For Sale: 1451 Columbia Avenue, Castlegar, BC - REW
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$949,900
0 bd • 0 ba • 3667 sf • Multifamily
1451 Columbia Avenue
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$949,900
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1451 Columbia AvenueCastlegar, BC, V1N 1H8

  • 0 Bed
  • 0 Bath
  • 3667 Sqft
  • Multifamily

About this home

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:63626)
Listed by: Tristan Chart PREC*, Royal LePage Kelowna

Home facts and features

Price details
List Price
$949,900
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Gross Taxes for 2026
$6,301
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
15
Property Type
Multifamily
Lot Size
24393 ft²
Depth
Year Built
Built in 1979 (47 yrs old)
Title
Freehold
Exterior Finish
Stucco
Heating Type
Baseboard heaters, Forced air, Electric, See remarks
Features
Level lot
Agent details
Primary Agent
Primary Broker
Royal LePage Kelowna
Listing details
Days on REW
283 Days
Property Views
282
MLS® Number
10351656
Source
Canadian Real Estate Association
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Purchase Price
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Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Stanley Humphries Secondary School
  • Public
  • 8 - 12
Twin Rivers Elementary School
  • Public
  • K - 7
Kinnaird Elementary School
  • Public
  • K - 7
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Tristan Chart PREC*
Phone:
(250) 777-7493
Office:
250-860-1100
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