Property Type: Detached HouseOwnership: FreeholdNEW LISTING

307 3rd St

Courtenay, BC V9N1E3

$998,000

4 bed1 bath2 parking1,513 sqftBuilt 1928
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Property Details

Property & Lot

Sub-type
House
Lot size
9,583 square feet
Zoning
Residential

R-SSMUH

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,051

Interior

Heating
Forced air, Oil
Cooling / A/C
None
Fireplace
Yes (1)

Exterior & Lot

Lot features
Central location, Other

Building

Parcel ID (PID)
007-417-098

Parking

Total spaces
2 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
Laundry roomLower level5'0 x 8'0
BedroomSecond level11'6 x 7'5
BedroomSecond level10'6 x 10'10
BedroomSecond level10'6 x 14'3
BathroomMain level4-Piece
Dining roomMain level10'6 x 11'7
Primary BedroomMain level11'6
KitchenMain level12'9 x 15'6
Living roomMain level20'2 x 13'3

Listing Information

MLS®
1048007
Listed
August 28, 2026
Time on market
On the market for 3 days
Data last synced
August 29, 2026

Listing provided by: REMAX Ocean Pacific (Crtny) · Data source: CREA DDF.

Description

TWO SEPARATELY TITLED LOTS in Courtenay’s coveted Old Orchard neighbourhood! A prime investment opportunity just steps from downtown cafés, restaurants, shopping, parks and the Puntledge River. The property features a beautifully updated 1928 character home with 4 bedrooms, original hardwood floors and 9-ft ceilings, complemented by extensive upgrades including new electrical wiring, 200-amp service, environmental remediation, a custom kitchen and new appliances. The insulated detached workshop is wired and roughed-in for plumbing, offering excellent potential for a home-based business, studio or workspace. Mature trees and established landscaping add privacy and character. With two existing titles, a highly walkable location and flexible future potential, this is a rare opportunity for homeowners, investors or developers in the heart of Courtenay. Buyer to verify intended uses and development potential with the City of Courtenay. (id:63159)

Values & Trends

This listing

$660/sqft

Building average

No other active listings in this building

Courtenay City average

$542/sqft

30 active listing(s)

Parking: 2 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.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

74

7/9 categories nearby

Transit

Not enough data yet

How this is calculated

Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.

Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.

Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.

Nearby Schools

SchoolTypeDistance
Courtenay ElementaryElementary1.2 km
Nala'atsi Alternate ProgramSecondary1.2 km
Ecole Puntledge Park ElementaryElementary1.3 km
Lake Trail CommunityMiddle1.4 km
Glacier View Secondary CentreK-121.7 km
Georges P. Vanier SecondarySecondary1.7 km
Arden ElementaryElementary2.8 km
Queneesh ElementaryElementary3.0 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.

Nearby Places

Restaurants (5+)

  • Early Bird Café · 307 4th Street77 m
  • Mandarin Village Restaurant · 207 5th Street207 m
  • Dina Kurdish & Turkish Cuisine · 463 5th Street242 m
  • Taco Bandido · 444 5th Street249 m
  • Pho' 54 · 492 Fitzgerald Avenue261 m

Cafes (5+)

  • Michael's Off Main · 355 4th Street97 m
  • Freya Nordic Baking & Caffe193 m
  • Cappuccino Grande Café · 344 5th Street199 m
  • Cardero's Café · 232 5th Street217 m
  • The Twisted Mint Café · 545 Duncan Avenue225 m

Grocery (2)

  • Edible Island Whole Foods Market · 477 6th Street310 m
  • The Old Farm Market · 660 England Avenue319 m

Parks (5+)

  • 4th Street Parklet · 243 4th Street111 m
  • Riverside Park · 358 Anderton Avenue263 m
  • Courthouse Park350 m
  • Lewis Park451 m
  • Unnamed476 m

Gyms (5+)

  • Eden Therapy · 333 5th Street178 m
  • Axé Capoeira · 133 5th Street273 m
  • Comox Valley Boxing Club · 129 5th Street279 m
  • The House of Now Yoga Studio367 m
  • Wild+United Athletics · 445 10th Street569 m

Pharmacies (2)

  • Pharmasave175 m
  • Shoppers Drug Mart · 310 8th Street506 m

Banks & ATMs (4)

  • Coastal Community Credit Union · 291A 4th Street85 m
  • Scotiabank221 m
  • Scotiabank · 392 5th Street222 m
  • BMO · 585 England Avenue288 m

Nearby places data: © OpenStreetMap contributors.

School district: Comox Valley (SD71)

Mortgage & Ownership Cost Calculator

Minimum required: 7.5% ($74,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$798,400.00
Periodic payment — Principal & Interest (monthly)$5,151.01
Additional monthly expenses (strata, tax, utilities, etc.)$580.25
Total monthly cost$5,731.26
Interest paid over 5-yr term$228,823.74
Balance at end of term$718,163.38

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$74,800
Stress test qualifying rate8.09%
Payment you must qualify for$7,099.08

Cash Needed at Closing

Minimum down payment$74,800
Estimated BC PTT$17,960
Legal / closing costs (typical estimate)$1,500
Total cash needed$94,260

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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