Fantastic investment opportunity in a great family-friendly location close to downtown Courtenay and directly across from popular Puntledge River Park! This full duplex offers three recently renovated units: two 2-bedroom suites (market rent $2,100–$2,200) and a fully renovated 1-bedroom suite (market rent $1,600–$1,700), all with separate hydro meters. The 1-bed unit features a gorgeous new kitchen with oversized island, updated bathroom, and new flooring, while the 2-bed units include upgrades like new bathroom tile, fresh paint, new fixtures, and flooring. With projected total rents of $5,800+/month, communal laundry, shared storage, fenced backyard with vehicle access, a 7x7 shed, private garden, concrete patio, covered BBQ area, and parking for five vehicles, this property offers strong cash flow potential. Zoned R-SSMUH, allowing up to four units per lot, this is an excellent investment or live-in opportunity in one of Courtenay’s best areas.
Address
1120 First St
List Price
$979,900
Property Type
Residential
Type of Dwelling
Full Duplex
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
991933
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