250-751-0804 | 672-784-0395

574 Cumberland Road, Courtenay City, Comox Valley (1007615)

Photo 1 at 574 Cumberland Road, Courtenay City, Comox ValleyPhoto 2 at 574 Cumberland Road, Courtenay City, Comox Valley

574 Cumberland Road Courtenay City, Comox Valley

15,682 sqft lot | $19,500,000

574 Cumberland Road, Courtenay City, Comox Valley

15,682 sqft lot | $19,500,000

About This Multi-Family

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

Exterior Features Of 574 Cumberland, Courtenay City, Comox Valley

Balcony, Wheelchair Access

Lot Features Of 574 Cumberland, Courtenay City, Comox Valley

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

Location Features:

Bike Storage, Elevator: Passenger, Fire Alarm, Fire Sprinklers, High Traffic Area, Laundry Room, Shopping Nearby, Transit Nearby, Underground Garage

Listed by Royal LePage Coast Capital Realty/Royal LePage-Comox Valley (CV).

Brought to you by your friendly REALTORS® through the MLS® System, courtesy of Jahelka Real Estate Group for your convenience.

Disclaimer: This representation is based in whole or in part on data generated by the VIREB Vancouver Island Real Estate Board which assumes no responsibility for its accuracy. Trademark owned or controlled by The Canadian Real Estate Association. Used under license.

 
  • MLS® : 1007615
  • Type : Multi-Family
  • Tenancy : Sale Of Shares
  • Occupied SQFT : 24642

Inquire About This Property

 
 
Photo 1 at 574 Cumberland Road, Courtenay City, Comox Valley
Photo 2 at 574 Cumberland Road, Courtenay City, Comox Valley