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Investment signal

$694,000

A 139 Malcolm Pl

Save this home

Beds

4

Baths

4

Sqft

Year

1994

Type

Single Family

Suite

Investment signal

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

Tucked into a quiet cul-de-sac in desirable Puntledge Park, this beautifully updated half duplex offers exceptional space & value in central Courtenay. With 2,268 sq ft across 3 floors, this is one of the larger half duplexes in the Comox Valley. Featuring 4 bdrms & 4 bath, including 3 bdrms up w/ a spacious primary suite & ensuite, plus a bdrm & full bath down, ideal for guests or flexibility. Bright lower level offers a rec room & flex space for movie nights, gym or storage. Kitchen designed for entertaining w/ widened island & room for a large dining table. Well maintained w/ updates over time including newer roof (2022), PEX plumbing & hot water tank (2024), & laminate flooring below. Interior updates include paint, baseboards, lighting, painted cabinetry, doors, hardware & refreshed lower bath. Private SW facing yard w/ beds, timber wall, cedar fencing & covered patio, ideal for evening sun & outdoor living. Move in ready & close to schools, parks, shopping & amenities. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Courtenay City
Common interest
Condo/Strata
Living area
2,268 square feet
Lot size
3,920 square feet
Lot dimensions
3920
Parking
3 total
Condo/HOA fee
$0 monthly
On market
Apr 23, 2026
Status changed
Apr 25, 2026
Annual tax
$4,896
Zoning
Residential
Photos
49
MLS#
1033169
Area
COURTENAY

Features and systems

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryer

Heating

Baseboard heaters

Cooling

None

Lot

Central locationCul-de-sacOther

Community

Family OrientedPets Allowed
Negative cash flow ~$777/mo at these assumptions

Cash on cash

-6.72%

Cap rate

3.52%

GRM

16.6

Break-even rent

$4,293

Financing

Down payment$138,800
Loan amount$555,200
Mortgage$2,813/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$318
Insurance$80
Maintenance$578
CapEx reserve$289
Vacancy loss$174

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 $2,813/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 25, 2026.

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