1120 1st St, COURTENAY

2025-12-12
 

Quick Summary

Location
1120 1st St, COURTENAY, British Columbia V9N1A9
Price
$949,900 CAD
Status:
For Sale
Property Type:
Single Family
Area:
2425 sqft
Bedrooms:
5
Bathrooms:
3
Year of Construction:
1964

MLS®#1021866

Property Description

Fantastic investment opportunity near downtown Courtenay, just steps from Puntledge River Park and great schools! This well-maintained triplex features three 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! (id:32467)

Property Features

Building

  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 2425 sqft
  • Building Type: Triplex

Features

  • Feature: Southern exposure, Other

Land

  • Land Size: 7405 sqft

Ownership

  • Type: Freehold

Zoning

  • Description: R-SSMUH

Information entered by RE/MAX Ocean Pacific Realty (Crtny)
Listing information last updated on: 2025-12-12 21:23:08


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$500,000

Your One Percent Realty Commission savings

$500,000

Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.

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