$367,900

860 Schofield Highway, Warfield V1R2G9

Built 1940

Detached

Listed by: Sotheby's International Realty Canada.

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Description

Invest in the beautiful West Kootenay, BC! Recently renovated, fully tenanted 5-Plex, in a prime location in Warfield, BC. A net income of approximately $27,630.00 per year, makes this revenue property, a wise investment. Upgrades include updated electrical, blown in insulation, general repaint, some new flooring and redecorating. New roof in 2019. Bus stops right in front of this building. With a professional building management service, there is nothing to do , but take over the cash flow! Good investment, listed less than BC assessment. 7.5 ROI (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Parking: Rear, Street, Additional Parking

Parking Spaces: 6

Structure: Residential Commercial Mix

Annual Taxes: $5,492

Lot Size: 0.07

Property Details

Property Type	Detached
Sub Type	Other
Lot Size	0 sq ft
Year Built	1940
Parking	6 spaces
Listing ID	10393077

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860 Schofield Highway, Warfield
MLS® 10393077 · $367,900

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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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