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:44056)

Property Details

Full Address:
1120 1st St, Courtenay, British Columbia
Price:
$ 949,900
MLS Number:
1021866
List Date:
December 12th, 2025
Lot Size:
7405 sq.ft.
Year Built:
1964
Taxes:
$ 4,669

Interior Features

Bedrooms:
5
Bathrooms:
3
Air Conditioning:
None
Heating:
Baseboard heaters, Electric

Building Features

Zoning:
Other
Garage Spaces:
4
Ownership Type:
Freehold
Taxes:
$ 4,669

Floors

Finished Area:
2425 sq.ft.
Main Floor:
2425 sq.ft.

Land

Lot Size:
7405 sq.ft.

Neighbourhood Features

Ratings

Commercial Info

Neighbourhood Details

Location

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Listing Agent(s)

Listing: Tessa Procter
RE/MAX Ocean Pacific Realty (Crtny)

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