1406 FOURTH Avenue
Trail, BC V1R1S5
$475,000
Property Details
Property & Lot
- Sub-type
- Fourplex
- Stories
- 1
- Lot size
- 0.08 acres
Ownership & Fees
- Property type
- Fourplex
- Ownership
- Freehold
- Annual property tax
- $3,645
Interior
- Heating
- Baseboard heaters, Electric
- Fireplace
- None
- Flooring
- Laminate
Exterior & Lot
- Exterior features
- Metal
Parking
- Features
- Street
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Primary Bedroom | Main level | 8'0'' x 8'0'' |
| Kitchen | Main level | 8'0'' x 8'0'' |
| Living room | Main level | 14'5'' x 8'11'' |
| Kitchen | Main level | 8'0'' x 8'0'' |
| Primary Bedroom | Main level | 8'0'' x 8'0'' |
| Full bathroom | Main level | 4'0'' x 7'0'' |
| Living room | Main level | 14'5'' x 8'11'' |
| Kitchen | Main level | 8'0'' x 8'0'' |
| Living room | Main level | 14'5'' x 8'11'' |
| Primary Bedroom | Main level | 8'0'' x 8'0'' |
| Full bathroom | Main level | 4'0'' x 7'0'' |
| Kitchen | Main level | 8'0'' x 8'0'' |
| Primary Bedroom | Main level | 8'0'' x 8'0'' |
| Full bathroom | Main level | 4'0'' x 7'0'' |
| Living room | Main level | 14'5'' x 8'11'' |
Listing Information
- MLS®
- 10363830
- Listed
- September 24, 2025
- Time on market
- On the market for 341 days
- Data last synced
- August 28, 2026
Listing provided by: Fair Realty (Nelson) · Data source: CREA DDF.
Description
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:63159)
Values & Trends
This listing
$371/sqft
Building average
—
No other active listings in this building
Trail average
$271/sqft
4 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
15°C
—
Humidity 64%
Wind WNW 5 km/h
Tonight
10°
Tuesday
27°
Tuesday night
13°
Wednesday
20°
Wednesday night
12°
Thursday
18°
Source: Environment and Climate Change Canada.
Population
7,920
(2021 Census)
+2.7% since 2016
Density: 226.9/km²
Dwellings: 3,973
Median household income: $68,000
After-tax: $61,600
Immigrant population: 9.2%
Top countries of origin (% of total population)
- United Kingdom1.8% · 145
- United States of America1.2% · 95
- Italy1.2% · 95
- India0.8% · 60
- Philippines0.6% · 50
- Germany0.5% · 40
- China0.4% · 30
- Hungary0.2% · 15
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
22
6/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| St Michael's Elementary(Independent) | Elementary | 144 m |
| J Lloyd Crowe Secondary | Elementary | 391 m |
| Kootenay Columbia Secondary | Secondary | 577 m |
| Glenmerry Elementary | Elementary | 2.8 km |
| James L Webster Elementary | Elementary | 3.2 km |
| des Sept-sommets | Elementary/Middle | 7.3 km |
| Rossland Summit School | Elementary/Middle | 7.5 km |
| Fruitvale Elementary | Elementary | 11.5 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (4)
- J & V Restaurant635 m
- Double Happiness · 1420 Bay Avenue697 m
- Colander751 m
- The Colander · 1475 Cedar Avenue761 m
Cafes (3)
- Bridgeview Cafe572 m
- Caffe Americano679 m
- Trail Coffee & Tea Co. · 1369 Cedar Avenue741 m
Grocery (1)
- Ferraro Foods775 m
Parks (3)
- Jubilee Park655 m
- Rotary Park753 m
- Gyro Park794 m
Gyms (1)
- Kootenay Sol Yoga · 1395 Cedar Avenue742 m
Banks & ATMs (1)
- CIBC685 m
Nearby places data: © OpenStreetMap contributors.
School district: Kootenay-Columbia (SD20)
Similar Listings Nearby
No similar listings found nearby right now.
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($23,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.