Maintenance, Reserve Fund Contributions, Insurance, Ground Maintenance, Property Management, Other, See Remarks, Sewer, Waste Removal, Water
$1,813.32 MonthlyInvestor Alert! Rare opportunity in The Terraces, a fully tenanted 6-plex in the highly desirable 55+ community of Coldstream Meadows. This quality-built, income-generating property features six beautifully maintained units: one 530 square foot studio, one 901 square foot 2-bedroom unit, and four 720 square foot 1-bedroom units—all currently rented, generating a total of $10,920/month in rental income. These units all have their own titles, and can be resold separately. NO RENTAL SPLIT. Almost guaranteed 100% occupancy. Each unit offers its own private entrance, carport, and in-suite laundry, and showcases high-end finishes including Hardie-plank siding, 9-foot ceilings, non-slip cushion vinyl flooring, in floor radiant heat. split duct cooling , and timeless craftsman-style architecture. 5 of the 6 units has a patio area off the back bedroom with a storage room. Located in a tranquil, park-like setting with walking trails, green spaces, and frequent wildlife sightings, Coldstream Meadows is known for its vibrant and supportive retirement lifestyle. Residents that opt-in may enjoy access to exceptional on-site amenities including a hair salon, spa, fitness center, and 24/7 staff support, with optional meal services available. Whether you're looking to expand your real estate portfolio or secure a low-maintenance investment in a premium location, this fully rented multi-unit property offers both immediate income and long-term potential. (id:44393)
| MLS® Number | 10356380 |
| Property Type | Multi-family |
| Neigbourhood | Mun of Coldstream |
| Community Features | Rentals Allowed, Seniors Oriented |
| Constructed Date | 2013 |
| Cooling Type | Wall Unit |
| Exterior Finish | Other |
| Fire Protection | Smoke Detector Only |
| Flooring Type | Vinyl |
| Heating Fuel | Electric, Other |
| Roof Material | Asphalt Shingle |
| Roof Style | Unknown |
| Stories Total | 1 |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Carport |
| Acreage | No |
| Sewer | Municipal Sewage System |
| Size Irregular | 0.4 |
| Size Total | 0.4 Ac|under 1 Acre |
| Size Total Text | 0.4 Ac|under 1 Acre |
| Zoning Type | Unknown |
Contact us for more information
Graeme Magee
(250) 549-2103
(250) 549-2106
thebchomes.com/
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