$4,340,000
 $23,298 est/mo Sourced by Back At You

1252 9th St,Courtenay, BC V9N1P4

Courtenay, BC V9N1P4

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Description

New higher rents as of October 2026 and the potential for further large additions to net income upon tenant turnover all serve to make the Willow Arms a very attractive investment opportunity. Make sure to read the property summary and financials in supplements. Willow Arms is a 21-unit apartment building on the corner of 9th Street and Willemar Avenue with immediate access to 5th Street and the Courtenay downtown core. The impressive suite mix features fourteen large three-bedroom suites, six two-bedroom suites and one studio suite. Built in 1966, the Willow Arms offers spacious balconies/patios for each suite, on-site parking, tenant lockers, coin-operated laundry, heat and hot water included in the rent, and proximity to shopping, transit infrastructure and other local amenities. Moreover, the building is in a state of excellent repair and modernization thanks to very good property management (upon tenant turnover, suites are renovated and modernized). Try your offer! (id:13843)

Details

MLS #1026708
Listing TypeFor Sale
StatusActive
Year1966
Days On Site232
Listing Provided ByeXp Realty | Andre Beauregard

Features

Units21
ZoningUnknown
Acreage0.53
Property ViewCity view

Interior

CoolingNone
HeatingBaseboard heaters, Oil, Hot Water
Fireplace Yes / NoNo

Exterior

Security FeaturesSprinkler System-Fire, Fire alarm system
Lot FeaturesCentral location, Level lot, Corner Site, Partially cleared, Other

Parking

Parking Total19

Taxes

Tax Annual Amount22238

Area Information

ProvinceBC
CityCourtenay
Postal CodeV9N1P4
Listing VS Median (in V9N1P4)
Price:
$4,340,000
low | high
Med:
$0
On site:
232
low | high
Med:
Sourced by Back At You

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Learn More About This Property

ProvinceBC
CityCourtenay
Postal CodeV9N1P4
Listing VS Median (in V9N1P4)
Price:
$4,340,000
low | high
Med:
$0
On site:
232
low | high
Med:
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:02:57 AM PDT