612&622 3030 Kilpatrick Ave, Courtenay, BC V9N8P1
$499,900 total
1,725 SF
Asset Class
Specialty
Size
1,725 SF
Building class
C
Zoning
US — Urban Services
$ / SF
$290
Occupancy
88%
Work from home opportunity at Southgate Village.Calling professional entrepreneurs, investors or those looking for a great mortgage helper. Featuring a 2-level, 2-bedroom residence above with an additional 400 sq ft of bright, accessible, finished commercial space below that includes a 2-piece bath. This condo is tucked into a quiet, private corner and has a spacious layout. The impressive primary bedroom features vaulted ceilings, a 3-piece ensuite with double walk-in shower, and a huge walk-in closet. Additional storage space in primary bedroom is an added bonus. Enjoy cozy evenings by the gas fireplace in the living room or relax on the deck with natural gas BBQ hook-up. The main level townhouse includes a galley kitchen, separate dining area, a second bedroom and a 4-piece bath with laundry center. Commercial C2 zoning and a prime location in a bustling area of Courtenay where you can walk to shops, dining, parks and the beach or simply downstairs to your business or office space (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$28K
Annual cash flow
$223
Cash-on-cash
0.15%
DSCR
1.01
Going-in cap
5.59%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
| Tenant | Area | Expiry |
|---|---|---|
| Vector Robotics | 457 SF | 2030-07 |
| Vector Robotics | 743 SF | 2030-07 |
| Vector Robotics | 400 SF | 2030-07 |
| Vector Robotics | 400 SF | 2030-07 |
Trade area within 3 miles of the property.
Population
77,477
Households
27,619
Median income
$98,500
Median age
31.2
Daytime population
80,458
5-yr growth
0.8%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 612&622 3030 Kilpatrick Ave, Courtenay.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.