56 days on Market

1120 FIRST STREET, Courtenay, British Columbia V9N1A9

Detached
4 + 1
3
~2425 sqft
$•••,•••
$979,900
Get pre-qualifiedPowered by Neo Mortgage
Detached
4 + 1
3
~2425 sqft

Contact us about this property

Call

Highlights

Estimated ValueNot available

Price/Sqft$404/sqft

Est. Mortgage$4,208/mo

Tax Amount ()$3,791/yr

Days On Market56 days


Description

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. (id:39198)


Property Details

StyleDuplex
View-
Age of property1964
SqFt~2425 SqFt
Lot Size-
Parking Spaces4
MLS ®Number991933
Community NameCourtenay
Data SourceCREA
Listing byRE/MAX Ocean Pacific Realty (Crtny)

Features

Heating: Baseboard heaters, Electric

Main level Floor

Kitchen

9'6 x 13'5

Bathroom

Bedroom

9'10 x 11'2

Primary Bedroom

10'10 x 11'2


Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Mar 14, 2025
ListedActive
$979,900
56 days on market
history photo preview50
Listing by crea®
Property listed by RE/MAX Ocean Pacific Realty (Crtny), Brokerage
Agent Banner Image
Interested in this property?Get in touch to get the inside scoop.

Population and Demographics

Overview

Total population 26088
Average household income $101,362

Age (%)

65 and plus
28%
50 to 64
21%
0 to 19
18%
35 to 49
17%
20 to 34
16%

Household composition (%)

Single family
58%
Single person
35%
Multi person
6%
Multi family
0%

Mother tongue (%)

English
91%
Others
4%
French
2%
German
1%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget

Powered by:
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.