$799,900

1101-1107 COLUMBIA Avenue, Castlegar V1N1H6

Detached

Listed by: Coldwell Banker Executives Realty.

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Description

Investor alert! This property is 2.45 acres of prime Columbia Avenue frontage hosting 7 motel style rental units and 11 mobile home pads. Brand new roofs have been done on Units 1-5 and things are looking great! ONE OF MANUFACTURED HOMES IS OWNED BY THE OWNERS AND WILL BE INCLUDED IN THE SALE. The one park owned trailer has seen some updates as well with all new windows and a few new appliances. Located in the heart of the Kootenays, Castlegar is a growing community and home to some of the province's largest employers. Surrounded by pristine wilderness, only 40 minutes from Red Mountain and White Water ski resorts, this area is the best of both worlds. This is an opportunity to own a large piece of our growing community. Contact your REALTOR(R) today for more information. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Residential Commercial Mix

Lot Size: 2.46

Property Details

Property Type	Detached
Sub Type	Other
Lot Size	2 sq ft
Listing ID	10342849

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1101-1107 COLUMBIA Avenue, Castlegar
MLS® 10342849 · $799,900

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Calculation details & assumptions

Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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