575 14th St, Courtenay
Welcome to Belle Aire—an exceptional turnkey 4-plex investment in central Courtenay. Situated on a 0.24-acre lot in a quiet, well-connected neighborhood, this 4,437 sqft property offers strong, consistent income with rare vacancies and long-term upside. Built in 1960 and thoughtfully maintained with ongoing renovations, the building presents as a solid, low-risk asset. Four spacious suites, 975 / 1072 /1078 / 1109 sqft and feature 2 bedrooms plus den. Upper units offer decks, while lower units include patios, enhancing tenant appeal. Additional features include shared laundry, two carports, brick driveways, and stone patios.??Ideally located near transit, downtown, shopping, and recreation, this property attracts stable tenancy and long-term demand. With its large lot size and central location, Belle Aire also offers future development potential, making it a compelling hold with upside. A rare opportunity to secure a well-performing multi-family asset with stability, and growth potential. (id:62865)
Status
Active
Year Built
1960
Property Type
Fourplex
Ownership
Freehold
Parking Spaces
6
Annual Tax
$5,723
Zoning
Multi-Family
Parcel Number
000-007-927
Data Source
Vancouver Island Real Estate Board
Bedrooms
8
Bathrooms
4
Living Area
4437 square feet
Architectural Style
Other
Lot Size
10890.0 sqft
View
City view
Lot Features
Heating
Natural gas
Cooling
None
$1,290,000
Office
REMAX Ocean Pacific (Crtny)
Loan Amount:
$1,032,000
Estimated Monthly Payment:
$5,029
This is an estimate for informational purposes only. Consult with a financial advisor.
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