Available for sale is 1451 Columbia Avenue, located in Castlegar, BC, an exciting 7-unit value-add residential investment opportunity anchored by a long-standing complementary commercial tenant (Sun Life). Featuring 1 x 2-bedroom and 5 x 1-bedroom suites, all of which are paying substantially below market rents, the property is extremely well positioned for investors to leverage a stable income base and capitalize on exciting upside through increasing rents to market. Located with prominent exposure and direct access along Columbia Avenue with ample parking for all tenants, the Property sits immediately adjacent to No Frills, Dollarama, Tim Hortons, The Backeddy Pub, and Co-op Gas Bar. The property is centrally located between downtown and uptown, offering easy access to all of Castlegar’s retail, service and entertainment amenities. Public bus transit services are located within 100 metres, and Selkirk College is only a 7-minute drive away, while favourable C2 zoning further offers potential for both commercial or residential redevelopment. The Property’s stunning backyard further offers tenants rare views of the river and surrounding mountains. Castlegar represents one of the most significant growth stories in the BC Interior, with unprecedented construction, investment and new-to-market businesses such as Wendy’s and Anytime Fitness (within ~1km of the Property, respectively), driven by strong demographic fundamentals. Download the brochure at the link below for more info. (id:35966)
1451 Columbia AvenueCastlegar, British Columbia, V1N1H8
Listing Details
Property Details
- Full Address:
- 1451 Columbia Avenue, Castlegar, British Columbia
- Price:
- $ 949,900
- MLS Number:
- 10351656
- List Date:
- June 11th, 2025
- Neighbourhood:
- North Castlegar
- Lot Size:
- 0.56 ac
- Year Built:
- 1979
- Taxes:
- $ 6,301
Interior Features
- Heating:
- Baseboard heaters, Forced air, Electric, See remarks
Building Features
- Storeys:
- 2
- Sewer:
- Municipal sewage system
- Water:
- Municipal water
- Roof:
- Asphalt shingle, Unknown
- Exterior:
- Stucco
- Garage Spaces:
- 15
- Ownership Type:
- Freehold
- Taxes:
- $ 6,301
Floors
- Finished Area:
- 3667 sq.ft.
Land
- View:
- River view, Valley view, View of water, View (panoramic)
- Lot Size:
- 0.56 ac
- Water Frontage Type:
- Waterfront on river
Neighbourhood Features
Ratings
Commercial Info
Location
Neighbourhood Details
REALTOR® Details
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