- Status:
- Active
- Prop. Type:
- Multi-Family Commercial
- MLS® Num:
- C8077719
- Build. Type:
- Mul Tenant/MultiPlex (5+)
- Photos (17)
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Turnkey 7-unit multi-family investment in Stewart, BC delivering strong cash flow and an 11.2% cap rate. Fully rented, generating $27,000/month ($324,000 annually) with seven 3 bed, 1.5 bath units ideal for long-term and corporate tenants. Extensively renovated by professional contractors, including roof, windows, doors, electrical, plumbing, insulation, and heating systems. Interiors feature vinyl plank flooring, updated kitchens/bathrooms, modem appliances, dishwashers, and in-suite laundry. Tenants pay utilities, supporting strong net income. Situated on a 0.69-acre RM1-zoned lot with open parking. Price per door of $357,128. Proven low vacancy with full occupancy since renovations. Opportunity to expand market share with additional acquisitions in the area. Stable, low-maintenance asset in a supply-constrained, resource-driven market.
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Multi-Family Commercial
- Commercial Type:
- Multi Family
- Construction:
- Frame Wood
- Building Type:
- Mul Tenant/MultiPlex (5+)
- # Units Total:
- 7
- # of Apartments:
- 7
- # of 3 Bedroom Apartments:
- 7
- Living Area:
- 8,757 sq. ft.
- Lot Area:
- 30,056.4 sq. ft.
- Zoning:
- RM1
- Heating:
- Baseboard, Electric
- Cooling:
- Electric
- Electricity:
- No
- Services Connected:
- Fully Serviced
- Sewer:
- Public Sewer
- Parcel Number:
- 010850902
- Taxes:
- $7,716.59 / 2015
- No
- Water Supply:
- Public
- Water Rights:
- No
- Roof:
- Asphalt
- Cap Rate %:
- 11.59
- Gross Income:
- 324000.0
- Net Operating Income:
- $34,200
- Original Price:
- $2,499,000
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Listed by Century 21 Northwest Realty Ltd.
Data was last updated April 12, 2026 at 10:40 PM (UTC)
- INDER KALSI
- CENTURY 21 COASTAL REALTY LTD.
- +1 (778) 531-3000
- Contact by Email
Inder Kalsi PREC
Century 21 Coastal Realty Ltd.
Your Trusted Partner in Real Estate.
Contact me at 778-531-3000 for all your property needs.
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Contact Me
Cell: 778-531-3000
Office: 604-599-4888
sales@theprimecommercial.com
Head Office
105 - 7928 128 Street
Surrey, BC, V3W 4E8
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