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Renanza Realty
For sale

525 11TH Avenue

Castlegar, British Columbia

MLS® 10375048

$1,050,000

Status
Active
Property type
Multi-family
MLS® number
10375048
Bedrooms
Bathrooms
Year built
1961

Listing description

Opportunity Knocks..... in the form of this solid, well-maintained 6-plex located in a lovely elevated setting enjoynig panoramic mountain and valley views, excellenet sun-exposure and a stategically convenient location in popular Downtown Castlegar just steps from schools, parks, shopping, public transit and more! The building is in wonderful condition having received quality updates over the years to many of its interior finishes revealing an obvious pride of ownership.

Tenants have generally been long term and vacancy has been at an absolute minimum under the current owner's watch. Four of the units feature generous, open concept two bedroom layouts with covered sun-decks while the other two are bright, well-sized one bedroom layouts. The building includes a coin-op laundry, tenant storage lockers, an owner's workshop, bright interior common hallways, well landscaped grounds, abundant parking, strong curb appeal and rear alley access.

This is an attractive opportunity for real-estate investors to earn a solid return at an affordable price on a building that offers attainable conveniently located housing for those seeking rental accommodations in the Crossroads of the Kootenays!

Property summary

MLS® number
10375048
Property type
Multi-family
Building type
Multi-Family
Title
Freehold
Land size
0.23 acres
Built in
1961
Annual property taxes
$3,706.71
Days on market
222 days

Features & details

Heating
Baseboard heaters
Flooring
Tile, Laminate, Linoleum
Exterior features
Wood, Stucco
Lot features
Level lot

What would this home cost you?

Based on the $1,050,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,885 /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 eXp Realty, Castlegar.

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.