$2,500,000

533 2ND Avenue, Kamloops V2V3L3

Built 1967

Detached

Listed by: REMAX Kamloops.

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Description

Great investment opportunity in this centrally located Downtown area Apartment building in South Kamloops which has Ten units comprised of nine one bedroom units and one two bedroom unit. The two bedroom unit and one of the one bedroom units are self contained with outside access and each have washer/dryer. There is a brand new boiler system which was installed in 2024. Fully tenanted and always in demand due to the great location. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Structure: Multi-Family

Annual Taxes: $13,851

Lot Size: 0.18

Property Details

Property Type	Detached
Sub Type	Multi-family
Lot Size	0 sq ft
Year Built	1967
Listing ID	10397434

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533 2ND Avenue, Kamloops
MLS® 10397434 · $2,500,000

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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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