$1,150,000
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560 4Th St, Courtenay, BC V9N1H2

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6 Beds
4 Baths
3,302 Sq Ft

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. (id:58753)

Listing By: Josef Zelko - eXp Realty (NA) cncrea2 Realty.com
  • MLS® 1034903
  • Date Listed05/13/2026
  • Days on Realty 73 Days
  • Bedrooms 6
  • Bathrooms 4 baths
  • Lot Size 5,227 sq. ft
  • Year Built 1999
  • Square Feet 3,302 sq. ft
  • Price Per Sq. Ft $348.27

Interior Features

  • Cooling None, Air Conditioned
  • Heating Heat Pump, Baseboard heaters, Forced air, Electric

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 5,227.00
  • Lot Features Central location, Other

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for V9N1H2

Discover key demographics, population statistics, and environmental insights for the Courtenay, BC area.

Walkability in BC / V9N1H2

Source: Walk Score

82/100

Very Walkable

Walk Score ®

0/100

Minimal Transit

Transit Score ®

72/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 38/100.

Points of Interest near 560 4th St, Courtenay, BC V9N1H2

Frequently Asked Questions for 560 4th St

Source: Realty.com

560 4th St, Courtenay, BC V9N1H2 in Courtenay, BC V9N1H2 is a triplex listed at $1,150,000. Highlights include 6 bedrooms, 4 bathrooms, 3,302 sq. ft., built in 1999, $348 per sq. ft.. Realty.ca has 34 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 34 photos of 560 4th St.

Our records indicate that 560 4th St was built in 1999.

The full address for this home is 560 4th St, Courtenay, BC V9N1H2.

560 4th St has been listed on Realty.com since Wed May 13, 2026

Most errands can be accomplished on foot. It is possible to get on a bus. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 18/100, Transit Score: 0/100, Bike Score: 38/100.

Listing provided courtesy of: eXp Realty (NA)
Listing agent: Josef Zelko

This content last refreshed on 2026-07-25 09:15:38. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.