Property Type: Mobile / ManufacturedOwnership: Freehold

4931 Island Hwy N

Courtenay, BC V9N5Z2

$630,000

3 bed1 bath6 parking1,168 sqftBuilt 1973
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Property Details

Property & Lot

Sub-type
Manufactured Home
Lot size
0.51 acres
Zoning
Multi-Family

R-SSMUH

Ownership & Fees

Property type
Mobile / Manufactured
Ownership
Freehold
Annual property tax
$3,660.72

Interior

Heating
Baseboard heaters, Electric
Cooling / A/C
None
Fireplace
None

Parking

Total spaces
6

Room Dimensions

RoomLevelDimensions
PatioMain level7'10 x 19'8
StorageMain level5'2 x 8'3
BedroomMain level8'8 x 10'3
BedroomMain level7'8
Primary BedroomMain level11'7
BathroomMain level7'2 x 8'7
Laundry roomMain level6'11 x 12'4
KitchenMain level8'3 x 16'3
Dining roomMain level8'3 x 8'9
Living roomMain level7'8
EntranceMain level9'3

Listing Information

MLS®
1040978
Listed
June 19, 2026
Time on market
On the market for 73 days
Data last synced
August 28, 2026

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

Description

Looking for a property with a serious shop? This is it! Situated on a spacious lot just minutes from Courtenay, this unique property offers the perfect blend of home, workspace, and future potential. The manufactured home features a bright , functional layout with spacious living areas, an updated kitchen along with other updates over the years, while still offering plenty of opportunity to add your personal touches and build equity. The true standout is the impressive detached Quonset-style shop complete with solar panels, making it an ideal setup for mechanics, contractors, hobbyists, collectors, entrepreneurs, or anyone in need of exceptional storage and workspace. Whether you're running a home-based business, restoring vehicles, tackling projects, or simply need room for all your toys, this property delivers flexibility that is increasingly difficult to find. Outside, you'll appreciate the abundance of parking for RVs, boats, trailers, equipment, and multiple vehicles, along with a private backyard offering space to entertain, garden, relax, or enjoy time with family and friends. The generous lot provides room to spread out while remaining conveniently close to all the amenities of town. Zones R-SSMUH, the property also presents exciting possibilities for investors, multi-generational living, or buyers looking toward future development potential. Conveniently located near shopping, schools, recreation, beaches, and everything the Comox Valley has to offer, this is a rare opportunity to secure ap property that combines lifestyle, workspace, income potential, and long-term value in one attractive package. (id:63159)

Values & Trends

This listing

$539/sqft

Building average

No other active listings in this building

Courtenay North average

No comparable active listings

Parking: 6 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
Georges P. Vanier SecondarySecondary1.4 km
Queneesh ElementaryElementary1.6 km
Huband Park ElementaryElementary1.6 km
Glacier View Secondary CentreK-121.9 km
Ecole Secondaire Mark R Isfeld SecondarySecondary3.1 km
Valley View ElementaryElementary3.3 km
Ecole Puntledge Park ElementaryElementary4.1 km
Nala'atsi Alternate ProgramSecondary4.1 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: 6.0% ($38,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$504,000.00
Periodic payment — Principal & Interest (monthly)$3,251.64
Additional monthly expenses (strata, tax, utilities, etc.)$363.06
Total monthly cost$3,614.70
Interest paid over 5-yr term$144,447.85
Balance at end of term$453,349.63

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$38,000
Stress test qualifying rate8.09%
Payment you must qualify for$4,552.27

Cash Needed at Closing

Minimum down payment$38,000
Estimated BC PTT$10,600
Legal / closing costs (typical estimate)$1,500
Total cash needed$50,100

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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