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Investment signal

$804,999

112 Arden Rd

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Beds

Baths

Sqft

—

Year

1960

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Courtenay. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Opportunity to own a full duplex in central Courtenay—ideal as an investment property, for multi-generational living, or for living in one unit while generating income from the other. Both units are currently tenanted, offering immediate rental income. Each self-contained suite features a spacious layout with 3 bedrooms and 2 bathrooms, providing nearly 3,000 sq ft of comfortable living space. Both homes offer bright kitchens, generous living areas with cozy gas fireplaces, in-suite laundry, and well-designed floorplans that feel open and functional. The upper unit includes recent laminate flooring updates throughout the main living areas. Set on a fully fenced corner lot with ample parking and directly across from access to scenic walking trails, the property is just minutes from Puntledge Park, schools, and everyday amenities. Whether you're looking to offset your mortgage or accommodate extended family, this property delivers flexibility in a welcoming, family-friendly neighbourhood. (id:65958)

Subtype: Single Family
Architectural style: Other
Structure: Duplex
Community: Courtenay City
Common interest: Freehold
Living area: 2,978 square feet
Lot size: 7,211 square feet
Lot dimensions: 7211
Parking: 4 total
Fireplace: 2
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $6,931.77
Zoning: Residential
Photos: 25
MLS#: 1032407
Area: COURTENAY

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Lot

Central locationCorner SiteOther

Negative cash flow ~$895/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.67%

Cap rate

3.53%

GRM

16.7

Break-even rent

$4,967

Financing

Down payment$161,000

Loan amount$643,999

Mortgage$3,263/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$369

Insurance$80

Maintenance$671

CapEx reserve$335

Vacancy loss$201

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $3,263/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.