Courtenay, BC V9N 1J9,397 5th St
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$ 23,500,000
Est. payment | /mo

0.31 Acres Lot


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$ 23,500,000
Est. payment | /mo
Save

0.31 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 986348

Rental Info Unrestricted

Annual Tax Amount $100,000

Tax Year 2023

Lot Size 0.310 Acres

Acres 0.31

Property Sub-Type Multi Family

Property Description

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

Location

Province BC

County Courtenay, City Of

Area Cv Courtenay City

Zoning C-1

Interior

Heating Baseboard, Electric, Heat Pump

Flooring Carpet, Vinyl

Exterior

Exterior Feature Balcony, Balcony/Deck, Balcony/Patio

Parking On Site 1

Total Parking Spaces 26

Others

Tax ID 031-245-170

Ownership Freehold

Acceptable Financing Assume With Qualifications, Clear Title

Listing Terms Assume With Qualifications, Clear Title

Listed by Macdonald Commercial Real Estate Services Ltd
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301-3450 Uptown Blvd, Victoria, BC, V8Z,Canada

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397 5th St