2024 Annual Report

Construction activity Construction activity over the past year has slowed, with 160 residential units approved for construction. However, the number of residential units ready for occupancy reached 625, the highest it has been in the past five years. The number of residential units ready for occupancy varies depending on the type of construction and project timelines. Over the past five years, Courtenay has averaged 422 completed residential units per year.

Courtenay’s number of residential units is high compared to the Regional Growth Strategy target of approximately 500 units for the entire Comox Valley. This reflects faster-than-expected population growth, with an average annual rate of 2.1 per cent from 2011 to 2021.

2020

2021

2022

2023

2024

Subdivision lots approved

83

95

18

72

23

Total residential units issued * larger number in 2023 is based on a greater number of multi-residential permits issued

343

336

143

738*

160

Building inspections completed

3,537

4,635

3,610

2,372

1,613

Net new housing units by year

2020

2021

2022

2023

2024

Annual average

Single detached

96

121

76

55

41

73

Attached secondary

14

30

10

15

14

17

Detached secondary

0

4

4

8 4

1

4

Duplex/semi detached

10 26

14 27

12 47

22 56

13 41

Townhouse

34 64

Apartment

145 291

247 443

289* 438*

491 625

273 395

Total

180

* excludes 126 care home and hospice units

Ryan Road, Courtenay

City of Courtenay | 2024 Annual Report

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