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784 7th St Courtenay, British Columbia V9N 1N7

8 Bedroom 8 Bathroom
Baseboard Heaters

$1,360,000

INVESTMENT OPPORTUNITY - This Fourplex is an 8 bedroom, 8 bathroom, brand new development in the City of Courtenay on Vancouver Island, BC. Minutes from the Courtenay River, close to shopping, schools, transportation. There are many new multi - family properties in the area and rentals like these are in high demand with less than 1% vacancy rates! Each suite features its own kitchen with quartz counter tops, all appliances including a stackable washer and dryer and dishwasher, vinyl flooring for easy long term maintenance, in-suite bike storage, plus private balcony or patio space. Blinds and landscaping are included; turnkey investment. 2-5-10 Warranty applies. Multi - Generational or Co-housing opportunities. 'House hack' by living in one unit and renting out the other suites, or stratifying to sell off units in the future. Approximately 5.12% cap rates, great holding property, make the smart move now. This is a must see. Inquire now about potential market rental rates. (id:39388)

Property Details

MLS® Number 839736
Property Type Single Family
Neigbourhood Courtenay City
Features Central Location, Level Lot, Southern Exposure, Other

Building

Bathroom Total 8
Bedrooms Total 8
Constructed Date 2020
Fireplace Present No
Heating Fuel Electric
Heating Type Baseboard Heaters
Total Finished Area 3400 Sqft
Type Fourplex

Land

Acreage No
Size Irregular 5000
Size Total 5000 Sqft
Size Total Text 5000 Sqft
Zoning Description R-4b
Zoning Type Multi-family

Rooms

Level Type Dimensions
Second Level Bathroom 4-Piece
Second Level Bathroom 4-Piece
Second Level Bathroom 4-Piece
Second Level Bathroom 4-Piece
Second Level Storage 9'9 x 5'4
Second Level Primary Bedroom 11 ft x 11 ft
Second Level Living Room 12'6 x 12'6
Second Level Kitchen 9'6 x 9'4
Second Level Dining Room 9'6 x 7'4
Second Level Bedroom 10 ft x
Lower Level Primary Bedroom 11 ft x 11 ft
Lower Level Living Room 12'6 x 12'6
Lower Level Kitchen 9'6 x 9'4
Lower Level Dining Room 9'6 x 7'4
Lower Level Bedroom 10 ft x
Main Level Ensuite 4-Piece
Main Level Ensuite 4-Piece
Main Level Ensuite 4-Piece
Main Level Ensuite 4-Piece
Main Level Storage 9'9 x 5'4
Main Level Primary Bedroom 11 ft x 11 ft
Main Level Living Room 12'6 x 12'6
Main Level Kitchen 9'6 x 9'4
Main Level Dining Room 9'6 x 7'4
Main Level Bedroom 10 ft x
Other Primary Bedroom 11 ft x 11 ft
Other Living Room 12'6 x 12'6
Other Kitchen 9'6 x 9'4
Other Dining Room 9'6 x 7'4
Other Bedroom 10 ft x

https://www.realtor.ca/real-estate/21867637/784-7th-st-courtenay-courtenay-city

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