Property Type: Detached HouseOwnership: Freehold

2695 Paula Pl

Courtenay, BC V9N6H9

$639,900

3 bed1 bath3 parking2,009 sqftBuilt 1976
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Property Details

Property & Lot

Sub-type
House
Lot size
13,939 square feet
Zoning
Residential

R-1

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,109

Interior

Heating
Baseboard heaters
Cooling / A/C
None
Fireplace
Yes (1)

Parking

Total spaces
3

Room Dimensions

RoomLevelDimensions
Unfinished RoomLower level13'5 x 28'0
Laundry roomLower level6'11 x 12'3
EntranceLower level8'1 x 8'11
Family roomLower level14'7 x 22'4
DenLower level11'8 x 11'8
SunroomMain level11'10 x 14'8
BedroomMain level9'6 x 10'6
BedroomMain level9'8 x 10'6
BathroomMain level9'8 x 10'6
Primary BedroomMain level11'2 x 14'0
KitchenMain level9'6 x 12'0
Dining roomMain level9'7 x 11'8
Living roomMain level13'0 x 9'5

Listing Information

MLS®
1040836
Listed
June 19, 2026
Time on market
On the market for 74 days
Data last synced
August 28, 2026

Listing provided by: eXp Realty (CX) · Data source: CREA DDF.

Description

Featuring a brand new roof and hot water tank installed in June 2026, this home offers a fantastic opportunity to build equity while adding your own personal touches. With good bones, recent landscaping, a newer vinyl deck, radiant in-floor heating in the bathroom, and fruit trees in the yard, much of the heavy lifting has been done. Priced well below assessed value and offering low property taxes, it's an excellent option for first-time buyers, investors, or anyone looking for a property with potential. Located just outside Courtenay, you'll enjoy a peaceful rural feel while remaining close to North Island College, the hospital, walking trails, everyday amenities, and within the sought-after Huband Park Elementary catchment. Set on a generous 0.32-acre corner lot, this 3-bedroom, 1-bath home also includes a partially finished basement, providing flexibility for future updates and added living space. (id:63159)

Values & Trends

This listing

$319/sqft

Building average

No other active listings in this building

Courtenay North average

$704/sqft

19 active listing(s)

Parking: 3 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 72%

Wind W 4 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

28,420

(2021 Census)

+10.8% since 2016

Density: 876.6/km²

Dwellings: 13,414

Median household income: $72,000

After-tax: $65,500

Immigrant population: 13.6%

Top countries of origin (% of total population)

  • United Kingdom3.9% · 1,105
  • United States of America1.3% · 370
  • Germany1.1% · 300
  • Philippines1% · 290
  • Viet Nam0.6% · 160
  • India0.5% · 130
  • Korea, South0.4% · 110
  • Netherlands0.4% · 100

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Huband Park ElementaryElementary1.0 km
Queneesh ElementaryElementary1.6 km
Georges P. Vanier SecondarySecondary2.1 km
Glacier View Secondary CentreK-122.4 km
Ecole Secondaire Mark R Isfeld SecondarySecondary3.2 km
Valley View ElementaryElementary3.5 km
Nala'atsi Alternate ProgramSecondary4.7 km
Ecole Puntledge Park ElementaryElementary4.7 km

Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.

Nearby Transit

No TransLink stops within an ~10-minute walk.

School district: Comox Valley (SD71)

Mortgage & Ownership Cost Calculator

Minimum required: 6.1% ($38,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$511,920.00
Periodic payment — Principal & Interest (monthly)$3,302.73
Additional monthly expenses (strata, tax, utilities, etc.)$359.08
Total monthly cost$3,661.82
Interest paid over 5-yr term$146,717.74
Balance at end of term$460,473.70

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$38,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,620.79

Cash Needed at Closing

Minimum down payment$38,990
Estimated BC PTT$10,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$51,288

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

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