Property Type: Condo / ApartmentOwnership: Strata

315 205 1st St

Courtenay, BC V9N1A5

$529,000

3 bed2 bath1 parking1,262 sqftBuilt 1982
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Property Details

Property & Lot

Sub-type
Apartment
Zoning
Residential

R4

Ownership & Fees

Property type
Condo / Apartment
Ownership
Strata
Strata / maintenance fee
$443/mo
Annual property tax
$2,942.06

Interior

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

Exterior & Lot

View
River view, View
Waterfront
Waterfront on river

Parking

Total spaces
1

Restrictions & Policies

Pets
Allowed

As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.

Room Dimensions

RoomLevelDimensions
DenSecond level8'2 x 10'8
BedroomSecond level8'2 x 12'3
BalconyMain level3'9 x 9'10
BathroomMain level4-Piece
KitchenMain level8'2 x 8'4
Mud roomMain level5'1 x 8'4
Laundry roomMain level3'3 x 8'4
EntranceMain level3'1 x 8'2
Dining roomMain level
Living roomMain level14'1 x 18'4
BedroomMain level8'8 x 10'4
Primary BedroomMain level11'1 x 13'6
BathroomMain level3-Piece

Listing Information

MLS®
1037586
Listed
May 22, 2026
Time on market
On the market for 101 days
Data last synced
August 28, 2026

Listing provided by: Engel & Volkers Vancouver Island North · Data source: CREA DDF.

Description

Top floor riverfront living in the heart of Courtenay! This spacious three bedroom, two bathroom condo offers stunning views over the Puntledge River and a bright, airy layout with vaulted ceilings, a loft, and large windows that fill the home with natural light. Freshly painted and featuring an updated kitchen, this unique home combines warmth and character with modern touches, including a cozy woodstove and versatile loft space perfect for a home office, studio, or guest area. Step out onto your private balcony and enjoy peaceful river views, wildlife, and the sounds of nature, all just steps from shopping, restaurants, walking trails, and the vibrant downtown core. A rare opportunity to enjoy the perfect blend of tranquil waterfront living in a walkable, central location. (id:63159)

Values & Trends

This listing

$419/sqft

Building average

No other active listings in this building

Courtenay City average

$372/sqft

27 active listing(s)

Parking: 1 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

48

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 ElementaryElementary1.4 km
Nala'atsi Alternate ProgramSecondary1.4 km
Ecole Puntledge Park ElementaryElementary1.5 km
Georges P. Vanier SecondarySecondary1.5 km
Lake Trail CommunityMiddle1.6 km
Glacier View Secondary CentreK-121.6 km
Queneesh ElementaryElementary2.9 km
Arden ElementaryElementary2.9 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 Street295 m
  • Mandarin Village Restaurant · 207 5th Street383 m
  • Delicado's · 180B 5th Street442 m
  • Dina Kurdish & Turkish Cuisine · 463 5th Street451 m
  • Pho' 54 · 492 Fitzgerald Avenue461 m

Cafes (5+)

  • Michael's Off Main · 355 4th Street316 m
  • Frankie Jo's Bakery Café399 m
  • Cardero's Café · 232 5th Street408 m
  • Freya Nordic Baking & Caffe413 m
  • Cappuccino Grande Café · 344 5th Street419 m

Grocery (2)

  • Edible Island Whole Foods Market · 477 6th Street525 m
  • The Old Farm Market · 660 England Avenue538 m

Parks (5+)

  • 4th Street Parklet · 243 4th Street286 m
  • Riverside Park · 358 Anderton Avenue291 m
  • Condensory Park361 m
  • Lewis Park438 m
  • Courthouse Park571 m

Gyms (5+)

  • Eden Therapy · 333 5th Street397 m
  • Axé Capoeira · 133 5th Street412 m
  • Comox Valley Boxing Club · 129 5th Street414 m
  • The House of Now Yoga Studio560 m
  • Wild+United Athletics · 445 10th Street790 m

Pharmacies (2)

  • Pharmasave394 m
  • Shoppers Drug Mart · 310 8th Street719 m

Banks & ATMs (4)

  • Coastal Community Credit Union · 291A 4th Street279 m
  • Scotiabank442 m
  • Scotiabank · 392 5th Street443 m
  • BMO · 585 England Avenue508 m

Nearby places data: © OpenStreetMap contributors.

School district: Comox Valley (SD71)

Mortgage & Ownership Cost Calculator

Minimum required: 5.3% ($27,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$423,200.00
Periodic payment — Principal & Interest (monthly)$2,730.34
Additional monthly expenses (strata, tax, utilities, etc.)$751.17
Total monthly cost$3,481.51
Interest paid over 5-yr term$121,290.34
Balance at end of term$380,669.77

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,900
Stress test qualifying rate8.09%
Payment you must qualify for$3,853.28

Cash Needed at Closing

Minimum down payment$27,900
Estimated BC PTT$8,580
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,980

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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