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Investment signal

$120,000

800 LYNNWOOD Crescent

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Type

Vacant Land

Suite

Investment signal

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Location nearby

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

About this home

One of few building lots left in Castlegar! Conveniently located walking distance from shops, restaurants, Kootenay Market grocery, Crumbs bakery, Public transit and more, making this location ideal for development! This parcel is just over a 1/2 acre within the city limits/services meaning you can now entertain the possibility of developing Single Family, duplex or up to 4 units/multiple dwellings! There are so many possibilities! Being located downtown you can enjoy a quick commute to the primary, elementary and Secondary Schools, as well as Millennium Park Walkway for an afternoon along the Columbia River! Seller has already paid for a survey certificate which is available & property pins have been identified! A creek runs through the property. (id:65958)

Subtype: Vacant Land
Structure: Other
Community: North Castlegar
Common interest: Freehold
Lot size: 0.6 acres
Lot dimensions: 0.6
On market: Feb 18, 2026
Status changed: Apr 27, 2026
Annual tax: $969.86
Photos: 21
MLS#: 10376134
Area: CASTLEGAR

Features and systems

Waterfront

Waterfront on creek

Utilities

WaterSewerNatural GasElectricity

Positive cash flow ~$1,509/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

75.43%

Cap rate

19.95%

GRM

4.2

Break-even rent

$812

Financing

Down payment$24,000

Loan amount$96,000

Mortgage$486/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$55

Insurance$80

Maintenance$100

CapEx reserve$50

Vacancy loss$120

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 $486/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 27, 2026.