Vancouver Island Foreclosure Homes for Sale Listings

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1175 Willemar Ave

Courtenay City Courtenay V9N 3N1

$399,000

Single Family beds: 3 baths: 0.0 1,062 sq. ft. built: 1976

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• Details
• Photos
• Map

Status:

Active

Prop. Type:

Single Family

MLS® Num:

1021849

Bedrooms:

3

Year Built:

1976

• Photos (20)

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Conduct of Sale - Multi-unit opportunity on Willemar Ave! This property is zoned Residential Small Scale Multi Unit which provides potential for a single family home, duplex, or Townhomes on City approval. The current home is a 1981 rancher with a detached garage. Please contact your Realtor for more information and to book a showing. (id:2493)

General Info:

Property Type:

Single Family

Common Interest:

Freehold

Total Living Area:

1,062 sq. ft.98.7 m2

Finished Area Above Grade:

905 sq. ft.84.1 m2

Zoning:

Residential, R-SSMUH

Taxes:

$4,355 / -

Amenities:

Community:

Courtenay City

Building:

Structure Type:

House

Bedrooms:

3

Bathrooms:

0.0

Cooling:

None

Fireplace:

No

Heating:

Baseboard heaters, Electric

Land:

Lot Size:

6,534 sq. ft.607 m2

Lot Details:

6534

Parking Spaces:

Total Parking Spaces:

4

Room Information:

Floor

Type

Size

Other

Main level

Primary Bedroom

12'3.66 m × 00

11'4

Main level

Living room

19'11"6.07 m × 15'3"4.65 m

-

Main level

Other

12'3.66 m × 00

7'10

Main level

Other

9'5"2.87 m × 6'9"2.06 m

-

Main level

Dining room

10'1"3.07 m × 6'9"2.06 m

-

Main level

Bedroom

9'6"2.90 m × 9'4"2.84 m

-

Main level

Bedroom

9'5"2.87 m × 8'4"2.54 m

-

Main level

Other

9'2.74 m × 5'1.52 m

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Listed by RE/MAX Check Realty

Data was last updated January 11, 2026 at 12:15 PM (UTC)

Area Statistics

Listings on market:

84

Avg list price:

$719,900

Min list price:

$38,000

Max list price:

$2,190,000

Avg days on market:

80

Min days on market:

2

Max days on market:

365

Avg price per sq.ft.:

$429.53

These statistics are generated based on the current listing's property type and located in Courtenay City. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• Sam Huang
• RE/MAX Select Properties
• 1 (778) 991-0649
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About Foreclosure listings

There are many names for a Foreclosure home. Many people call it foreclosed home, foreclosure home, bank repossessed house, or Court Ordered Sale. They mean the same thing. So what exactly does foreclosure mean?

In its simplest meaning, the word foreclosure means to deprive a borrower (in default) of the right to redeem the mortgaged property. In a way, it’s like a divorce proceeding – the borrower and lender under a mortgage go their separate way.

Foreclosure home sale is very different from a regular home sale. If you need an experienced Vancouver Realtor to guide you through the process, please let me know.

What is the process of Foreclosure in BC Canada?

See below simplified steps in a Foreclosure proceeding to find out how foreclosure works in BC.

1. Demand letter. 
2. Petition. 
3. Order Nisi. 
4. Judicial Sale. 
5. Order Made After Application.

To see the detailed steps in a foreclosure proceeding. Please let me know.

Please note that this blog is for information only. Buyers & Sellers are advised to obtain independent legal advice before buying or selling a real estate property.

Here’s a simple guide on how to buy a Foreclosure Home in BC

1. Search Foreclosure Listings BC
2. Find a Realtor to write an offer.
3. Review the Schedule A with the Realtor. Schedule A contains clauses that specifically protect the lender. The buyers must be aware that they are accepting the property “as is” and must sign this schedule to have their offer accepted by the lender.
4. Acceptance of the offer. The offer may have conditions precedent, and it is advisable that the offer is left open for acceptance for a period of two or three days.
5. The hearing of the application for order approving the sale.
6. Completion of the sale.

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