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Legal suite

$849,900

78 Rod & Gun Rd

Beds

5

Baths

2

Sqft

Year

1976

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

Immediate occupancy available. Welcome to this beautifully updated home in the family-friendly neighbourhood of Puntlege Park! Legal suite downstairs for more financial freedom! Just a couple minutes walk to river access and scenic trails. Enjoy tubing from the end of the street to Lewis Park, or walk 10 minutes to the Puntledge playground and swimming area, 20 minutes to downtown. Walking distance to Puntledge Elementary! This fully renovated home (2023-2025) features a bright open-concept layout with a stunning kitchen, island, and all-new appliances (2023). Upstairs offers 3 bedrooms, gorgeous stone gas fireplace feature, a spacious pantry; downstairs is a vacant legal 2-bedroom suite with separate entrance. Recent upgrades include new furnace (2022), hot water tank (2023), HRV system, new windows (2024), gutters (2024), exterior paint and front door (2025), and fresh landscaping. Both levels have cozy gas fireplaces. Move-in ready perfection (id:65958)

Subtype
Single Family
Structure
House
Community
Courtenay City
Common interest
Freehold
Living area
1,809 square feet
Lot size
6,534 square feet
Lot dimensions
6534
Parking
4 total
Fireplace
2
On market
Apr 13, 2026
Status changed
Apr 13, 2026
Annual tax
$6,758.74
Zoning
Residential
Photos
27
MLS#
1031925
Area
COURTENAY

Features and systems

Heating

Baseboard heatersForced airHeat Recovery Ventilation (HRV)ElectricNatural gas

Cooling

None

Lot

Central locationLevel lotOther
Negative cash flow ~$858/mo at these assumptions

Cash on cash

-6.06%

Cap rate

4.68%

GRM

13.9

Break-even rent

$6,003

Financing

Down payment$169,980
Loan amount$679,920
Mortgage$4,171/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$390
Insurance$80
Maintenance$708
CapEx reserve$354
Vacancy loss$255

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 $4,171/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 13, 2026.

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