1120 1st St
Courtenay
V9N 1A9
$949,900
Residential
beds: 5
baths: 3.0
2,425 sq. ft.
built: 1964
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1021866
- Bedrooms:
- 5
- Bathrooms:
- 3
- Year Built:
- 1964
- Photos (47)
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Fantastic investment opportunity near downtown Courtenay, just steps from Puntledge River Park and great schools! This well-maintained triplex features 3 renovated and upgraded units plus a new roof, offering excellent long-term value. The upper 2-bedroom suite is currently rented for $2,100/month, the lower 1-bedroom suite is rented for $1,800/month, and the second 2-bedroom suite is vacant with an estimated market rent of $2,200/month. Tenants pay their own utilities, and all units have separate hydro meters. Property highlights include communal laundry, shared storage, a fenced yard with vehicle access, a storage shed, and ample parking. Zoned R-SSMUH, allowing up to four units per lot—making this a prime cash-flowing investment or live-in opportunity on a beautiful lot across from the park and river, and walking distance to downtown shops, restaurants, and breweries. Ask for the full feature sheet with complete renovation details!
- Property Type:
- Residential
- Type:
- Triplex
- Year built:
- 1964 (Age: 61)
- Close Price Lease Total:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 2,425 sq. ft.
- Main Building Living Area:
- 2,425 sq. ft.
- Listing General Location:
- CV Courtenay City, Comox Valley
- Bedrooms:
- 5
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 7,405 sq. ft.
- Kitchens:
- 3
- Taxes:
- Signup
- Construction:
- Frame Wood, Insulation All
- New Construction:
- No
- Basement:
- Crawl Space
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Torch On
- Ceiling Heights:
- Signup
- Floor finish:
- Mixed
- Total Building Area:
- 2,425 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- Commercial Area:
- Signup
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 4
- # Second Level Bedrooms:
- 0
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 1
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 0
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 1
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 2
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 1
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 847 sq. ft.
- Living Area Main Floor:
- 1,578 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 0 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Laundry Features:
- Common Area
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Exists
- Cooling:
- None
- Heating:
- Baseboard, Electric
- Fireplace:
- No
- Pending Date:
- Signup
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Bed and Breakfast:
- None
- Units in Building:
- Signup
- Units in Community:
- Signup
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 3
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 0
- Number of 4 piece Ensuites:
- 0
- Occupancy:
- Tenant
- Property Condition:
- Resale
- Exposure / Faces:
- East
- Layout:
- Other
- Lot Site Features:
- Family-Oriented Neighbourhood, Recreation Nearby, Shopping Nearby, Southern Exposure
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 0
- Garage:
- No
- Parking Features:
- Driveway, Open
- Total Parking Spaces:
- 4
- Road Surface Type:
- Paved
- Total Units:
- Signup
- Date Listed:
- Dec 12, 2025
- Original Price:
- 949900.0
-
Triplex investment property -
Front with lots of parking
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Photo 3 of 47
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Lower Floor 1 Bedroom Unit
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Lower Floor 1 Bedroom Unit
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Lower Floor 1 Bedroom Unit
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Lower Floor 1 Bedroom Unit
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Lower Floor 1 Bedroom Unit
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Lower Floor 1 Bedroom Unit
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Lower Floor 1 Bedroom Unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Main floor 2 bedroom unit
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Uppere Floor 2 Bedroom uint
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Uppere Floor 2 Bedroom uint
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Uppere Floor 2 Bedroom uint
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Uppere Floor 2 Bedroom uint
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Uppere Floor 2 Bedroom uint
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Uppere Floor 2 Bedroom uint
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Uppere Floor 2 Bedroom uint
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Uppere Floor 2 Bedroom uint
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Uppere Floor 2 Bedroom uint
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Shared entrance space
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Shared entrance space
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Shared Entrance space
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Shared Laundry
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Shared Laundry
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Photo 38 of 47
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Photo 39 of 47
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Photo 40 of 47
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Photo 41 of 47
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Park and River Access directly across the road
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Park and River Access directly across the road
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Park and River Access directly across the road
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Park and River Access directly across the road
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Photo 46 of 47
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Photo 47 of 47
Listed by RE/MAX Ocean Pacific Realty (Crtny)
Data was last updated December 13, 2025 at 08:05 PM (UTC)
Area Statistics
- Listings on market:
- 115
- Avg list price:
- $669,000
- Min list price:
- $38,000
- Max list price:
- $7,590,000
- Avg days on market:
- 72
- Min days on market:
- 1
- Max days on market:
- 638
- Avg price per sq.ft.:
- $432.59
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.
- Kevin Dol
- ROYAL LEPAGE IN THE COMOX VALLEY
- (250)898-4158
- KevinDol@royallepage.ca
- Kathleen Larson
- ROYAL LEPAGE IN THE COMOX VALLEY
- (250)339-7421
- lyleandkathleenlarson@gmail.com
Comox Valley Homes Team
Get in touch
Comox Valley Homes Team
#121 - 750 Comox Road
Courtenay,
BC,
V9N 3P6
