4638/4628 Forbidden Plateau Rd
Courtenay, BC V9J1R3
$1,519,000
Property Details
Property & Lot
- Sub-type
- House
- Lot size
- 1.77 acres
- Zoning
- Unknown
RU-20
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $4,157
Interior
- Heating
- Heat Pump, Baseboard heaters
- Cooling / A/C
- Air Conditioned
- Fireplace
- Yes (1)
Parking
- Total spaces
- 4
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Workshop | Other | 29'2 x 19'3 |
| Utility room | Other | 11'6 x 9'5 |
| Bathroom | Additional Accommodation | 4'11 x 9'2 |
| Primary Bedroom | Additional Accommodation | 15'2 x 12'10 |
| Bathroom | Additional Accommodation | 4'11 x 9'2 |
| Bedroom | Additional Accommodation | 11'2 x 9'2 |
| Living room | Additional Accommodation | 11'10 |
| Kitchen | Additional Accommodation | 13'10 x 12'10 |
| Entrance | Other | 8'2 x 5'3 |
| Bedroom | Main level | 9'10 x 12'8 |
| Bathroom | Main level | 4'11 |
| Bedroom | Main level | 9'3 |
| Laundry room | Main level | 6'5 |
| Ensuite | Main level | 4'11 |
| Primary Bedroom | Main level | 9'10 x 12'8 |
| Living room | Main level | 21'2 x 12'9 |
| Dining room | Main level | 18'2 x 112'9 |
| Kitchen | Main level | 18'2 x 12'8 |
| Entrance | Main level | 8'10 x 13'3 |
Listing Information
- MLS®
- 1032844
- Listed
- April 28, 2026
- Time on market
- On the market for 126 days
- Data last synced
- August 28, 2026
Listing provided by: Engel & Volkers Vancouver Island North · Data source: CREA DDF.
Description
Two Homes. One Property. Endless Uses. Set on 1.77 private, fully fenced, forested acres just 100 meters from the Nymph Falls Nature Park trailhead, this 2023-built dual-residence blends modern design, zero-carbon living, and income potential. The MAIN HOME offers 3 beds, 2 baths, open-concept living, oversized European-style windows framing the surrounding trees, and a substantial cedar deck for indoor-outdoor living. The fully private and separate 2 bed, 2 bath SECOND HOME-set well back from the main home with no sight lines between the two-is a turnkey Top 5% luxury Airbnb generating ~$90K annual revenue, ideal for income, guests, or extended stays. Steel-frame construction, all-electric systems, and heat pumps, with 2 EV charging stations, battery backup, and a 600 sq ft heated workshop/garage add long-term value. Cumberland, Mount Washington Alpine Resort, and Saratoga Beach all within easy reach. A rare opportunity to live, host, and invest in a prime recreational setting. (id:63159)
Values & Trends
This listing
$596/sqft
Building average
—
No other active listings in this building
Courtenay West average
$559/sqft
8 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
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
| School | Type | Distance |
|---|---|---|
| Arden Elementary | Elementary | 5.0 km |
| Ecole Puntledge Park Elementary | Elementary | 6.0 km |
| Lake Trail Community | Middle | 6.2 km |
| Cumberland Community School | Elementary/Middle | 6.9 km |
| Courtenay Elementary | Elementary | 7.0 km |
| Nala'atsi Alternate Program | Secondary | 7.2 km |
| Georges P. Vanier Secondary | Secondary | 7.8 km |
| Glacier View Secondary Centre | K-12 | 8.8 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)
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Mortgage & Ownership Cost Calculator
Minimum required: 20.0% ($303,800) — 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.