About 574 Cumberland Rd
We are pleased to present this opportunity to purchase a new (estimated completion date August 2025) mixed-use four-storey rental building located in downtown Courtenay. Situated on a .336-acre corner lot on Cumberland Road at the gateway into downtown Courtenay, the building has approximately 24,642 sf of rentable space comprising 2,246 sf of ground floor commercial and 52 bright, well-appointed micro, one-bedroom and two-bedroom residential units above. The upper levels offer stunning mountain, city and ocean views. Building amenities include common laundry facilities, 114 bike stalls/lockers, 20 underground parking stalls (2 barrier-free) and one surface parking stall. Restaurants, grocery stores, cafes, bakeries, retail and the Courtenay Rotary and Courtenay Riverway Trails are steps away from this ideal location in the heart of the community. Contact the listing realtor to find out more details regarding the Courtenay Property Tax Exemption and the CMHC Select assumable mortgage
Features of 574 Cumberland Rd
| MLS® # | 1007615 |
|---|---|
| Price | $19,500,000 |
| Square Footage | 32,678 |
| Acres | 0.36 |
| Year Built | 2025 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 574 Cumberland Rd |
|---|---|
| Area | CV Courtenay City |
| City | Courtenay |
| County | Courtenay, City of |
| Province | BC |
| Postal Code | V9N 2T9 |
Amenities
| Parking Spaces | 21 |
|---|---|
| View | City, Mountain(s), Ocean |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Heat Pump |
|---|---|
| Cooling | HVAC |
| Fireplace | No |
| # of Stories | 4 |
Exterior
| Exterior Features | Balcony, Wheelchair Access |
|---|---|
| Construction | Cement Fibre, Concrete, Metal Siding, Stone |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | July 15th, 2025 |
|---|---|
| Days on Market | 91 |
| Zoning | C-1 |
Listing Details
| Office | Royal LePage Coast Capital Realty |
|---|