National Defence Buys $19M Courtenay Apartment Building for Military Housing
National Defence buys $19M B.C. apartment building

The Department of National Defence has expanded its housing portfolio in British Columbia with a significant real estate purchase on Vancouver Island. The federal government has acquired an apartment building in Courtenay for $19 million, a move aimed at addressing housing needs for military members and their families.

Property Details and Management Plan

The newly purchased property is located at 574 Cumberland Road in Courtenay, B.C.. This strategic acquisition will be jointly managed by CFB Comox and the Canadian Forces Housing Agency (CFHA). The partnership is designed to ensure the building is effectively maintained and allocated to serve the local military community.

This purchase represents a continued investment by the federal government in providing stable, quality housing for Canadian Armed Forces personnel. The transaction was finalized and publicly reported on December 17, 2025.

Addressing Housing Needs for Military Families

The acquisition of the Courtenay apartment building is part of a broader effort to support military members stationed in areas with competitive or limited housing markets. Vancouver Island, known for its high real estate costs, presents unique challenges for personnel who are frequently required to relocate.

By adding this property to its inventory, National Defence aims to offer more predictable and affordable housing options. This helps alleviate one of the significant stressors associated with military service, contributing to the overall well-being and retention of skilled personnel.

Context and Broader Implications

This $19 million investment in Courtenay underscores the government's commitment to the welfare of its armed forces. Providing adequate housing is not only a practical necessity but also a key component of military readiness and family support.

The joint management model between CFB Comox and the CFHA leverages local base expertise with the national agency's specialized housing management experience. This collaboration is expected to ensure the property is well-integrated into the community and meets the specific needs of its residents effectively.

As housing affordability remains a critical issue across Canada, particularly in British Columbia, this purchase highlights one way the federal government is working to support its employees in high-cost regions.