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
Address
574 Cumberland Rd
List Price
$19,500,000
Property Type
Commercial Sale
Type of Dwelling
Mixed Use
Transaction Type
Sale
Area
Comox Valley
Sub-Area
CV Courtenay City
Lot Size
15681.6 Sq. Ft.
Lot Size (Acres)
0.36 Ac.
Year Built
2025
MLS® Number
1007615
Listing Brokerage
Royal LePage Coast Capital Realty
| Royal LePage-Comox Valley (CV)
Postal Code
V9N 2T9
Tax Amount
$11,200.41
Tax Year
2024
Features
Heat Pump, Mixed
Amenities
Balcony, Central Location, Corner Lot, Easy Access, Irregular Lot, Serviced, Shopping Nearby, Sidewalk, Southern Exposure, Wheelchair Access
