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Investment signal

$635,000

A 89 Timberlane Rd

Save this home

Beds

4

Baths

2

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

Welcome to sought-after Puntledge Park, just steps to trails, the river, schools, and downtown Courtenay. This well-maintained 4-bedroom, 2-bath half duplex offers 1,488 sq ft of comfortable, functional living. The main level features a bright living room with patio access, a spacious U-shaped kitchen with an eat-in area and a bay window, plus a mudroom and a 2-piece bath. Upstairs, four generous bedrooms provide flexibility for families, guests, or a home office, with the primary offering a walk-in closet. Enjoy the private, fully fenced backyard with sunny patio and established garden beds. Updates include laminate flooring, fresh paint, baseboards, a refreshed lower bath, and newer appliances. A fantastic opportunity in a family-friendly neighbourhood. For more information please contact Ronni Lister at 250-702-7252 or ronnilister.com. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Courtenay City
Common interest
Condo/Strata
Living area
1,608 square feet
Lot size
3,920 square feet
Lot dimensions
3920
Parking
2 total
Condo/HOA fee
$0 monthly
On market
Apr 14, 2026
Status changed
Apr 28, 2026
Annual tax
$4,536
Zoning
Residential
Photos
67
MLS#
1032162
Area
COURTENAY

Features and systems

Heating

Baseboard heatersElectric

Cooling

None

Lot

Other

Community

Family OrientedPets Allowed
Negative cash flow ~$723/mo at these assumptions

Cash on cash

-6.83%

Cap rate

3.50%

GRM

16.7

Break-even rent

$3,936

Financing

Down payment$127,000
Loan amount$508,000
Mortgage$2,574/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$291
Insurance$80
Maintenance$529
CapEx reserve$265
Vacancy loss$159

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.

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.

Mortgage estimate

Estimated $2,574/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 28, 2026.

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