For Sale: 1300 2nd Avenue, Valemount, BC - REW
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$1,000,000
0 bd • ba • 4862 sf • Multifamily
1300 2nd Avenue
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$1,000,000
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1300 2nd AvenueValemount, BC, V0E 2Z0

  • 0 Bed
  • Bath
  • 4862 Sqft
  • Multifamily

About this home

Rare waterfront investment opportunity in the heart of the Rockies-Valemount BC! Cap rate of 10.21% is based on the four-year (2021–2024) average adjusted NOI. This 1-acre waterfront property sits directly on the bank of Swift Creek, where the Chinook salmon return to spawn each year. The property features 13 short term accommodation units: 7 double units and 6 single units. Recent upgrades include: new roof, all new siding and windows, fresh flooring in many units, low maintenance landscaping for standout curb appeal. Valemount is quickly becoming a premier year-round tourist destination. Just 25 minutes from Mount Robson, the area attracts thousands of visitors annually for hiking, mountain biking and sledding. With tourism growing year over year, now is the perfect time to invest in this thriving market. Seize this one-of-a-kind opportunity and do not miss your chance to own this unique waterfront investment property! (id:63626)
Listed by: Sherri Malone, Royal LePage Downtown Realty

Home facts and features

Price details
List Price
$1,000,000
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Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Visitor Parking
Property Type
Multifamily
Lot Size
1.04 acres
Depth
Year Built
Built in 1964 (62 yrs old)
Features
Street Lighting
Agent details
Primary Agent
Primary Broker
Royal LePage Downtown Realty
Listing details
Days on REW
281 Days
Property Views
197
MLS® Number
C8071759
Source
Canadian Real Estate Association
Board
BC Northern Real Estate Board
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Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Valemount Elementary School
  • Public
  • K - 7
Valemount Secondary School
  • Public
  • 8 - 12
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Call Agent
Sherri Malone
Phone:
(250) 566-1022
Office:
250-545-5371
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