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Investment signal

$2,100,000

2100 Crestview Crescent

Beds

Baths

Sqft

Year

1961

About this home

Turnkey Investment Opportunity in Castlegar, BC! This property contains 22 newly renovated units in the heart of Castlegar, BC. Close to all amenities with a solid rental history. Contact your agent today to view! (id:65958)

Subtype
Multi-family
Lot size
1.54 acres
MLS#
10363815
Area
CASTLEGAR
Negative cash flow ~$3,999/mo at these assumptions

Cash on cash

-11.43%

Cap rate

3.60%

GRM

16.7

Break-even rent

$14,710

Financing

Down payment$420,000
Loan amount$1,680,000
Mortgage$10,307/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$963
Insurance$80
Maintenance$1,750
CapEx reserve$875
Vacancy loss$525

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.

Mortgage estimate

Estimated $10,307/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.

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