$929,000
398 Panorama Cres
Beds
5
Baths
4
Sqft
—
Year
1990
Type
Single Family
Suite
Legal suite
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
Welcome to this bright and inviting family home in desirable East Courtenay, set on a spacious corner lot and perfectly positioned to take in beautiful mountain views through sun-filled windows. This versatile property also features a 2 bedroom legal suite, offering excellent flexibility for extended family or added income, all while being located close to schools, parks, and everyday amenities. The main level features a functional layout with 3 bedrooms, 2 bath up, including a spacious primary suite with a beautiful renovated ensuite complete with heated floors and a walk-in shower for added comfort. The lower level also include a large bonus room reserved for a main home use, ideal as a media room, playroom, home office, or additional living space. Downstairs you'll find the fully self-contained 2 bed, 1 bath legal suite with its own separate entrance and dedicated driveway, providing excellent privacy for both the main home and suite occupants. The suite is a great mortgage helper, helping offset monthly costs and even making it easier for buyers to qualify by using some of the potential rental income. With mountain views, a corner lot setting, and the flexibility of a legal suite, this East Courtenay home offers exceptional value for families seeking both lifestyle and financial versatility. (id:65958)
- Subtype
- Single Family
- Structure
- House
- Community
- Courtenay East
- Common interest
- Freehold
- Living area
- 2,962 square feet
- Lot size
- 7,884 square feet
- Lot dimensions
- 7884
- Parking
- 5 total
- Fireplace
- 1
- On market
- Feb 24, 2026
- Status changed
- Apr 24, 2026
- Annual tax
- $7,695
- Zoning
- Residential
- Photos
- 42
- MLS#
- 1026766
- Area
- COURTENAY
Features and systems
Appliances
Heating
Cooling
Lot
View
Cash on cash
-0.88%
Cap rate
4.69%
GRM
13.9
Break-even rent
$5,719
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: 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
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.