I have sold a property at 1120 1st St in Courtenay on Feb 2, 2026. See details here
Fantastic investment opportunity near downtown Courtenay, just steps from Puntledge River Park and great schools! This well-maintained triplex features 3 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!