Primary photo of 501 7th Ave, Campbell River
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Fourplex For Sale

$1,049,000

MLS® Number: 1037087

Bedrooms

8

Bathrooms

4

Floor Area

4,406

Land Size

7,841

Year Built

1962

501 7th Ave, Campbell River, British Columbia

About This Property

A rare opportunity to acquire a legal fourplex in a convenient Campbell River location, within easy reach of downtown, shopping, public transit, parks and schools. Each of the four units offers over 1,000 sq. ft. of living space with two bedrooms and one bathroom, a practical layout that appeals to a broad range of tenants and keeps vacancy low. Each unit is self-contained with its own laundry, hot water tank, separate hydro meter, and dedicated storage room. Front and rear building access, six parking stalls, and a detached garage add to the day-to-day functionality that tenants appreciate and that makes management straightforward. This is a compelling entry point into the Campbell River investment market.

Property Details

Interior Details

Bathrooms Total

4

Bedrooms Total

8

Cooling

None

Heating

Baseboard heaters, Electric

Living Area

4406 sqft

Building & Exterior

Number Of Units Total

4

Year Built

1962

Land & Location

City Region

Campbell River Central

Lot Features

Central location, Level lot, Corner Site, Other, Marine Oriented

Lot Size Area

7841.0 sqft

Lot Size Dimensions

7841

Parcel Number

005-656-290

Postal Code

V9W4A2

View

City view

Listing & Financials

Listing Office

Engel & Volkers Vancouver Island North

Originating System Name

Vancouver Island Real Estate Board

Other Specifications

Common Interest

Freehold

Country

Canada

Parking Total

6

Mortgage Calculator

20% ($209,800)
5.5%
25 Years

Estimated Monthly Payment

$5,153

Principal and interest only. Actual rates may vary.

Location & Map

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