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Listed price in listed location currency (CAD).
$1,150,000

646

MLS® 1034903

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential
Size 3302 sqft
Garage 
Taxes $7,473
Days Active 0
Lot Size 
Approx. Age 1999
Avg. Price Per Sqft $348
MLS® Number 1034903

Property Address: 560 4th St, Courtenay, BC, V9N1H2

Average square foot calculated using Size range provided by listing agent.

Description

PRIME INVESTMENT OPPORTUNITY! Turn-key downtown Courtenay triplex generating $81, 000 annual gross income with strong tenant history and minimal ongoing maintenance. Excellent cap rate with upside, based on anticipated lower property taxes. Fully permitted renovations with significant capital improvements including a brand new roof (2024) and newly constructed 3 bed/2 bath unit (2025) with heat pump and modern finishes. All three units offer in-suite laundry and are separately metered. Property is fully tenanted with large paved parking area, laneway access, and excellent walkability to shops, services, and transit. A stabilized asset with reliable income and future upside through rent optimization and expense reduction. A strong fit for investors focused on dependable cash flow with the ability to optimize returns over time. Attractive to both local and out-of-area buyers looking for a well-positioned asset in a high-demand rental market. Also perfect for multi-generational living.
MLS® Number1034903
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1999
BasementNone
DrivewayAdditional Parking, Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 13, 2026List Date
$1,150,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
560 4Th St, Courtenay, BC

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