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Investment signal

$849,000

2327 Willemar Ave

Beds

6

Baths

4

Sqft

Year

1981

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Rare full duplex opportunity in a convenient location! Each side offers 3 bedrooms and 2 baths, making this a fantastic investment or multi generational living option. Live comfortably in one side while generating income from the other at today's rental rates! One side has just been beautifully refreshed with fresh paint, brand new flooring, light fixtures - move in ready! Ideally situated close to all amenities, including Driftwood Mall, grocery stores, coffee shops, and the theatre, convenience is at your doorstep. Each side enjoys their own large deck and the spacious yard provides plenty of room for kids to play, gardening, relaxing and outdoor enjoyment. Roof was replaced approximately 7 years ago and hot water tanks were done in 2023 & 2025. Whether you're expanding your portfolio or looking for a smart living solution, this versatile property is a rare find you won't want to miss! (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Courtenay City
Common interest
Freehold
Living area
2,462 square feet
Lot size
7,405 square feet
Lot dimensions
7405
Parking
4 total
On market
Feb 27, 2026
Status changed
Apr 16, 2026
Annual tax
$7,423.56
Zoning
Multi-Family
Photos
53
MLS#
1027258
Area
COURTENAY

Features and systems

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Lot

Central locationLevel lotOtherMarine Oriented
Negative cash flow ~$1,660/mo at these assumptions

Cash on cash

-11.73%

Cap rate

3.54%

GRM

16.6

Break-even rent

$5,997

Financing

Down payment$169,800
Loan amount$679,200
Mortgage$4,167/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$389
Insurance$80
Maintenance$708
CapEx reserve$354
Vacancy loss$213

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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.

Mortgage estimate

Estimated $4,167/mo at 5.49% with 20% down, 25-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 16, 2026.

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