Jonesco Real Estate Inc
397 5th St
CV Courtenay City
Courtenay
V9N 1J9
$23,500,000
Commercial Sale
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 986348
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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 Type:
- Commercial Sale
- Type:
- Multi Family
- Commercial Type:
- Building
- Lease Type:
- Sale of Assets
- Close Price Lease Total:
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- Existing Lease Expiry:
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- Listing General Location:
- CV Courtenay City, Comox Valley
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 13,455 sq. ft.1,250 m2
- Taxes:
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- Building Features:
- Shopping Nearby
- Ceiling Heights:
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- Floor finish:
- Carpet, Vinyl
- Total Building Area:
- 23,670 sq. ft.2,199 m2
- Commercial Area:
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- Heating:
- Baseboard, Electric, Heat Pump
- Fireplace:
- No
- Pending Date:
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- Balcony, Balcony/Deck, Balcony/Patio
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
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- Assessed:
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- Assessment year:
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- Approximate Inventory Value:
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- Fixed Equipment Approx. Value:
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- Goodwill Approx. Value:
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- Gross Income:
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- Net Operating Income:
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- Association Fee:
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- Association Fee Frequency:
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- Parking Features:
- On Site
- Total Parking Spaces:
- 26
- Road Frontage Type:
- Lane
- Total Units:
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- Date Listed:
- Jan 31, 2025
- Original Price:
- 2.4E7
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Listed by Macdonald Commercial Real Estate Services Ltd
Data was last updated July 10, 2025 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 23
- Avg list price:
- $669,900
- Min list price:
- $50,000
- Max list price:
- $23,500,000
- Avg days on market:
- 113
- Min days on market:
- 3
- Max days on market:
- 366
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. This data is not produced by the MLS® system.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
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.