$669,900
A 2500 1st St
Beds
3
Baths
3
Sqft
—
Year
1994
About this home
Welcome to this beautifully updated duplex in the heart of the sought-after Puntledge Park neighbourhood—just a short stroll to the river, local schools, and the scenic Ruth Masters Greenway. Offering 1,659 sq ft of thoughtfully designed living space, this 3-bedroom, 2.5-bath home blends comfort and modern style with everyday functionality. The main level has been opened up to create a bright, airy layout, complemented by extensive updates throughout that give the home a fresh, move-in-ready feel. The kitchen has been tastefully updated with quartz countertops, updated cabinetry, and a clean, modern aesthetic. Enjoy a sunny, south-facing backyard that fills the home with natural light and provides the perfect outdoor space for relaxing or entertaining. Significant upgrades over the past few years—including triple pane windows, a ductless heat pump, poly-b replacement, improved insulation, and extensive electrical improvements—offer peace of mind and energy efficiency for years to come. Complete with a single-car garage, crawl space for additional storage, and a private outdoor area with a new shed, this home checks all the boxes. Whether you're looking to get into the market, downsize without compromise, or invest in a prime Courtenay location, this property offers exceptional value in one of the Valley’s most loved neighbourhoods. (id:65958)
- Subtype
- Single Family
- Lot size
- 1,742 square feet
- MLS#
- 1031689
- Area
- COURTENAY
Cash on cash
-11.91%
Cap rate
3.51%
GRM
16.7
Break-even rent
$4,750
Financing
Operating expenses (monthly)
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.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 18, 2026.