Property Type: Detached HouseOwnership: Freehold

4010 FORBIDDEN PLATEAU Rd

Courtenay, BC V9J1P9

$2,999,999

6 bed5 bath5 parking3,490 sqftBuilt 1981
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Property Details

Property & Lot

Sub-type
House
Lot size
1.7 acres
Zoning
Unknown

RU-8

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$6,009.79

Interior

Heating
Baseboard heaters, Electric, Wood
Cooling / A/C
None
Fireplace
Yes (2)

Exterior & Lot

View
River view, View
Waterfront
Waterfront on river

Parking

Total spaces
5

Room Dimensions

RoomLevelDimensions
BathroomOther2-Piece
StudioOther18'4 x 22'1
EnsuiteMain level3-Piece
BathroomMain level4-Piece
BathroomLower level1-Piece
BathroomLower level3-Piece
Primary BedroomMain level14'8 x 14'10
BedroomMain level11'11
BedroomMain level11'11
PantryMain level5'6 x 6'5
KitchenMain level11'11 x 14'1
Living roomMain level23'6
Dining roomMain level14'4
OtherLower level11'2 x 13'9
BedroomLower level10'3 x 11'2
Family roomLower level11'2 x 23'9
StudioLower level21'7
BedroomLower level15'5
BedroomLower level11'8 x 14'10
EntranceLower level7'6 x 11'8
StudioOther9'4 x 16'6
StudioOther11'6 x 19'9

Listing Information

MLS®
1033913
Listed
April 30, 2026
Time on market
On the market for 124 days
Data last synced
August 28, 2026

Listing provided by: Advanced Property Management & Real Estate · Data source: CREA DDF.

Description

Set on 1.70 acres along the Browns River, this rare riverfront property offers a unique blend of natural beauty and flexibility in the sought-after Forbidden Plateau. With a private beach, swimming hole, and direct river access, the setting is ideal for both relaxation and recreation, surrounded by mature trees, established landscaping, and peaceful wooded areas that create true privacy. The property is designed for versatility, featuring multiple independent living spaces suited to multi-generational living or executive retreat use. A large workshop, detached studio spaces, and serviced outbuildings provide options for home-based business, creative use, or expansion. With expansive outdoor areas and infrastructure already in place, this is a property that supports both lifestyle and long-term potential. (id:63159)

Values & Trends

This listing

$860/sqft

Building average

No other active listings in this building

Courtenay North average

$675/sqft

19 active listing(s)

Parking: 5 stall(s) includedStorage locker: Not indicated

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

Mostly Cloudy

16°C

Mostly Cloudy

Humidity 72%

Wind W 4 km/h

Tonight

13°

Tuesday

20°

Tuesday night

16°

Wednesday

16°

Wednesday night

11°

Thursday

17°

Source: Environment and Climate Change Canada.

Population

28,420

(2021 Census)

+10.8% since 2016

Density: 876.6/km²

Dwellings: 13,414

Median household income: $72,000

After-tax: $65,500

Immigrant population: 13.6%

Top countries of origin (% of total population)

  • United Kingdom3.9% · 1,105
  • United States of America1.3% · 370
  • Germany1.1% · 300
  • Philippines1% · 290
  • Viet Nam0.6% · 160
  • India0.5% · 130
  • Korea, South0.4% · 110
  • Netherlands0.4% · 100

Source: Statistics Canada, 2021 Census of Population.

Nearby Schools

SchoolTypeDistance
Arden ElementaryElementary3.9 km
Ecole Puntledge Park ElementaryElementary4.0 km
Lake Trail CommunityMiddle4.4 km
Georges P. Vanier SecondarySecondary4.9 km
Courtenay ElementaryElementary5.2 km
Nala'atsi Alternate ProgramSecondary5.4 km
Glacier View Secondary CentreK-126.3 km
Queneesh ElementaryElementary7.2 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.

School district: Comox Valley (SD71)

Similar Listings Nearby

Similar active properties nearby based on property type, price, and size.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($600,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$2,399,999.00
Periodic payment — Principal & Interest (monthly)$15,483.98
Additional monthly expenses (strata, tax, utilities, etc.)$675.82
Total monthly cost$16,159.79
Interest paid over 5-yr term$687,846.61
Balance at end of term$2,158,806.86

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$600,000
Stress test qualifying rate8.09%
Payment you must qualify for$18,455.15

Cash Needed at Closing

Minimum down payment$600,000
Estimated BC PTT$68,000
Legal / closing costs (typical estimate)$1,500
Total cash needed$669,500

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.

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