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560 4th St
CV Courtenay City Courtenay V9N 1H2

$1,315,000
Commercial Sale built: 1924

Main Photo: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 1: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 2: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 3: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 4: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 5: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 6: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 7: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 8: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 9: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 10: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 11: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 12: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 13: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 14: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 15: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 16: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 17: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 18: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 19: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 20: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 21: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 22: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 23: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 24: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 25: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 26: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 27: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 28: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 29: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 30: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 31: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 32: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Photo 33: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
992770
Year Built:
1924
INESTMENT IN TRIPLEX WITH 5% NET CAP RATE. NEW ROOF, RECENT UPGRADES. Commercial/residential property in downtown Courtenay. Large C-1 zoned building that has 1414 sq.ft main level 2 bdrm PLUS 3RD BDRM/DEN, 2 bath, brand new DELUXE suite to be rented at $2,800/mth. A second 1214 sq ft 2 bdrm 1 bath suite reno'd in 2018 is upstairs i(rented at $2350/month) with separate entrance, in-suite laundry and private deck. At the front of the property is a 674 Sq ft 1 bed/1 bath suite with in-suite laundry (rented at $1750/month). 5 Parking spaces in the rear and additional parking in the front. It has a clean concrete crawl space for ease of access to mechanical, plumbing etc. This would be an excellent investment/holding property as well as an opportunity to live within walking distance of the town centre.
Property Type:
Commercial Sale
Type:
Multi Family
Commercial Type:
Building, Land
Year built:
1924 (Age: 101)
Lease Type:
Sale of Assets
Close Price Lease Total:
Existing Lease Expiry:
Listing General Location:
CV Courtenay City, Comox Valley
Bathrooms:
- (Full:-/Half:-)
Lot Size:
5,227 sq. ft.
Lot Details:
49x112
Taxes:
Building Features:
Kitchen/Staff Room, Parking, Shopping Centre, Shopping Nearby, Transit Nearby, Visual Exposure
Construction:
Frame Metal, Insulation: Ceiling, Insulation: Walls, Vinyl Siding, See Remarks
Foundation:
Concrete Perimeter
Number of Storeys:
2
Ceiling Heights:
Door Features:
Warehouse Doors: 0
Floor finish:
Mixed
Total Building Area:
3,302 sq. ft.
Total Potential Area:
3,302 sq. ft.
Leasable Area:
3,302 sq. ft.
Commercial Area:
Subdivisable Area:
No
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Other
Heating:
Forced Air, Natural Gas
Fireplace:
No
Pending Date:
Parking
Security System, Sign: Allowed, Wheelchair Access
Main Level
0
Yes
No
Unrestricted
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
City of Courtenay
Legal Description:
Zoning:
C-1
Units in Building:
Units in Community:
Occupancy:
Tenant
Utilities:
Underground Utilities
Lot Site Features:
Central Location, Level, Shopping Nearby
Parking Features:
On Site
Total Parking Spaces:
6
Total Units:
Date Listed:
Mar 21, 2025
Original Price:
1315000.0
  • Photo 1: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
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  • Photo 2: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
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  • Photo 3: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
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  • Photo 4: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
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  • Photo 5: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
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  • Photo 6: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
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  • Photo 7: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
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  • Photo 8: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Entrance
  • Photo 9: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Kitchen
  • Photo 10: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Kitchen
  • Photo 11: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Deck
  • Photo 12: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Hall
  • Photo 13: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Kitchen
  • Photo 14: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Laundry/storage
  • Photo 15: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Laundry/storage
  • Photo 16: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Bdrm 1
  • Photo 17: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Bdrm 2
  • Photo 18: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Bathroom
  • Photo 19: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Bathroom
  • Photo 20: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit B Living/Dining
  • Photo 21: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Entrance
  • Photo 22: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Kitchen
  • Photo 23: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Kitchen
  • Photo 24: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Kitchen/Living
  • Photo 25: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Living
  • Photo 26: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Bedroom
  • Photo 27: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Bath
  • Photo 28: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Laundry
  • Photo 29: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Bath
  • Photo 30: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Bath
  • Photo 31: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Unit C Bath
  • Photo 32: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    NEW DELUXE SUITE
  • Photo 33: 560 4th St in Courtenay: CV Courtenay City Multi Family for sale (Comox Valley)  : MLS®# 992770
    Rough Drawing of New Suite
Listed by Royal LePage Coast Capital Realty
Data was last updated March 28, 2025 at 06:05 PM (UTC)
Area Statistics
Listings on market:
26
Avg list price:
$842,450
Min list price:
$50,000
Max list price:
$23,500,000
Avg days on market:
90
Min days on market:
7
Max days on market:
309
These statistics are generated based on the current listing's property type and located in CV Courtenay City. Average values are derived using median calculations.
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.