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Investment signal

$475,000

1406 FOURTH Avenue

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Beds

Baths

Sqft

—

Year

1934

Type

Single Family

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Trail. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Seize the opportunity to own a fully renovated, income-generating fourplex in the heart of Trail, BC. With four self-contained 1 bedroom units, this property is perfect for the savvy investor looking for a low-maintenance, high-potential addition to their portfolio. Situated on a manageable 0.08 acre lot, this 1,280 sq ft building has been thoughtfully updated throughout, offering clean, modern interiors that attract quality tenants. Located just minutes from downtown Trail and close to transit, shopping, schools and recreational amenities, this property benefits from strong rental demand in the area. With all units currently occupied, you'll enjoy immediate cash flow from day one. (id:65958)

Subtype: Single Family
Structure: Fourplex
Community: Trail
Common interest: Freehold
Living area: 1,280 square feet
Lot size: 0.08 acres
Lot dimensions: 0.08
Stories: 1
On market: Sep 24, 2025
Status changed: Apr 13, 2026
Annual tax: $3,645
Photos: 21
MLS#: 10363830
Area: TRAIL

Features and systems

Parking

Street

Heating

Baseboard heatersElectric

Exterior

Metal

Flooring

Laminate

Negative cash flow ~$62/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-0.78%

Cap rate

4.71%

GRM

13.6

Break-even rent

$2,965

Financing

Down payment$95,000

Loan amount$380,000

Mortgage$1,925/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$218

Insurance$80

Maintenance$396

CapEx reserve$198

Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $1,925/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.