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Home BC Greater Courtenay Courtenay
397 5th St
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397 5th St $23,500,000
$23,500,000
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397 5th St
Courtenay, British Columbia V9N1J9

MLS® Number: 986348

Listing Description

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 (28863393)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Courtenay City
Title
Freehold
Land Size
13455 sqft
Annual Property Taxes
$100,000
Total Parking Spaces
26
Time on REALTOR.ca
48 days

Building

Building Features
Total Units
39
Heating & Cooling
Heating Type
Baseboard heaters, Heat Pump, (Electric)
Parking
Total Parking Spaces
26

Measurements

Exterior Building Size
23670 sqft

Land

Other Property Information
Access
Road access
Zoning Description
C-1
Zoning Type
Unknown
Data provided by: Vancouver Island Real Estate Board 6374 Metral Drive, Nanaimo, British Columbia V9T 2L8

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