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CABCCastlegar1451 Columbia Ave
1451 Columbia Ave, Home with 0 bedrooms, 0 bathrooms and 15 parking in Castlegar BC | Image 1
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$978,000
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1451 Columbia Ave, Castlegar, BC

Real Estate

For Sale

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0015
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 3667 sqft
Garage No
Taxes $6,301
Days Active 4
Lot Size 
Approx. Age 1979
Avg. Price Per Sqft $266
MLS® Number 10351656

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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:58753)Show Description
MLS® Number10351656
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age1979
Basement
Driveway
Garage Spaces
HeatBaseboard heaters, Forced air, Electric, See remarks
A/C
Heating Fuel

Extras

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