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Investment signal

$615,000

461 Coal Harbour Rd

Save this home

Beds

2

Baths

1

Sqft

5,026

Year

1970

Type

Other

Suite

Investment signal

Location nearby

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

About this home

CALLING all INVESTORS or homeowners looking for their own INCOME property. This multi-family property is located in picturesque Coal Harbour, just 15 mins from Port Hardy.  This 6-plex features four spacious & bright 2 bd | 1 bath units & two 3bd | 1 bath units, each equipped with their own laundry and separate hydro meters. Now fully occupied. Photos & measurements are of unit B2 (2 bd unit) which was updated with new paint & flooring throughout prior to being rented. Call today for further info! (id:65958)

Subtype
Other
Structure
Other
Community
Port Hardy
Common interest
Freehold
Living area
5,026 square feet
Lot size
12,197 square feet
Lot dimensions
12197
Parking
6 total
On market
Jun 18, 2025
Status changed
Apr 16, 2026
Annual tax
$2,810.96
Zoning
Multi-Family
Photos
17
MLS#
1003505
Area
COAL_HARBOUR

Features and systems

Parking

Open

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersElectric

Cooling

None
Negative cash flow ~$702/mo at these assumptions

Cash on cash

-6.85%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,814

Financing

Down payment$123,000
Loan amount$492,000
Mortgage$2,493/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$282
Insurance$80
Maintenance$513
CapEx reserve$256
Vacancy loss$154

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 $2,493/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 16, 2026.

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