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$475,000

1406 FOURTH Avenue

Trail · MLS® 10363830

4 bed · 3 bath · 1,280 sq ft · 0 sq ft lot · 0 parking

House · Single Family · built 1934 · 377 days on market

Listed by Hayley Clemans-Gibbon, Fair Realty (Nelson)

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.

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 1,280 sq ft
Lot: 0 sq ft
Parking: 0
Year built: 1934
Property tax: $3,645 / yr
Days on market: 377
MLS®: 10363830

Price per sq ft: $371 vs $256 median for houses in Trail for sale (53)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

On market 377 days

Listed now: 71 days; median for 57 houses for sale; this one 377 days

Houses in Trail. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$2,373/mo

Mortgage $2,070 · Tax $304

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$2,070/ monthly

loan $380,000

25-year amortization

down payment20% · $95,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $240,859
property transfer tax: $7,500; BC general rate
cash to close: $102,500; down + PTT
total paid: $620,859

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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