$995,000
757 PRESTON ROAD
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About this home
1.76-acre Multi-Family zoned Riverfront Property!! Opportunity to create an exclusive multi-family development along the picturesque Nechako River. Water and sewer available off of Preston Rd. Currently zoned RM1 to develop 13 townhomes that would be a hot seller or discuss with City to go for a larger development of unmatched quality. Could also just be your own personal estate to build your dream home on the river. Also on Residential - see MLS# R3083682 (id:65958)
- Subtype
- Vacant Land
- Lot size
- 1.76 acres
- MLS#
- C8075581
- Area
- PRINCE_GEORGE
Cash on cash
-11.68%
Cap rate
3.55%
GRM
16.7
Break-even rent
$7,014
Financing
Operating expenses (monthly)
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
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.