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Investment signal

$725,000

1007 Gordon Street

Beds

Baths

Sqft

—

Year

1913

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Excellent Investment Opportunity! Welcome to 1007 Gordon St, a triplex situated in the sought-after area of Fairview in Nelson. Each of these three self-contained units has been thoughtfully renovated, including modernized kitchens and bathrooms, and new flooring throughout. The lower level is a bright and cozy one-bedroom bachelor unit featuring a spacious kitchen that overlooks the backyard and garden. The upper unit is a charming one-bedroom suite that offers an open-concept kitchen and living area, plus a full bath. The main floor unit main unit features a sleek, modern kitchen with like-new cabinets and appliances. This property has the added bonus of gorgeous lake views! Additional features include in-suite laundry in all three units, separate utilities for each unit, parking for three vehicles, plus ample street parking. Close to amenities, schools and more. Book your private viewing today! (id:65958)

Subtype: Single Family
Structure: Triplex
Community: Nelson
Common interest: Freehold
Living area: 1,611 square feet
Stories: 3
On market: Sep 24, 2025
Status changed: Apr 13, 2026
Annual tax: $3,954
Photos: 78
MLS#: 10363818
Area: NELSON

Features and systems

Parking

Other

Heating

Baseboard heatersForced airElectricSee remarks

Exterior

Vinyl sidingAluminum

Roof

Asphalt shingleUnknown

Negative cash flow ~$1,433/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.86%

Cap rate

3.52%

GRM

16.7

Break-even rent

$5,133

Financing

Down payment$145,000

Loan amount$580,000

Mortgage$3,558/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$332

Insurance$80

Maintenance$604

CapEx reserve$302

Vacancy loss$181

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Lifestyle nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Nelson. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,558/mo at 5.49% with 20% down, 25-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.