Real Estate For Sale Victoria Bc
574 Cumberland Rd
CV Courtenay City
Courtenay
V9N 2T9
$19,500,000
Commercial Sale
built: 2025
- Status:
- Active
- Prop. Type:
- Commercial Sale
- MLS® Num:
- 1007615
- Year Built:
- 2025
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We are pleased to present this opportunity to purchase a new (estimated completion date August 2025) mixed-use four-storey rental building located in downtown Courtenay. Situated on a .336-acre corner lot on Cumberland Road at the gateway into downtown Courtenay, the building has approximately 24,642 sf of rentable space comprising 2,246 sf of ground floor commercial and 52 bright, well-appointed micro, one-bedroom and two-bedroom residential units above. The upper levels offer stunning mountain, city and ocean views. Building amenities include common laundry facilities, 114 bike stalls/lockers, 20 underground parking stalls (2 barrier-free) and one surface parking stall. Restaurants, grocery stores, cafes, bakeries, retail and the Courtenay Rotary and Courtenay Riverway Trails are steps away from this ideal location in the heart of the community. Contact the listing realtor to find out more details regarding the Courtenay Property Tax Exemption and the CMHC Select assumable mortgage
- Property Type:
- Commercial Sale
- Type:
- Mixed Use
- Commercial Type:
- Building, Land
- Year built:
- 2025 (Age: 0)
- Lease Type:
- Sale Of Shares
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Listing General Location:
- CV Courtenay City, Comox Valley
- Bathrooms:
- - (Full:-/Half:-)
- Lot Size:
- 15,682 sq. ft.1,457 m2
- Taxes:
- Signup
- Building Features:
- Bike Storage, Elevator: Passenger, Fire Alarm, Fire Sprinklers, High Traffic Area, Laundry Room, Shopping Nearby, Transit Nearby, Underground Garage
- Construction:
- Cement Fibre, Concrete, Metal Siding, Stone
- Foundation:
- Concrete Perimeter
- Number of Storeys:
- 4
- Ceiling Heights:
- Signup
- Door Features:
- Warehouse Doors: 0
- Floor finish:
- Mixed
- Total Building Area:
- 32,678 sq. ft.3,036 m2
- Total Potential Area:
- 32,678 sq. ft.3,036 m2
- Leasable Area:
- 24,642 sq. ft.2,289 m2
- Commercial Area:
- Signup
- Subdivisable Area:
- No
- Subdivisable Area Max:
- 32,678 sq. ft.3,036 m2
- Subdivisable Area Min:
- 32,678 sq. ft.3,036 m2
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Cooling:
- HVAC
- Heating:
- Heat Pump
- Fireplace:
- No
- Pending Date:
- Signup
- Balcony, Wheelchair Access
- City, Mountain(s), Ocean
- Main Level
- 0
- Yes
- No
- Unrestricted
- Financing Notes:
- Signup
- 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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- Jurisdiction name:
- City of Courtenay
- Legal Description:
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- Zoning:
- C-1
- Legal Non-Conformance:
- No
- Lot Site Features:
- Central Location, Corner Lot, Easy Access, Irregular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure
- Parking Features:
- On Site
- Total Parking Spaces:
- 21
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Jul 15, 2025
- Original Price:
- 1.95E7
Larger map options:
Listed by Royal LePage Coast Capital Realty and Royal LePage-Comox Valley (CV)
Data was last updated July 22, 2025 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 27
- Avg list price:
- $749,900
- Min list price:
- $50,000
- Max list price:
- $23,500,000
- Avg days on market:
- 110
- Min days on market:
- 4
- Max days on market:
- 378
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.