REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Thu

Jul

Fri

Jul

Sat

Jul

Chris Barrington Foote PREC*

chris@cbfrealestate.ca +1(250) 881-3668

$ 19,500,000

Est. payment -/mo

Save

New

574 Cumberland Rd Courtenay, BC V9N 2T9

0.36 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1007615

Rental Info Unrestricted

Year Built 2025

Annual Tax Amount $11,200

Tax Year 2024

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Mixed Use

Property Description

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 above-ground 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

Location

Province BC

County Courtenay, City Of

Area Cv Courtenay City

Zoning C-1

Interior

Heating Heat Pump

Cooling HVAC

Flooring Mixed

Heat Source Heat Pump

Exterior

Exterior Feature Balcony, Wheelchair Access

Parking On Site 1

View Y/N Yes

View City, Mountain(s), Ocean

Total Parking Spaces 21

Building

Lot Description Central Location, Corner, Easy Access, Irregular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure

Building Description Cement Fibre,Concrete,Metal Siding,Stone, Bike Storage,Elevator: Passenger,Fire Alarm,Fire Sprinklers,High Traffic Area,Laundry Room,Shopping Nearby,Transit Nearby,Underground Garage

Foundation Poured Concrete

Sewer Sewer Connected

Water Municipal

Structure Type Cement Fibre,Concrete,Metal Siding,Stone

Others

Pets Allowed Yes

Tax ID 031-509-029

Ownership Freehold

Listed by Royal LePage Coast Capital Realty

Chris Barrington Foote PREC*

Advisor | License ID: 3809

+1(250) 881-3668

GET MORE INFORMATION