$1,390,000

1463 BAY Avenue, Trail V1R4A9

Built 1926

Detached

Listed by: RE/MAX All Pro Realty.

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Description

THIS PROPERTY IS NICELY LOCATED IN DOWNTOWN TRAIL CLOSE TO NEW LIBRARY, SELKIRK COLLEGE AND BANK OF MONTREAL. THIS EXCELLENT LONG TERM INVESTMENT PROPERTY INCLUDES A LEASE WITH A LARGE CANNABIS RETAILER, WITH CLOSE TO ONE MILLION DOLLAR TENANT IMPROVEMENTS HAVE BEEN COMPLETED. THE BUILDING ALSO HAS FIVE APARTMENTS THAT HAVE ALL BEEN REFURBISHED. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Parking: Rear

Structure: Other

Annual Taxes: $7,602

Lot Size: 0.06

Property Details

Property Type	Detached
Sub Type	Other
Lot Size	0 sq ft
Year Built	1926
Listing ID	10377912

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1463 BAY Avenue, Trail
MLS® 10377912 · $1,390,000

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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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