For Sale: 414 Falls Street, Nelson, BC - REW
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$960,000
0 bd • 0 ba • sf • Multifamily
414 Falls Street
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$960,000
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414 Falls StreetNelson, BC, V1L 1H9

  • 0 Bed
  • 0 Bath
  • Sqft
  • Multifamily

About this home

Exceptional investment opportunity in the heart of downtown Nelson. This fully tenanted 7-plex is ideally located just steps from Baker Street, restaurants, cafes, and local businesses, offering both convenience and lifestyle appeal. The property boasts beautiful lake and mountain views, a rare advantage for a multi-family asset in this central location.Well-maintained and professionally managed, the building has seen recent upgrades including a new fire alarm panel, annual inspection systems, and secure keypad entry. With stable tenants in place, low vacancy history, and steady rental income, this property provides reliable cash flow today with strong long-term potential. The city has also shown support for additional residential density in the area, opening the door to possible future upside. Whether you’re looking to expand your portfolio or secure a foothold in Nelson’s thriving rental market, this 7-plex combines income stability with prime location and future opportunity. (id:63626)
Listed by: Jordan Bonin, Royal LePage Rosling Realty

Home facts and features

Price details
List Price
$960,000
Get Pre-Approved
Gross Taxes for 2026
$5,474
Home facts
Bedrooms
0
Full Bathrooms
Parking Details
Street
Property Type
Multifamily
Lot Size
4791 ft²
Depth
Year Built
Built in 1901 (125 yrs old)
Title
Freehold
Heating Type
Baseboard heaters, Electric
Features
Sprinkler System-Fire
Agent details
Primary Agent
Primary Broker
Royal LePage Rosling Realty
Listing details
Days on REW
80 Days
Property Views
581
MLS® Number
10379796
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Wildflower School
  • Public
  • K - 9
St Joseph School
  • Independent
  • K - 8
Trafalgar Middle School
  • Public
  • 6 - 8
South Nelson Elementary School
  • Public
  • K - 5
Rosemont Elementary School
  • Public
  • K - 5
Hume Elementary School
  • Public
  • K - 5
L V Rogers Secondary School
  • Public
  • 9 - 12
Nelson Christian Community School
  • Independent
  • K - 8
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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Call Agent
Jordan Bonin
Phone:
(250) 354-9449
Office:
250-352-3581
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.