574 Cumberland Rd, Courtenay, BC

$19,500,000

32,678

Square feet

0.36

Acres

About 574 Cumberland Rd

We are pleased to present this opportunity to purchase a new (estimated completion date August 2025) mixed-use four-storey rental building located in downtown Courtenay. Situated on a .336-acre corner lot on Cumberland Road at the gateway into downtown Courtenay, the building has approximately 24,642 sf of rentable space comprising 2,246 sf of ground floor commercial and 52 bright, well-appointed micro, one-bedroom and two-bedroom residential units above. The upper levels offer stunning mountain, city and ocean views. Building amenities include common laundry facilities, 114 bike stalls/lockers, 20 underground parking stalls (2 barrier-free) and one surface parking stall. Restaurants, grocery stores, cafes, bakeries, retail and the Courtenay Rotary and Courtenay Riverway Trails are steps away from this ideal location in the heart of the community. Contact the listing realtor to find out more details regarding the Courtenay Property Tax Exemption and the CMHC Select assumable mortgage

Commercial Sale home for sale in Courtenay, BC at 574 Cumberland Rd. This Commercial Sale home is priced at $597/sqft

Features of 574 Cumberland Rd

MLS® # 1007615
Price $19,500,000
Sold Price $19,115,000
Square Footage 32,678
Acres 0.36
Year Built 2025
Type Commercial Sale
Sub-Type Mixed Use
Status Closed
View City, Mountain(s), Ocean

Community Information: Courtenay

Address 574 Cumberland Rd
Area CV Courtenay City
City Courtenay
County Courtenay, City of
Province BC
Postal Code V9N 2T9

Amenities of 574 Cumberland Rd

Parking Spaces 21
View City, Mountain(s), Ocean
Is Waterfront No
Has Pool No

Interior of 574 Cumberland Rd

Heating Heat Pump
Cooling HVAC
Fireplace No
# of Stories 4

Exterior of 574 Cumberland Rd

Exterior Features Balcony, Wheelchair Access
Construction Cement Fibre, Concrete, Metal Siding, Stone
Foundation Poured Concrete

Additional Information On 574 Cumberland Rd

Date Listed July 15th, 2025
Date Sold December 5th, 2025
Days on Market 113
Zoning C-1

Map To 574 Cumberland Rd, Courtenay

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