Name: 1451 Columbia Avenue, Castlegar | MLS® 10351656
SKU: 10351656
Price: 978000.0 CAD
Availability: InStock

$978,000 Sale

Listed 68 days ago

1451 Columbia Avenue

MLS® 10351656 Multi Family

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Beds · 0

Baths · 0.0

Parking · 15

Sqft · 3667

Est. mortgage

$3,710/mo

Key Facts

Key facts for 1451 Columbia Avenue

Property Type

Apartment, Multi-Family

Parking

Garage: No, 15 parking

MLS #

10351656

Size

3667 sqft

Basement

Listed on

Lot size

Tax

Days on Market

Year Built

1979

Maintenance Fee

Description

Available for sale is 1451 Columbia Avenue, located in Castlegar, BC, an exciting 7-unit value-add residential investment opportunity anchored by a long-standing complementary commercial tenant (Sun Life). Featuring 1 x 2-bedroom and 5 x 1-bedroom suites, all of which are paying substantially below ...market rents, the property is extremely well positioned for investors to leverage a stable income base and capitalize on exciting upside through increasing rents to market. Located with prominent exposure and direct access along Columbia Avenue with ample parking for all tenants, the Property sits immediately adjacent to No Frills, Dollarama, Tim Hortons, The Backeddy Pub, and Co-op Gas Bar. The property is centrally located between downtown and uptown, offering easy access to all of Castlegar’s retail, service and entertainment amenities. Public bus transit services are located within 100 metres, and Selkirk College is only a 7-minute drive away, while favourable C2 zoning further offers potential for both commercial or residential redevelopment. The Property’s stunning backyard further offers tenants rare views of the river and surrounding mountains. Castlegar represents one of the most significant growth stories in the BC Interior, with unprecedented construction, investment and new-to-market businesses such as Wendy’s and Anytime Fitness (within ~1km of the Property, respectively), driven by strong demographic fundamentals. Download the brochure at the link below for more info. (id:10452)

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Full Property Details

Interior

Washrooms

0.0

Square Footage

3667 sqft

Heating Source

Electric

Heating Type

Baseboard heaters, Forced air, See remarks

Full Bathrooms

Half Bathrooms

Washrooms

0.0

Square Footage

3667 sqft

Heating Source

Electric

Heating Type

Baseboard heaters, Forced air, See remarks

Full Bathrooms

Half Bathrooms

Exterior

Acreage

0.56 ac|under 1 acre

Waterfront

Waterfront on river

Parking Spaces

Garage Spaces Y/N

Roof Material

Asphalt shingle

Zoning Type

Mixed

Land Amenities

Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping

Acreage

0.56 ac|under 1 acre

Waterfront

Waterfront on river

Parking Spaces

Garage Spaces Y/N

Roof Material

Asphalt shingle

Zoning Type

Mixed

Land Amenities

Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping

Building Description

Style

Multi-Family

Home Type

Apartment

Subtype

Multi Family

Year Built

1979

Exterior

Stucco

Sewers

Municipal sewage system

Water Supply

Municipal water

Style

Multi-Family

Home Type

Apartment

Subtype

Multi Family

Year Built

1979

Exterior

Stucco

Sewers

Municipal sewage system

Water Supply

Municipal water

Community

North Castlegar

Area Code

Castlegar

Community

North Castlegar

Area Code

Castlegar

Jake Sherbinin

Email: [email protected] Cell: 250-608-9499