Incredible Potential
Why just buy a home when you can buy a turnkey investment? This professionally renovated, legal two-suite property allows you to occupy one unit and get income from the other or rent out both units for maximum income. The bright, open-concept upper suite blends original 1950s character like cove ceilings with modern updates like heated tile bathroom floors. The ground floor, fully permitted, self-contained two-bedroom lower suite features impressive 9-foot ceilings that provide plenty of daylight and a highly functional space with strong tenant appeal. Situated on almost a quarter of an acre, you have ample room to park your vehicles, and RV or a boat while still enjoying a generous, fully fenced backyard. The property's rear lane access and SSMUH zoning provide exceptional future options, such as adding a garage, a garden carriage house or potential subdivision. Move-in ready and income-producing from day one. Call to book a private tour and see the potential!
Data was last updated April 8, 2026 at 10:05 PM (UTC)
Area Statistics
Listings on market:
129
Avg list price:
$649,000
Min list price:
$38,000
Max list price:
$7,500,000
Avg days on market:
42
Min days on market:
1
Max days on market:
600
Avg price per sq.ft.:
$434.7
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.