397 5th Street

397 5th Street

Overview

The Comox Valley Regional District continues to grow in popularity and continues to see an influx of
new residents. The region boasts the newer North Island Hospital, which opened its doors in 2017.
The Comox Valley Airport offers direct service to several major cities in Canada, including Vancouver,
Edmonton, and Toronto (seasonally). The airport also offers seasonal service to Puerto Vallarta, Mexico.
Tourism and construction are two major economies in the Comox Valley Regional District. Major employers
include CFB Comox air defence base, North Island Hospital, and Mount Washington Alpine Resort.

Building Highlights

Macdonald Commercial is proud to present a
unique opportunity to acquire a brand-new
39-unit rental apartment building with four
ground floor commercial units in downtown
Courtenay, BC. The property sits on a 13,455
square foot corner lot. The property qualifies
for the Courtenay Property Tax Exemption,
saving approximately $89,700 annually.

Location Description

The subject property is located at the corner of 5th Street and
England Avenue in downtown Courtenay. The property’s downtown
location offers exceptional walkability, with many shops, services,
and amenities located within a close radius. The Departure Bay
ferry terminal in Nanaimo is just over an hour’s drive. BC Ferries’
Little River Terminal, which provides service to Powell River, is a
10-15 minute drive as well. The Comox Valley Airport is a short
15-minute driver.

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Our Team

Dan Schulz*

Senior Vice President

Chris Winckers

Senior Associate

*Personal Real Estate Corporation