Fantastic investment opportunity near downtown Courtenay, steps from Puntledge River Park and great schools! The Building includes 3 renovated and upgraded units, ready to rent: two 2-bed suites (market rent $2,100–$2,200 each) and one fully renovated 1-bed suite (market rent $1,600–$1,700), all with separate hydro meters. Projected gross income of $5,800+/month. Features include communal laundry, shared storage, fenced yard with vehicle access, shed, and ample parking. Zoned R-SSMUH, allowing up to four units per lot, making this a prime cash-flowing property or live-in investment opportunity on a beautiful lot right across from the park and river and walking distance to downtown Courtenay shops, restaurants and breweries! Ask for the full feature sheet of renovations!
Address
1120 First St
List Price
$949,900
Property Type
Residential
Type of Dwelling
Triplex
Area
Comox Valley
Sub-Area
CV Courtenay City
Bedrooms
5
Bathrooms
3
Floor Area
2,425 Sq. Ft.
Lot Size
7405.2 Sq. Ft.
Lot Size (Acres)
0.17 Ac.
Year Built
1964
MLS® Number
1003158
Listing Brokerage
RE/MAX Ocean Pacific Realty (Crtny)
Basement Area
Crawl Space
Postal Code
V9N 1A9
Tax Amount
$3,791.00
Tax Year
2024
Features
Baseboard, Electric, Mixed
Amenities
Family-Oriented Neighbourhood, Recreation Nearby, Shopping Nearby, Southern Exposure