$949,900
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:64133)
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Property Details
MLS® Number 10351656 Property Type Multi-family Neigbourhood North Castlegar AmenitiesNearBy Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping Features Level Lot ParkingSpaceTotal 15 ViewType River View, Valley View, View Of Water, View (panoramic) WaterFrontType Waterfront On River -
Building
Constructed Date 1979 Exterior Finish Stucco Heating Fuel Electric Heating Type Baseboard Heaters, Forced Air, See Remarks Roof Material Asphalt Shingle Roof Style Unknown Stories Total 2 Size Interior 3,667 Sqft Type Multi-family Utility Water Municipal Water -
Land
Access Type Easy Access, Highway Access Acreage No Land Amenities Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping Landscape Features Level Sewer Municipal Sewage System Size Irregular 0.56 Size Total 0.56 Ac|under 1 Acre Size Total Text 0.56 Ac|under 1 Acre
Mark Gidden
Realtor/Founder
Lloyd Taverner
Realtor/Senior Partner
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February 04 2026 06:00:39
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