No photos available
Investment signal

$900,000

4644 Macintyre Ave

Beds

4

Baths

3

Sqft

Year

1977

About this home

Beautifully renovated 5-bed, 3-bath home on a 0.2-acre lot with a fully legal 1-bed suite—perfect as a mortgage helper or investment opportunity. Located in a quiet, family-friendly neighbourhood close to schools, college, recreation, trails, and shopping. Bright, modern interior with mountain views and quality finishes throughout. Features two high-end kitchens with premium cabinetry, durable flooring, and solid-core doors. Extensive exterior upgrades include new windows, doors, siding, gutters, and updated perimeter drainage. The self-contained suite offers a private entrance, walk-in closet, soaker tub, in-suite laundry, and its own hot water tank. Additional upgrades include a new 200-amp service with separate sub-panel. Plenty of off-street parking plus RV space. Videography on Virtual Tour Tab. For an easy showing contact Robert Nixon 250-287-6200. (id:65958)

Subtype
Single Family
Lot size
8,712 square feet
MLS#
1031601
Area
COURTENAY
Negative cash flow ~$1,760/mo at these assumptions

Cash on cash

-11.73%

Cap rate

3.54%

GRM

16.7

Break-even rent

$6,352

Financing

Down payment$180,000
Loan amount$720,000
Mortgage$4,417/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$413
Insurance$80
Maintenance$750
CapEx reserve$375
Vacancy loss$225

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

Estimated $4,417/mo at 5.49% with 20% down, 25-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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