1252 9th St, Courtenay
New higher rents as of October 2026 and the potential for further large additions to net income upon tenant turnover all serve to make the Willow Arms a very attractive investment opportunity. Make sure to read the property summary and financials in supplements. Willow Arms is a 21-unit apartment building on the corner of 9th Street and Willemar Avenue with immediate access to 5th Street and the Courtenay downtown core. The impressive suite mix features fourteen large three-bedroom suites, six two-bedroom suites and one studio suite. Built in 1966, the Willow Arms offers spacious balconies/patios for each suite, on-site parking, tenant lockers, coin-operated laundry, heat and hot water included in the rent, and proximity to shopping, transit infrastructure and other local amenities. Moreover, the building is in a state of excellent repair and modernization thanks to very good property management (upon tenant turnover, suites are renovated and modernized). Try your offer! (id:1945)
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Property details for 1252 9th St, Courtenay
- Type
- Multi-family
- Lot Size
- 0.53
- Heating
- Baseboard heaters, Oil, Hot Water
- Cooling
- None
- Ownership
- Freehold
- Annual Taxes
- $22,238
Nearby Listings Stat
Estimated price and comparable properties near 1252 9th St
Active Listings
99
Min Price
$31,900
Max Price
$6,390,000
Avg Price
$797,797
Days on Market
85
days
Sold Listings
37
Min Sold Price
$250,000
Max Sold Price
$1,790,000
Avg Sold Price
$602,611
Days until Sold
86
days
Neighbourhood Census Data
Courtenay, British Columbia / Colombie-Britannique
Population
608
Median Age
36
Median Income
$27,371
Dwelling Value
$276,196
Housing Tenure
Owners 55%
Renters 45%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.3
Pop. Density: 981.6/km²
Avg Shelter Cost: $1,046/mo
Owners with Mortgage: 69%
Owners Spending 30%+: 32.1%
Tenants Spending 30%+: 43.5%
English only: 89.3%
English and French: 10.7%
Neither: 0.8%
Median Household Income: $49,152
Median Employment Income: $24,896
Price History
Listed
March 10, 2026
by eXp Realty
Current Price
$4,340,000
Type
Multi-family
For Sale
