$825,000
7208 89TH Street
Beds
6
Baths
4
Sqft
—
Year
1977
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.
About this home
Rare 4-Plex Opportunity. Live, Rent, or Invest! For the cost of a single 2-bedroom apartment in Vancouver; this is a fantastic opportunity to own a solid, well-maintained 4-apartment multifamily property in a desirable small-town location-entire building offered (A, B, C, D) This property features: &; 2 x 2-bedroom, 1-bathroom units &; 2 x 1-bedroom + den, 1-bathroom units &; Private in-suite laundry in all units &; 4 separate electrical meters – no shared power expenses &; Ample off-street parking at the rear accessed from Swan Cres. &; Matching shed built in 2022 for storage &; Zoning ""R7 Dense Residential"" provides future potential &; Walkable location, desirable for tenants Located just a short walk to the elementary school (50 meters), Main Street-shops, restaurants and services, and only 400 meters to two separate beautiful public beaches. Well-built older construction offers excellent sound insulation between units. Newer roof with updated ventilation installed. Recent updates: hot water tanks, electrical system updates Ideal for: Investors seeking consistent rental income with risk mitigation from 4 units House hackers – live in one unit, rent the rest Local employers or businesses needing reasonable cost staff housing, to attract and retain employees Canada's warmest climate and lake with nearby skiing/snowboarding in the winter. Current monthly revenue for the property is $4250/month. Click brochure link for more details. (id:65958)
- Subtype
- Single Family
- Architectural style
- Multi-level
- Structure
- Fourplex
- Community
- Osoyoos
- Common interest
- Freehold
- Living area
- 2,628 square feet
- Lot size
- 0.17 acres
- Lot dimensions
- 0.17
- Parking
- 1 total
- Stories
- 2
- On market
- Mar 6, 2026
- Status changed
- Apr 15, 2026
- Annual tax
- $3,540.56
- Photos
- 52
- MLS#
- 10378199
- Area
- OSOYOOS
Features and systems
Parking
Basement
Heating
Cooling
Exterior
Flooring
Roof
Cash on cash
-11.78%
Cap rate
3.53%
GRM
16.7
Break-even rent
$5,830
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.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Osoyoos. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
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 15, 2026.