Courtenay · V9N1P4
$21,492/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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FOR SALE! 1252 9th St 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 composition includes fouteen (14) large three-bedroom units, six (6) two bedroom units and one studio suite. Built in 1966 the Willow Arms Apartments 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. (see photos in the Information Package in supplements). The location is close to downtown but far enough away to offer a quiet residential environment. To learn more about this attractive investment opportunity. call listing agent to receive and discuss Part 1 - Financial Information and the two other information packages.
1966
Year built
Multi-family
Type
Courtenay City
Area
Listed
March 10, 2026
Nearby & Commute
18 min
walk to The Old Farm Market
6 min
bike to nearest SkyTrain station
21 min
walk to nearest SkyTrain station
5h 45m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 28%
| Detached | 36 | 27.9% |
| Townhouse | 32 | 24.8% |
| Condo / Apartment | 29 | 22.5% |
| Duplex | 16 | 12.4% |
| Land | 5 | 3.9% |
| Other | 11 | 8.5% |
| $15,000 to $19,999 | 15 | 5.8% |
| $20,000 to $24,999 | 25 | 9.6% |
| $25,000 to $29,999 | 10 | 3.8% |
| $30,000 to $34,999 | 10 | 3.8% |
| $35,000 to $39,999 | 10 | 3.8% |
| $40,000 to $44,999 | 10 | 3.8% |
| $45,000 to $49,999 | 15 | 5.8% |
| $50,000 to $59,999 | 25 | 9.6% |
| $60,000 to $69,999 | 25 | 9.6% |
| $70,000 to $79,999 | 30 | 11.5% |
| $80,000 to $89,999 | 15 | 5.8% |
| $90,000 to $99,999 | 15 | 5.8% |
| $100,000 to $124,999 | 25 | 9.6% |
| $125,000 to $149,999 | 15 | 5.8% |
| $150,000 to $199,999 | 10 | 3.8% |
| $200,000 and over | 5 | 1.9% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$21,492
Principal and interest
Calculated estimate
$20,075
Property tax
Calculated estimate
$1,267/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$4,340,000
Down payment
Calculated estimate
$868,000 (20%)
Estimated mortgage
Calculated estimate
$3,472,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$21,492
/mo
Rate
%
Amortization
Principal and interest
$20,075
Property tax (est.)
$1,267
P&I
Tax
Down payment
$868,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $868,000 down (20%) on $4,340,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Daily mean across the year.
On the drier side for BC.
Expect real winters.
Hours of sun a year, 1981–2010 average.
Averaged from the last ten complete years of Environment Canada observations at the nearest principal station, so it reflects the climate as it is now rather than a thirty year normal. Bright sunshine is the exception: it is no longer measured at these stations, so that figure is the long term average.
At 5.1531 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
