Opportunity to purchase a, 2024-built, four-storey rental building in Downtown Courtenay. The building is comprised of 39 residential rental units and 4 ground floor commercial units. Parking is provided with 26 total underground parking stalls. 22 regular, 1 accessible, 3 small. 4 ground level stalls, including 2 x electric vehicle stations. 2 are assumed for commercial use. The exterior is designed and insulated to meet Step 3 of the B.C. building energy code. The property sits on a 13,455 square foot corner lot. The property qualifies for the Courtenay Property Tax Exemption, saving approximately $89,700 annuallyMore details
Listed by Macdonald Commercial Real Estate Services Ltd
For additional information, please click on Brochure button below.
The # of FEE SIMPLE lots has now TRIPLED. The yield's also increased 5 X fold, from 30 homes (15 x duplex lots) to now 160 homes (40 x fourplex lots) !!!
160 homes under current new zoning.
Price is only $ 56 k / per door, land cost !!!
DP approved. Phase 1 is 35 lots for the first 140 homes.
40 x (fourplex lots @ $499k) = $20M less $2M remaining service costs is net $18M residual value.
Even 40 x (lots @ $479k) = $19.2M less $2M is still net $17.2M. Land's for sale at less than half price @ only $ 8.97M
OR, rezone as CD multifam strata for 350 - 500 units on the 18.7 AC prime property.
Permits in place & trees already cleared, internal roads roughed in and $250k pond's already constructed.
* Devp is ripe for 2025 Spring/ Summer construction at this great location. Courtenay has a significant housing shortage, and pent up demand for both LOTS & affordable homes.More details
This well-located multi-family development opportunity comprises 4 separate residential properties totaling 10 acres within the municipal boundaries of the City of Courtenay on picturesque Vancouver Island. With the province-mandated zoning changes to allow more multi-family opportunities, the timing could not be better. The property is situated in a quiet single- and multi-family residential neighborhood and is within easy walking distance to many schools and downtown Courtenay. The seller has done extensive work on preparing these sites for development. An information package is available. Please contact listing realtor for more details. Timing is ideal for residential development - don't miss this opportunityMore details
Listed by Royal LePage Coast Capital Realty and Royal LePage-Comox Valley (CV)
The Subject Property is a standalone single-storey commercial building located on Kilpatrick Avenue between 29th Street and 30th Street in Courtenay, BC. The Gross Area of the building is approximately 20,195 SF located on a 1.08 acre rectangular site with ample parking space. The building comprises of one dock level loading door and one grade level loading door with multiple man door access points boasting flexible access for occupiers and tenants as well as a
laneway on the south side of the building. The Subject Property is also offered to lease, which comprises a total of approximately 15,277 SF of space. The Property is designated in the Official Community Plan as Urban Corridor which permits up to high rise buildings for multi-unit residential, mixed-use and commercial uses.More details
Prime Investment Opportunity: 11,000 Sq. Ft. Office Building in Downtown Courtenay, BC
Seize the chance to own a premier office building located in the heart of Courtenay's bustling downtown core. This single-storey, 11,000 sq. ft. property is ideally situated on a 3/4-acre lot, directly across from the Courtenay Airpark offering unparalleled accessibility and visibility.
Size: 11,000 sq. ft. single-storey building
Location: Prime downtown Courtenay, directly opposite the Courtenay Airpark Airport
Lot Size: Generous 3/4-acre parcel
Tenant: Long-term, stable BC Provincial Government tenant with excellent renewal potential
Condition: Well-maintained, turnkey condition
Investment Potential: Strong upside with secure income stream and future growth opportunities
This property is perfectly positioned for long-term investors seeking a reliable income source and the potential for capital appreciation.Don't miss out on this exceptional investment opportunity.More details
Listed by eXp Realty and Sutton Group West Coast Realty
63+ Acres of Prime Agricultural Land just minutes from Courtenay! 4 separately titled parcels are being sold as one block, creating an incredible opportunity for those looking for premium farmland or building opportunity. With excellent soil quality and plentiful water supply, the land is suited for a variety of crops or agribusiness ventures. Existing structures include a newer office, an implement shed, and a charming historic barn. Whether establishing a large-scale agricultural operation, creating multiple hobby farms, or pooling resources with others to invest, this land offers many possibilities. With quick access to highways, ferries, city amenities, and the ocean, this is an opportunity you don't want to miss. Large acreages in this desirable area of Vancouver Island are rarely available. Additional agricultural land not currently listed may be available to support larger-scale operations. Bring your ideas-this is your chance to shape the future of this remarkable property!More details
63+ Acres of Prime Agricultural Land just minutes from Courtenay! 4 separately titled parcels are being sold as one block, creating an incredible opportunity for those looking for premium farmland or building opportunity. With excellent soil quality and plentiful water supply, the land is suited for a variety of crops or agribusiness ventures. Existing structures include a newer office, an implement shed, and a charming historic barn. Whether establishing a large-scale agricultural operation, creating multiple hobby farms, or pooling resources with others to invest, this land offers many possibilities. With quick access to highways, ferries, city amenities, and the ocean, this is an opportunity you don't want to miss. Large acreages in this desirable area of Vancouver Island are rarely available. Additional agricultural land not currently listed may be available to support larger-scale operations. Bring your ideas-this is your chance to shape the future of this remarkable property!More details
For additional information, please click on Brochure button below. Overlooking the 6th hole, this architecturally inspired mansion is west coast luxury at its finest. Boasting 6 bedrooms & 5 bathrooms, 5974 total sq. ft. with a triple car garage. Inside and out BC timbers mirror this west coast wilderness home with soaring 20' ceilings. Floor to ceiling windows creating a magical natural light-filled living area. The 2nd level mezzanine: 2 full size bedrooms with a 5 piece ensuite bathroom off one. Includes a lockoff unregistered 1-bedroom suite with glacier mountain views and separate outdoor entrance. Lower level, with 9 ft. ceilings has a theatre, 6th bedroom, full bath, gym, sauna, Norwegian jacuzzi. Custom glass railings on all 3 levels, automatic shades and blackout blinds, two mechanical rooms, 2 heat pumps with separate furnaces, heated foyer & bathroom floors, indoor & outdoor speakers throughout. Motivated seller - come for a visit and stay for a lifetime!More details
Beautifully renovated character home on acreage with seasonal creek in City of Courtenay. The home and grounds have been meticulously and lovingly restored and renovated to today's standards while maintaining the farmhouse character. Gourmet kitchen is a Chef's dream with attached dining room and access to covered patio area through beautiful French glass doors. River rock fireplace in living room with stone hearth is a stunning feature that will create a cozy atmosphere on cool evenings. Sunroom off the living room is flooded with light and gives access to back deck. Attached garage with suite above has been functioning as a very successful vacation rental. Detached workshop/garage has commercial/summer kitchen, 2pc bath & single garage for convenience and flexibility. The large barn has a 30' bay for RV/boat storage, animal side with stalls, workshop with welder & planer plugs. Electrical (2 x 200 amp) and plumbing upgraded with renovations. Please read feature sheet for full list.More details
Industrial zone (I-2) property comprised of two fabrication / workshops, a steel-frame assembly / loading bay, and other ancillary structures, located on a 25,157 Sq. Ft. lot. The land is level and fully serviced. Paved areas support the industrial nature of the property with easy access to the fabrication workshops and sufficient area for laydown of materials, outdoor fabrication, storage, and parking.
The property is located in an industrial area of the City of Courtenay, convenient for clients and staff. The property has significant street-front providing visibility and good access for almost any business. The buildings and land will support many other uses for an owner-occupier, tenant, or for future redevelopment.More details
Listed by NAI Commercial Central Vancouver Island Ltd.
3 bedroom, 3 bath,3170 sq ft executive rancher by Dragonfly Homes, starting February 2025. Set on a level 2.5 +/- acre, private treed lot with a 1000 sq ft detached shop with over height garage doors. This high end rancher has all the west coast finishing Dragonfly homes Is known for with a modern twist. Hardwood floors, fir trim, hemlock doors and a huge great room with vaulted ceilings that extend through to the huge partially covered patio. Living room boasts floor to ceiling windows and a cozy fireplace. Gourmet kitchen with modern finishing, lots of cabinetry and quartz counters. Luxurious master suite has a walk in closet and ensuite with free standing soaker tub, Jack and Jill sinks and walk in tiled shower. Electric forced air furnace with a heat pump keeps you cool in the summer. This one level home has a covered entry way with fir timber details, hard plank siding a garage attached to the house as well as the detached shop so bring your toys!More details
Prime downtown Courtenay building for sale. This great location on the corner of Fitzgerald and 4th St offers great exposure for your business, with over 6200 sqft of retail/office space, 9 parking spaces as well as street parking and all on the ground floor, many upgrades to the exterior and interior of the building. The building offer's 8 individual units, with 4 units being combined as 1 larger unit, the building is currently fully occupied with tenants for a great investment opportunityMore details