Skip to content
Renanza Realty
For sale

4820 LAZELLE AVENUE

Terrace, British Columbia

MLS® C8078235

$1,500,000

Status
Active
Property type
Multi-family
MLS® number
C8078235
Bedrooms
Bathrooms
Year built
1996

Listing description

Exceptional investment opportunity in one of Northern BC’s most stable rental markets. This well-maintained 7-unit apartment building features seven spacious 2-bedroom, 1-bathroom suites with strong in-place income and consistent tenant demand. This property delivers immediate cash flow with long-term upside.

Centrally located in the heart of Terrace, tenants benefit from walkable access to shopping, dining, schools, and key amenities. Fully serviced with municipal water, sewer, hydro, and telecommunications, and protected by the local fire department. Low owner expenses and clear potential for rental growth make this an ideal addition to any investment portfolio.

Property summary

MLS® number
C8078235
Property type
Multi-family
Square footage
10,296 sq ft
Land size
0.24 acres
Built in
1996
Days on market
126 days

What would this home cost you?

Based on the $1,500,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$6,979 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Aspire Realty (Terr), Terrace.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.