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$ 19,500,000
Est. payment /mo
New
574 Cumberland Rd Courtenay, BC V9N2T9
0.36 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
Subdivision Courtenay City
MLS® Listing ID 1007615
Year Built 2025
Lot Size 0.360 Acres
Acres 15682.0
Property Sub-Type Freehold
Source Vancouver Island Real Estate Board
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 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 (id:24570)
Location
State BC
Zoning Unknown
Rooms
Kitchen 0.0
Interior
Heating Heat Pump
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N Yes
View City view, Mountain view, Ocean view
Total Parking Spaces 21
Private Pool No
Others
Ownership Freehold
Listed by Royal LePage Coast Capital Realty