$1,790,000
1621-1699 INGLEDEW STREET
Beds
—
Baths
—
Sqft
—
Year
1966
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
- Lot size
- 0.38 acres
- MLS#
- C8077976
- Area
- PRINCE_GEORGE
Cash on cash
-11.47%
Cap rate
3.60%
GRM
16.7
Break-even rent
$12,551
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 17, 2026.