450 Maquinna Cres, Gold River, British Columbia, V0P1G0, Gold River, BC

$2,700,000
Est. Mortgage /mo

MLS® 957213

$2,700,000
Est. Mortgage /mo
Agent photor
Dan Marusin
Renanza Realty
250-984-8355
Go See This Home Now
lot 3 sqft
0 sqft
1967 built
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Property details

Garden Apartments (54 townhomes and 12 apartments) in Gold River is an excellent example of a value-add real estate opportunity: Value-add real estate is a real estate investing strategy where an operator purchases an existing asset with in-place cash flow that is not operating at its full potential. The investor aims to increase cash flow and value through various physical and operational improvements. For sale are 64 residential units: an apartment building with 12 one bdrm suites, office, laundry room and 13 fourplexes with 26 two bdrm townhouses and 26 three bdrm townhouses. All units are individually metered for heat, hot water and hydro. Buy at a cap rate in the neighborhood of 6% (This cap rate is calculated with only thirty-seven of the sixty-four units rented). After renovating and renting the remaining 27 units, imagine your cap rate! Achievable monthly rents:$700/one bdrm, $800/two bdrm and $900/three bdrm). Call listing agents for an NDA to sign to receive financials. (id:26763)

Location Details
Area Canada
State British Columbia
City Gold River
Postal Code V0P1G0
Property Metrics
Floor Area Total (Sq.ft) 0
Financial Details
List Price 2,700,000

Neighborhood Info

Private Schools
Elementary
Maaqtusiis Elementary School
Above Average
56 km
No Rating
Details
Elementary
Maaqtusiis Elementary School
Above Average
56 km
No Rating
Details
Closest Transit
Quinsam 12
Eagle at Seahawk (SB)
60.28 km

The closest Elementary independent school to this home for sale located at 450 Maquinna Cres, Gold River, British Columbia, V0P1G0 is Maaqtusiis Elementary School with School's rating No Rating, located 56 km from this home.

The closest to this address 450 Maquinna Cres, Gold River, British Columbia, V0P1G0 Secondary independent school is Maaqtusiis Elementary School with School's rating No Rating, located 56 km km from this home

The freshest crime data from Statistics Canada are from 2020. There were 113 volation disturbances in this neighbourhood. The overall crime rate near the address - 450 Maquinna Cres, Gold River, British Columbia, V0P1G0, Gold River, BC is 5,842.81. Rate is the amount of incidents per 100,000 population. Comparing to other Canadian cities it has Below Average rate in 2020. Year by year change in the total crime rate is -10.11%

Drug crime rate next to the listing for sale MLS® 957213 is Below Average comparing to other neighbourhoods. The illegal substances offences rating is 155.12. This is the amount of drug crime incidents per 100,000 population. There were 3 illegal substances lawbreaking disturbances in this city in 2020. Year by year change in the illegal substances offences ranking is 0.00%

Property crimes in the neighbourhood close to real estate listing for sale 450 Maquinna Cres, Gold River, British Columbia, V0P1G0 are Below Average. Property misconduct rating adjacent to MLS® 957213 is 2,533.61. There were 49 in the neighbourhood in 2020. Year by year change in the property misconduct rate is 18.89%

There were 33 violent lawbreaking disorders in 2020. 1,706.31 and it is Average rate comparing to other BC municipalities. Year by year change in the violent crime rate is -11.03%

The closest Bus station is Eagle at Seahawk (SB) in 60.28 km away from this listing with - MLS® 957213.

13% of people with university certificate/degree live in this neighbourhood adjacent to the 450 Maquinna Cres, Gold River, British Columbia, V0P1G0 which is Below Average in comparison with other BC neighbourhoods. 21.2% of population in this neighbourhood that is near the Listing MLS® 957213 have no certificate or degree. This number is Above Average compared to the average in BC.

Median Household Income near this dwelling with the address 450 Maquinna Cres, Gold River, British Columbia, V0P1G0, Gold River, BC is $61472 which is Below Average in comparison with the British Columbia average. Median personal income near this dwelling with listing - MLS® 957213 is $31616 which is Below Average in comparison with the BC average. % of the Households with a mortgage in this census subdivision is 52% which is Below Average.

Unemployment rate in the area around MLS® Listing # 957213 is 8.9 which is Above Average in comparison to the other province neighbourhoods.

This real estate is located in 450 Maquinna Cres, Gold River, British Columbia, V0P1G0 where population change between 2011 and 2016 was -4.3%. This is Low in comparison to average growth rate of this region.

Population density per square kilometre in this community near the address 450 Maquinna Cres, Gold River, British Columbia, V0P1G0, Gold River, BC is 110.7 which is Below Average people per sq.km.

Average size of families in the area adjacent to home for sale 450 Maquinna Cres, Gold River, British Columbia, V0P1G0 is 2.5. This is Low number in comparison to the whole region. Percent of families with children near by the MLS® - MLS® 957213 is 37.7% and it is Low. % of Married or living common law is around 67% and it is High.

Average age of the population close to the 450 Maquinna Cres, Gold River, British Columbia, V0P1G0 is 47.6 . This percentage is High in comparison to other BC cities.

Average value of dwellings in this neighbourhood around 450 Maquinna Cres, Gold River, British Columbia, V0P1G0, Gold River, BC is $164435 and this is Low comparing to other areas in British Columbia

Average Owner payments are Low in the area adjacent to 450 Maquinna Cres, Gold River, British Columbia, V0P1G0. $751 owners spent in average for the dwelling. Tenants are paying $575 in this district close to MLS® 957213 and it is Low comparing to other cities.

11.4% of Population in this district near the 450 Maquinna Cres, Gold River, British Columbia, V0P1G0 are Renters and it is Below Average comparing to other BC cities and areas.

% of English and French speakers around real estate listing 450 Maquinna Cres, Gold River, British Columbia, V0P1G0, Gold River, BC is 4.5%, it is Below Average, % of English speakers only is 95.9% and Above Average. % of Neither English nor French speakers close to home for sale 450 Maquinna Cres, Gold River, British Columbia, V0P1G0, Gold River, BC is 0% and it is comparing to other BC cities.

0% of all population in the area around this property with the address 450 Maquinna Cres, Gold River, British Columbia, V0P1G0, Gold River, BC using Public Transport which is , 75% of using population are using Cars around MLS® 957213, which is Below Average. 0% of people using Bicycles around the 450 Maquinna Cres, Gold River, British Columbia, V0P1G0 and it is . 14.6% of population are walking which is High

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Local Info

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Home Price
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/month
Principal & Interest
Property Taxes $202
Maintenance fee 0

Listing Price Comparision

This house $1,400,000
Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Agent photor
Dan Marusin
Renanza Realty
250-984-8355
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