1120 1st St Courtenay, British Columbia V9N 1A9
$949,900
Fantastic investment opportunity near downtown Courtenay, just steps from Puntledge River Park and great schools! This well-maintained triplex features three 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! (id:46156)
Property Details
| MLS® Number | 1021866 |
| Property Type | Single Family |
| Neigbourhood | Courtenay City |
| Features | Southern Exposure, Other |
| Parking Space Total | 4 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 5 |
| Constructed Date | 1964 |
| Cooling Type | None |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 2,425 Ft2 |
| Total Finished Area | 2425 Sqft |
| Type | Triplex |
Land
| Access Type | Road Access |
| Acreage | No |
| Size Irregular | 7405 |
| Size Total | 7405 Sqft |
| Size Total Text | 7405 Sqft |
| Zoning Description | R-ssmuh |
| Zoning Type | Other |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Bedroom | 12 ft | 12 ft x Measurements not available | |
| Lower Level | Bathroom | 4-Piece | ||
| Lower Level | Living Room | 14'1 x 10'8 | ||
| Lower Level | Kitchen | 14'2 x 9'8 | ||
| Lower Level | Laundry Room | 11'7 x 9'11 | ||
| Main Level | Kitchen | 13'5 x 9'6 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 11'2 x 9'10 | ||
| Main Level | Primary Bedroom | 11'2 x 10'10 | ||
| Main Level | Living Room | 13'4 x 11'2 | ||
| Main Level | Bedroom | 8'11 x 12'1 | ||
| Main Level | Bathroom | 4-Piece | ||
| Main Level | Bedroom | 12'2 x 10'4 | ||
| Main Level | Living Room | 15'10 x 10'8 | ||
| Main Level | Kitchen | 12 ft | Measurements not available x 12 ft |
https://www.realtor.ca/real-estate/29183887/1120-1st-st-courtenay-courtenay-city
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December 12 2025 09:23:08
Vancouver Island Real Estate Board
RE/MAX Ocean Pacific Realty (Crtny)
