https://www.city2cityrealty.com
2250 6TH AVENUE, South Castlegar
South Castlegar
Multi-family
$995,000
For sale
0 BEDS
0 BATHS

REQUEST DETAILS

Description

Offered for sale is 2250 6th Avenue, located in Castlegar, BC - an exceptional multi-family investment and development opportunity with consistent occupancy and tremendous upside. Featuring 4 suites including two 2-bed and two 1-bed suites across a total of 2,772 sq. ft. rentable area, a two-car garage with potential suite conversion potential, 8 exterior parking stalls, +8,000 SF of surplus development land with proposed concept drawings for a second 4-plex, and favourable OCP (mixed-use) and zoning (C3) designations that encourage mixed-use development, the property is extremely well positioned for investors and developers to leverage a stable income base (~6.00% cap rate) and realize exciting upside. The property is located in central Castlegar along 6th Avenue - just one block from the new 54-unit Park Place Condos project, and two blocks from Castlegar's commercial centre offering Canadian Tire, A&W, McDonald's, Shoppers Drug Mart, Boston Pizza, the Castlegar Community Complex, and much more.

General Info

2479062
1961
Forced air

Amenities/Features

Mortgage Calculator
Purchase Amount $ 995,000
Down Payment
Interest Rate
Payment Interval:
Mortgage Term (Years)

202 9453 120st  Delta BC,Delta
CITY 2 CITY REAL ESTATE SERVICES
2250 6TH AVENUE, South Castlegar
Disclaimer: The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.