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Investment signal

$1,326,000

A-B 3640 VICTORIA DRIVE

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Beds

Baths

Sqft

—

Year

2008

Type

Multi-family

Suite

Investment signal

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Location nearby

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

About this home

Set on 1.57 acres within town limits in Smithers, BC, this well-appointed 4-plex offers exceptional income potential or ideal multi-generational living. Connected to town water, garbage/recycling, an engineered septic system, and located close to amenities. The main level features two spacious 2 bed, 2 bath units with in-suite laundry, double attached garages, and covered decks with stunning Babine Mountain views. The lower level offers two 1 bed, 1 bath units plus shared laundry and storage. This building is well thought out with open spaces, nice oak cabinetry, hardwood flooring, primary bedrooms with ensuites in the upper units, and more. This good looking property is a rare opportunity combining space, location, flexibility, and strong rental appeal. (id:65958)

Subtype: Multi-family
Structure: Fourplex
Common interest: Freehold
Living area: 5,758 square feet
Lot size: 68,389.2 square feet
Lot dimensions: 68389.2
Stories: 2
Fireplace: 1
On market: Mar 25, 2026
Status changed: Apr 21, 2026
Annual tax: $12,971.13 (2025)
Photos: 40
MLS#: R3103430
Area: SMITHERS

Features and systems

Parking

Garage

Basement

FinishedFull

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Heat PumpNatural gas

Roof

Asphalt shingleConventional

Foundation

Concrete Perimeter

View

Negative cash flow ~$1,426/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.45%

Cap rate

3.57%

GRM

16.7

Break-even rent

$8,126

Financing

Down payment$265,200

Loan amount$1,060,800

Mortgage$5,375/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$608

Insurance$80

Maintenance$1,105

CapEx reserve$553

Vacancy loss$331

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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 $5,375/mo at 4.5% with 20% down, 30-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 21, 2026.