4705/4707 Gail Cres
Courtenay, BC V9N5Y3
$989,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 10,454 square feet
- Zoning
- Unknown
R-1
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $3,794
Interior
- Heating
- Heat Pump, Baseboard heaters, Electric
- Cooling / A/C
- Wall unit
- Fireplace
- Yes (3)
Parking
- Total spaces
- 5
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Other | 7'5 x 9'3 |
| Bedroom | Other | 11'0 x 12'11 |
| Kitchen | Other | 9'6 x 9'8 |
| Living room | Other | 10'7 x 12'11 |
| Laundry room | Lower level | 7'5 x 11'0 |
| Bathroom | Lower level | 6'7 x 8'0 |
| Bedroom | Lower level | 10'10 x 13'6 |
| Kitchen | Lower level | 10'9 x 12'0 |
| Living room | Lower level | 11'0 x 12'11 |
| Bathroom | Main level | 4'11 x 8'1 |
| Bedroom | Main level | 11'9 x 12'8 |
| Primary Bedroom | Main level | 11'2 x 13'9 |
| Kitchen | Main level | 8'2 x 13'11 |
| Living room | Main level | 8'7 x 17'0 |
Listing Information
- MLS®
- 1036882
- Listed
- May 15, 2026
- Time on market
- On the market for 108 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage-Comox Valley (CV) · Data source: CREA DDF.
Description
Attention multigenerational families. This updated property offers exceptional flexibility with a stylish main home, unauthorized suite, and a stunning 2022 mini home on a spacious lot. The main level features solid maple floors, vaulted ceilings, fresh paint, an updated kitchen and bath, two bedrooms, open-concept living, electric fireplace, and access to a large deck. Downstairs offers a 1-bedroom unauthorized suite with separate entrance, kitchen, vinyl flooring, electric fireplace, and a fully fenced private yard. The detached mini home impresses with vaulted ceilings, solid oak flooring, electric fireplace, 4-piece bath, bedroom, metal roof, Hardie siding, private deck, and fenced yard. Efficient heat pumps serve both levels. One title, two addresses—ideal for flexible living. (id:63159)
Values & Trends
This listing
$414/sqft
Building average
—
No other active listings in this building
Courtenay North average
$699/sqft
19 active listing(s)
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
15°C
Mostly Cloudy
Humidity 82%
Wind WNW 5 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
| School | Type | Distance |
|---|---|---|
| Huband Park Elementary | Elementary | 1.2 km |
| Queneesh Elementary | Elementary | 1.3 km |
| Georges P. Vanier Secondary | Secondary | 2.1 km |
| Glacier View Secondary Centre | K-12 | 2.1 km |
| Ecole Secondaire Mark R Isfeld Secondary | Secondary | 2.9 km |
| Valley View Elementary | Elementary | 3.2 km |
| Nala'atsi Alternate Program | Secondary | 4.6 km |
| Courtenay Elementary | Elementary | 4.6 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 7.5% ($73,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
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.