$749,900
A 1051 4th St
Beds
3
Baths
3
Sqft
—
Year
2026
About this home
This premier fourplex townhouse complex is tucked in the quiet residential heart of West Orchard, just a short walk to Downtown Courtenay, Puntledge Elementary School, and swimming at the Puntledge River. The Scandinavian-inspired design blends seamlessly into this established family friendly neighbourhood of single family homes, with each of the 4 units offering privacy and modern comfort. Top quality features throughout include stainless steel Smeg appliances with an induction stove, quartz counters, durable laminate and tile floors, 9' ceilings, heat pump, and HardiBoard siding on the exterior, all built to Step 3 energy efficiency and solar panel ready. The oversized windows capture some mountain views and illuminate the living areas. The 600 sq ft crawl space with 5'11'' height, accessed by interior stairs, feels more like a basement - great for bike storage or a workshop. Topping off this package is superior sound proofing and solid core interior doors throughout. Take advantage of this pre-sale opportunity to own one of the premier units in the fourplex and even choose your colour scheme. GST applies, unless qualifying for an exemption as a first time buyer. Custom crafted by local and reputable Perspective Design Build. Explore each unit's unique features and learn more at https://courtenayorchardheights.ca. (id:65958)
- Subtype
- Single Family
- MLS#
- 1031106
- Area
- COURTENAY
Cash on cash
-11.83%
Cap rate
3.52%
GRM
16.7
Break-even rent
$5,307
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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
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.