For Sale: 5744 Vermillion Street, Edgewater, BC - REW
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$485,000
0 bd • 0 ba • sf • Multifamily
5744 Vermillion Street
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$485,000
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5744 Vermillion StreetEdgewater, BC, V0A 1E0

  • 0 Bed
  • 0 Bath
  • Sqft
  • Multifamily

About this home

Exceptional Multi-Unit Investment Opportunity Discover a versatile property offering outstanding potential for investors seeking reliable rental income or a property with strong long-term upside. Situated on a spacious 0.39-acre parcel and comprised of two separately titled properties, this offering includes a substantial two-storey fourplex as well as a detached two-bedroom home with an additional attic room. With some thoughtful updates, the overall income potential can be further enhanced. Conveniently located just behind Pips Grocery Store, this property benefits from steady demand. Beginning this September, the combined units are projected to generate approximately $48K+ in gross annual income, and the list price is below the current BC Assessment, adding exceptional value. A generous outdoor area provides added appeal for tenants and may offer options for future improvements or development. Live in one unit and rent the others, or lease all of them for maximum returns—the flexibility is yours. Showings are by appointment only, with a minimum of 48 hours’ notice. Opportunities like this are rare—schedule your viewing today. (id:63626)
Listed by: Cris Leonard, Royal LePage Rockies West

Home facts and features

Price details
List Price
$485,000
Get Pre-Approved
Gross Taxes for 2026
$3,291
Home facts
Bedrooms
0
Full Bathrooms
Parking Spaces
6
Parking Details
Street
Property Type
Multifamily
Lot Size
16988 ft²
Depth
Year Built
Built in 1911 (115 yrs old)
Title
Freehold
Style
Multi-level
Exterior Finish
Stucco, Vinyl siding
Heating Type
Baseboard heaters, Forced air, Electric, See remarks
Basement Details
Full
Appliances
Dryer, Range - Electric, Refrigerator, Washer
Agent details
Primary Agent
Primary Broker
Royal LePage Rockies West
Listing details
Days on REW
178 Days
Property Views
144
MLS® Number
10370720
Source
Canadian Real Estate Association
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25 Years
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3.99%

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Property Insights

Edgewater Elementary School
  • Public
  • K - 7
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      Call Agent
      Cris Leonard
      Phone:
      (250) 409-5500
      Office:
      250-342-5599
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