$ 749.000

916 Edgewood Avenue, Nelson

70 Photos

Full bathroom - 916 Edgewood Avenue, Nelson, BC V1L4C9 Photo 2

Full bathroom - 916 Edgewood Avenue, Nelson, BC V1L4C9 Photo 3

Bedroom - 916 Edgewood Avenue, Nelson, BC V1L4C9 Photo 4

Bedroom - 916 Edgewood Avenue, Nelson, BC V1L4C9 Photo 5

Kitchen - 916 Edgewood Avenue, Nelson, BC V1L4C9 Photo 6

Full bathroom - 916 Edgewood Avenue, Nelson, BC V1L4C9 Photo 7

Bedrooms: 4
Bathrooms: 4
Living area: 2107 sqft

MLS®: 2475627
Type: Fourplex
Added: 37 days ago

Property Details

Excellent Investment Opportunity! This charming Heritage home on picturesque Edgewood Avenue is conveniently one block from downtown Nelson, BC. With 4 rental units, each equipped with its own electric meter, this property is perfect for your next investment venture. The building features 2 Bachelor suites and 2 1-bed, 1-bath suites, with each floor offering one of each type. Additionally, there is workshop in the back alley with access for 2 vehicles and your workshop needs. The beautiful yard with natural flowers and lush green grass perfectly complements the heritage ambiance of this home. Don't miss out on this amazing opportunity! (id:1945)

Best Mortgage Rates

Property Information

Roof: Asphalt shingle, Metal, Unknown
Zoning: Residential
Heating: Electric baseboard units, Electric
Basement: Crawl space, Unknown, Unknown
Flooring: Laminate, Mixed Flooring
Utilities: Sewer
Year Built: 1901
Living Area: 2107
Lot Features: Balcony
Photos Count: 70
Water Source: Municipal water
Lot Size Units: square feet
Parcel Number: 008-942-731
Bedrooms Total: 4
Structure Type: Fourplex
Common Interest: Freehold
Exterior Features: Wood, Other
Foundation Details: Concrete
Lot Size Dimensions: 9000
Construction Materials: Wood frame

Room Dimensions

Type	Level	Dimensions
Kitchen	Main level	12 x 5'2
Full bathroom	Main level
Full bathroom	Above
Bedroom	Main level	8 x 12'5
Bedroom	Above	7'4 x 5
Kitchen	Main level	6'6 x 13'6
Full bathroom	Main level
Bedroom	Main level	6'4 x 13'2
Bedroom	Above	11 x 8
Other	Main level	6'4 x 5
Laundry room	Main level	13'5 x 12'8
Workshop	Main level	11 x 18'4
Full bathroom	Main level
Living room	Above	14'10 x 12'3
Living room	Above	13'4 x 13'8

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Nearby Places

Name	Type	Address	Distance
Nelson City Campground	Campground	90 High St	0.3 km
Finley's Irish Bar & Grill	Bar	705 Vernon St	0.3 km
Sage Tapas & Wine Bar	Restaurant	705 Vernon St	0.3 km
Itza Ristorante & Pizzeria	Restaurant	413 Hall St	0.3 km
Canadian 2 For 1 Pizza	Restaurant	636 Front St	0.3 km
Ric's Lounge & Grill Nelson	Restaurant	701 Lakeside Dr	0.3 km
Louie's Steakhouse & Lounge	Bar	616 Vernon St	0.4 km
Edo Japan	Restaurant	1106 Lakeside Dr	0.4 km
Save-On-Foods	Grocery or supermarket	1200 Lakeside Dr	0.4 km
Bibo	Restaurant	518 Hall St	0.4 km
Grounded Coffee House Inc	Cafe	616 Vernon St	0.4 km
Mountain Hound Inn	Lodging	621 Baker St	0.4 km

Similar undefineds Stat in Nelson

We have found 1 undefined that closely match the specifications of the property located at 916 Edgewood Avenue with distances ranging from 2 to 1 kilometers away. The prices for these similar properties vary between 949,900 and 949,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open undefined in the V1L4C9 postal code area of Nelson British Columbia Canada.

916 Edgewood Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 916 Edgewood Avenue. The current price of the property is $749,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $599,200. This would result in a monthly mortgage payment of $3,502 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	25
University / Above bachelor level	10
University / Below bachelor level	10
Certificate of Qualification	20
College	60
Degree in medicine	10
University degree at bachelor level or above	40

Neighbourhood Marital Status Stat

Married	125
Widowed	25
Divorced	55
Separated	20
Never married	180
Living common law	60
Married or living common law	185
Not married and not living common law	275

Neighbourhood Construction Date

1961 to 1980	60
1981 to 1990	20
1991 to 2000	30
2001 to 2005	10
2006 to 2010	15
1960 or before	120

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