560 4th St

560 4th St · Courtenay · Triplex · 6 bed · 4 bath · $1,150,000 · MLS 1034903

Courtenay, British Columbia
C$1,150,000
For sale
560 4th St

560 4th St is located in Courtenay. Property snapshot: Triplex, 6 bed, 4 bath, listed at $1,150,000, MLS 1034903. Compare transit, schools, similar supply, strata/carrying costs and resale liquidity—not just photos and asking price. Current DOM/site exposure: -. BurnabyHouse Deal Score: 50/100. Latest recorded list pri

List Price: $1,150,000
MLS: 1034903
Bedrooms: 6
Bathrooms: 4
Interior Size: 3,302 sqft
Days on Market: -
Days on Site: 66
Deal Score: 50/100
Price History: Latest recorded list price 1150000.00

Local Decision Guide

How should buyers evaluate 560 4th St?

Start by reading this listing in its Courtenay context: price, property type, land or strata setup, age, transit, schools, similar supply, carrying costs and resale liquidity should be considered together, not just photos and asking price.

What should be checked before writing an offer?
  • Recent comparable sales, competing active listings, days on market, price changes and current market pace.
  • Property condition, inspection risk, insurance, financing, tax, title and any disclosure documents.
  • For strata homes, review minutes, contingency reserve, special levies, rental rules and pet bylaws.
How do buyers find land with rebuild or multiplex potential, what should they watch, and how can returns be improved?

To find land with this potential, start with zoning, lot size, frontage, lane or driveway access, servicing, trees, slope, basement conditions, BC Assessment, title restrictions and municipal permits. The highest-return plan is usually not simply the maximum unit count; it is the best balance between approval risk, construction cost, rent or resale pricing, floor-plan efficiency, parking and holding period.

What does this page not replace?

It does not replace a realtor, lawyer, inspector, mortgage broker, insurance review, tax advice, strata documents, BC Assessment or municipal records. Use it to form better questions, then verify independently.

Listing FAQ

What is the current list price for 560 4th St?

This page shows a list price of $1,150,000 with MLS 1034903.

What type of home is this Courtenay listing?

The page shows Triplex, 6 bed, 4 bath at 560 4th St. Buyers should still verify strata/land context, interior size, age and inspection findings.

How long has this listing been on the market?

Current records show about - days on market/site. Latest recorded list price 1150000.00.

What does the Deal Score of 50/100 mean?

Deal Score is a BurnabyHouse screening score based on list price, assessment, DOM, strata fees, rent yield and area-average signals. It helps with first-pass screening and does not replace inspection, financing, legal or municipal due diligence.

What should buyers check first on this listing?

Start with price, location, property type, land or strata context, condition, schools/transit, recent comparable sales and carrying costs; if redevelopment or multiplex potential matters, also review zoning, lot size, servicing and municipal rules.

Can AI analysis replace professional advice?

No. AI analysis is for faster context and market screening; final decisions should still rely on a realtor, lawyer, inspection, financing, tax and municipal due diligence.

Remarks

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:56153)

Property Details

Triplex
Building Type
6
Bedrooms
4
Bathrooms
1999
Year Built
27 years
Age
66
Days on Site
3,302 sqft
Interior Size
C$348
Price per Sqft

Transaction: For sale

Status: active

Listing ID: 29745227 (1034903)

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Site Context

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Includes local area, zoning, floodplain, easement, development activity, and city-level site context signals.

Property Summary

Price: C$1,150,000

PID: 000-321-273

Days on Site: 66 days

Added to BurnabyHouse: 2026-05-13

Updated on: 2026-05-13 10:02 AM PDT

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Lot info

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Includes parcel identifiers, size details, and land and approval context.

Schools

No school catchment matches were found for this listing yet.

Nearby Points of Interest

Grocery / Food Access
The Old Farm Market
About 356.8 m away
660 England Avenue
Thrifty Foods
About 940.5 m away
1551 Cliffe Avenue
Shopping Centres
Comox Valley Farmers' Market
About 493.8 m away
Courtenay Crossing
About 1 km away

Price History

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View price changes, listing events, and the full timeline.

BC Assessment

Click the button below to check the government assessment, sales history, and nearby market pricing for this property.
BC Assessment Sales History & Nearby Sales

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Last Updated: Wed, 13 May 2026 08:33:11 AM PDT

Data Provider: Greater Vancouver REALTORS®

Listing Office: eXp Realty (NA)

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