5018 Spence Rd

5018 Spence Rd · Courtenay · House · 3 bed · 3 bath · $1,349,900 · MLS 1031394

Courtenay, British Columbia
C$1,349,900
For sale
5018 Spence Rd

5018 Spence Rd is located in Courtenay. Property snapshot: House, 3 bed, 3 bath, listed at $1,349,900, MLS 1031394. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list p

List Price: $1,349,900
MLS: 1031394
Bedrooms: 3
Bathrooms: 3
Interior Size: 2,708 sqft
Days on Market: -
Days on Site: 90
Deal Score: 50/100
Price History: Latest recorded list price 1349900.00; 1 price change(s) on file

Local Decision Guide

How should buyers evaluate 5018 Spence Rd?

Start by reading this listing in its Courtenay context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 5018 Spence Rd?

This page shows a list price of $1,349,900 with MLS 1031394.

What type of home is this Courtenay listing?

The page shows House, 3 bed, 3 bath at 5018 Spence Rd. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1349900.00; 1 price change(s) on file.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

Rare walk-on waterfront opportunity offering 60 ft of frontage on a beautiful east-facing shoreline. Set on a gently sloping 0.34-acre lot, this property enjoys stunning views of Baynes Sound looking out to Sandy Island and the Coastal Mountains. With direct beach access, and a beach front deck to take in the most amazing sunrises, you can launch your kayak, swim, or explore the shoreline and take full advantage of the waterfront lifestyle. Built in 1989, this two-level walkout home offers approximately 2700 sqft with a functional layout featuring three bedrooms and three bathrooms. The main level includes hardwood floors, a large partially covered deck, and plenty of windows to take in the ocean views. Much of the home retains its original character and components, presenting a terrific opportunity for someone to update and make it their own. Complete with a double garage, this is a special waterfront property and offers exceptional potential. For more information, please contact Christiaan Horsfall at 250-702-7150. (id:56153)

Property Details

House
Building Type
3
Bedrooms
3
Bathrooms
1989
Year Built
37 years
Age
90
Days on Site
14,810 sf
Lot Area
2,708 sqft
Interior Size
C$498
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29578636 (1031394)

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Site Context

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Property Summary

Price: C$1,349,900

Lot Area: 14,810 sf

PID: 005-756-626

Days on Site: 90 days

Added to Relistico: 2026-04-09

Updated on: 2026-06-30 03:02 PM PDT

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Lot info

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Schools

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Price History

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BC Assessment

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BC Assessment Sales History & Nearby Sales

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Last Updated: Tue, 30 Jun 2026 02:42:39 PM PDT

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