574 Cumberland Rd Courtenay, British Columbia V9N 2T9

Fully Air Conditioned Heat Pump

$19,500,000

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:63379)

Property Details

MLS® Number 1007615
Property Type Other
Neigbourhood Courtenay City
Features Central Location, Southern Exposure, Corner Site, Irregular Lot Size, Other
Parking Space Total 21
Plan Epp110090
View Type City View, Mountain View, Ocean View

Building

Constructed Date 2025
Cooling Type Fully Air Conditioned
Fire Protection Fire Alarm System, Sprinkler System-fire
Heating Type Heat Pump
Size Exterior 32678 Sqft
Type Commercial Mix

Land

Access Type Road Access
Acreage No
Size Irregular 15682
Size Total 15682 Sqft
Size Total Text 15682 Sqft
Zoning Description C-1
Zoning Type Unknown

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