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Investment signal

$1,790,000

1621-1699 INGLEDEW STREET

Beds

Baths

Sqft

Year

1966

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

Parkview Apartments in Prince George is a turnkey investment, with buildings that have been well maintained through the years sitting on five lots. All new vinyl windows 2019, new roofs and exterior surfaces 2017 and to date, there are 11 units completely reno'd. HWTs were replaced in 2016 and 2022. In-house laundry. Storage lockers for tenants. This amazing investment opportunity has 14 units consisting of eight 2-bedroom suites, four 1-bedroom suites, and two bachelor suites that are fully rented and have a very low vacancy rate. There are 14 parking stalls. Each unit is baseboard-heat with their own meters. Cash flowing apartment building with property management in place. (id:65958)

Subtype
Multi-family
Living area
12,650 square feet
Lot size
0.38 acres
Lot dimensions
0.38
On market
Apr 17, 2026
Status changed
Apr 17, 2026
Photos
20
MLS#
C8077976
Area
PRINCE_GEORGE
Negative cash flow ~$3,421/mo at these assumptions

Cash on cash

-11.47%

Cap rate

3.60%

GRM

16.7

Break-even rent

$12,551

Financing

Down payment$358,000
Loan amount$1,432,000
Mortgage$8,785/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$820
Insurance$80
Maintenance$1,492
CapEx reserve$746
Vacancy loss$448

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 Prince George. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $8,785/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 17, 2026.

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