask for the full feature sheet with complete renovation details!
Property Features:
- Bedrooms: 5
- Bathrooms: 3
- Annual Tax Amount: $4,669
- Basement: Crawl Space
- Built in: 1964
- Construction Materials: Frame Wood, Insulation All
- Cooling: None
- Floor Space (approx): 2425 Square Feet
- Flooring: Mixed
- Foundation Details: Concrete Perimeter
- Heating: Baseboard, Electric
- Laundry Features: Common Area
- Lot Features: Family-Oriented Neighbourhood, Recreation Nearby, Shopping Nearby, Southern Exposure
- Lot Frontage: 7405.2 Square Feet
- Lot Size: 7405.20 Square Feet
- Ownership: Freehold
- Parking Features: Driveway, Open
- Pets Allowed: Aquariums, Birds, Caged Mammals, Cats OK, Dogs OK
- Property Condition: Resale
- Property Sub Type: Triplex
- Road Surface Type: Paved
- Roof: Asphalt Torch On
- Water Source: Municipal
- Zoning: R-SSMUH
- Zoning Description: Other
- Sewer:
- No. of Parking Spaces: 4
Rooms:
- Bedroom Other level :Lower 3.66 m x 3.15 m 12 ft x 10'4 ft
- Laundry Other level :Lower 3.53 m x 3.02 m 11'7 ft x 9'11 ft
- Kitchen Other level :Lower 4.32 m x 2.95 m 14'2 ft x 9'8 ft
- Living Other level :Lower 4.29 m x 3.25 m 14'1 ft x 10'8 ft
- Bathroom Other level :Lower
- Kitchen Main Level 4.17 m x 3.66 m 13'8 ft x 12 ft
- Bathroom Main Level
- Bedroom Main Level 3.71 m x 3.15 m 12'2 ft x 10'4 ft
- Living Main Level 4.83 m x 3.25 m 15'10 ft x 10'8 ft
- Living Main Level 4.06 m x 3.40 m 13'4 ft x 11'2 ft
Convert Measurement to:
Courtesy of: RE/MAX Ocean Pacific Realty (Crtny)
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.
⚠ Potential Investment Performance
There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation
Market Price Trends
Location of 1120 1st St, Courtenay, BC, V9N 1A9
Demographic Information of 1120 1st St, Courtenay, BC, V9N 1A9
Life Stage
Young CouplesEmployment Type
Service Sector/White CollarAverage Household Income
$103,741.57Average Number of Children
1.70Household Population
Household Structure
Age of Population
Education
Education Level
No certificate/diploma/degree
9.68 %High school certificate or equivalent
32.2 %Apprenticeship trade certificate/diploma
10.22 %College/non-university certificate
23.73 %University certificate (below bachelor)
1.18 %University Degree
22.99 %Commuter
Travel To Work
By Car
84.03 %By Public Transit
0.0 %By Walking
8.2 %By Bicycle
2.8 %By Other Methods
4.97 %Cultural Diversity
Knowledge of Official Language
Mother Tongue
Building Information
Building Type
Apartments (Low and High Rise)
5.14 %Houses
94.86 %