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1252 9th St Courtenay, British Columbia V9N 1P4

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$4,340,000

MLS® Number: 1026708
19

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:59126)

Property Details

MLS® Number 1026708
Property Type Multi-family
Neigbourhood Courtenay City
Features Central Location, Level Lot, Corner Site, Partially Cleared, Other
Parking Space Total 19
View Type City View

Building

Constructed Date 1966
Cooling Type None
Fire Protection Fire Alarm System, Sprinkler System-fire
Heating Fuel Oil
Heating Type Baseboard Heaters, Hot Water
Type Multi-family

Land

Acreage No
Size Irregular 0.53
Size Total 0.53 Ac
Size Total Text 0.53 Ac
Zoning Type Unknown

https://www.realtor.ca/real-estate/29450490/1252-9th-st-courtenay-courtenay-city

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