$19,115,000
$19,500,000
2.0%For more information regarding the value of a property, please contact us for a free consultation.
0.36 Acres Lot
SOLD DATE : 12/05/2025
Key Details
Sold Price $19,115,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1007615
Sold Date 12/05/25
Rental Info Unrestricted
Year Built 2025
Annual Tax Amount $11,200
Tax Year 2024
Lot Size 0.360 Acres
Acres 0.36
Property Sub-Type Mixed Use
Property Description
We are pleased to present this opportunity to purchase a new (estimated completion date August 2025) mixed-use four-storey rental building located in downtown Courtenay. Situated on a .336-acre corner lot on Cumberland Road at the gateway into downtown Courtenay, the building has approximately 24,642 sf of rentable space comprising 2,246 sf of ground floor commercial and 52 bright, well-appointed micro, one-bedroom and two-bedroom residential units above. The upper levels offer stunning mountain, city and ocean views. Building amenities include common laundry facilities, 114 bike stalls/lockers, 20 underground parking stalls (2 barrier-free) and one surface parking stall. Restaurants, grocery stores, cafes, bakeries, retail and the Courtenay Rotary and Courtenay Riverway Trails are steps away from this ideal location in the heart of the community. Contact the listing realtor to find out more details regarding the Courtenay Property Tax Exemption and the CMHC Select assumable mortgage
Location
Province BC
County Courtenay, City Of
Area Cv Courtenay City
Zoning C-1
Interior
Heating Heat Pump
Cooling HVAC
Flooring Mixed
Exterior
Exterior Feature Balcony, Wheelchair Access
Parking On Site 1
View Y/N 1
View City, Mountain(s), Ocean
Total Parking Spaces 21
Building
Lot Description Central Location, Corner, Easy Access, Irregular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure
Story 4
Foundation Poured Concrete
Sewer Sewer Connected
Water Municipal
Structure Type Cement Fibre,Concrete,Metal Siding,Stone
Others
Tax ID 031-509-029
Ownership Freehold
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Bought with Unrepresented Buyer Pseudo-Office
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