397 5th St, Courtenay, BC, V9N 1J9
$24,000,000MLS® # 986348
Investment For Sale In Courtenay, British Columbia
Property Information:
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 annually
Property Features:
- Annual Tax Amount: $100,000
- Building Features: Shopping Nearby
- Exterior Features: Balcony, Balcony/Deck, Balcony/Patio
- Floor Space (approx): 23670 Square Feet
- Flooring: Carpet, Vinyl
- Heating: Baseboard, Electric, Heat Pump
- Lot Frontage: 13455 Square Feet
- Lot Size: 13455.00 Square Feet
- Ownership: Freehold
- Parking Features: On Site
- Property Sub Type: Multi Family
- Road Frontage Type: Lane
- Zoning: C-1
- No. of Parking Spaces: 26
Courtesy of: Macdonald Commercial Real Estate Services Ltd
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.