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Investment signal

$769,000

1883 & 1885 England Ave

Save this home

Beds

6

Baths

2

Sqft

Year

1968

Type

Single Family

Suite

Suite potential

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

Prime investment opportunity in the heart of Courtenay. This non-strata, side-by-side duplex offers flexibility for investors, owner-occupiers, or buyers looking for a strong mortgage helper. Each unit spans two levels with just over 1,000 sq ft, featuring 3 bedrooms, 1 bathroom, tasteful kitchen updates, and custom built-in shelving and seating that maximize functionality & comfort.Both sides enjoy private side yards, large fully fenced backyards, and dedicated storage shed—ideal for tenants or future owners.Rear alley access provides convenient parking and separate entrances for each unit.Currently both sides are tenanted, generating excellent rental income and making this a turnkey opportunity for investors.Located within walking distance to shopping, restaurants, schools, and everyday amenities, this property combines a central location with long-term upside and consistent cash flow.A rare chance to secure a well-located duplex with income today and strong potential for the future. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Courtenay City
Common interest
Freehold
Living area
2,038 square feet
Lot size
6,403 square feet
Lot dimensions
6403
Parking
2 total
Condo/HOA fee
$0 monthly
Fireplace
1
On market
Apr 21, 2026
Status changed
Apr 21, 2026
Annual tax
$7,599
Zoning
Multi-Family
Photos
30
MLS#
1032168
Area
COURTENAY

Features and systems

Parking

Stall

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Lot

Central locationOther
Negative cash flow ~$853/mo at these assumptions

Cash on cash

-6.66%

Cap rate

3.53%

GRM

16.6

Break-even rent

$4,748

Financing

Down payment$153,800
Loan amount$615,200
Mortgage$3,117/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$352
Insurance$80
Maintenance$641
CapEx reserve$320
Vacancy loss$193

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

Estimated $3,117/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 21, 2026.

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