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Renanza Realty
For sale

663 COLUMBIA Avenue

Castlegar, British Columbia

MLS® 10392481

$1,890,000

Status
Active
Property type
Multi-family
MLS® number
10392481
Bedrooms
Bathrooms
Year built
1991

Listing description

Exceptional Investment Opportunity! This value-packed combination of residential and commercial real estate offers stable returns of consistent revenue with strong potential for increased revenue over time. A modern, well maintained commercial structure, occupied by an established professional services tenant includes a flexible bachelor style residential space and is complimented by a detached residential building featuring 5 self-contained two bedroom rancher-style appartments.

Each residential unit includes private outdoor yard spaces and an on-site parking lot serves the needs of both the residential and commercial tenants. Excellent commercial access to Columbia Avenue's service/commercial corridor is complimented by a peaceful setting accessible from 11th Avenue to the property's rear yelding an ideal mix of business exposure and residential enjoyment. The residential rental units are highly sought-after attracting longe term mature tenants seeking single level living in a peaceful locale with the convenience of shopping, services, parks, schools, public transit and more being just steps away.

Storage units and shared coin-op laundry have been provided and the grounds are auto-irrigated for easy maintenance. Take the time to explore all that is included in this remarkable and unique offering in the growing community of Castlegar!

Property summary

MLS® number
10392481
Property type
Multi-family
Building type
Multi-Family
Title
Freehold
Land size
0.52 acres
Built in
1991
Annual property taxes
$16,094.52
Days on market
66 days

Features & details

Heating
Baseboard heaters, Forced air, Electric, See remarks
Cooling
Central air conditioning
Exterior features
Stucco
Lot features
Private setting, Corner Site
View
Mountain view

What would this home cost you?

Based on the $1,890,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$8,794 /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.