661 667 Russell Lane, Lillooet

4pc Bathroom - 661 667 Russell Lane, Lillooet, BC null Photo 1

24 Photos

3pc Bathroom - 661 667 Russell Lane, Lillooet, BC null Photo 2
4pc Bathroom - 661 667 Russell Lane, Lillooet, BC null Photo 3
4pc Bathroom - 661 667 Russell Lane, Lillooet, BC null Photo 4
Kitchen - 661 667 Russell Lane, Lillooet, BC null Photo 5
Kitchen - 661 667 Russell Lane, Lillooet, BC null Photo 6
Living room - 661 667 Russell Lane, Lillooet, BC null Photo 7
  • Bedrooms: 6
  • Bathrooms: 4
  • Living area: 3136 square feet
  • MLS®: 176491
  • Type: Fourplex
  • Added: 90 days ago

Property Details

Nestled in the heart of Lillooet, BC, this fully tenanted 4plex presents a unique investment opportunity for those seeking a blend of stable income and idyllic living. The property consists of four distinct units, each with its own character and amenities, catering to a variety of tenant needs and preferences. Unit 3 is a gem within the complex, featuring 2 comfortable bedrooms and 1 bathroom, complemented by a lower level dedicated to laundry and shared utilities. This unit extends into a spacious side yard, perfect for leisure and outdoor activities, and grants access to a detached workshop. The workshop, measuring an impressive 24x27 feet, has been recently updated with hardie board siding, offering ample storage and workspace for hobbies or projects. Unit 2 is designed with efficiency in mind, offering a cozy 1 bedroom suite equipped with convenient in-unit laundry, making it an ideal space for singles or couples. Similarly, Unit 1 provides a 1 bedroom suite with in-unit laundry facilities, ensuring privacy and comfort for its occupants. Unit 4 stands out with its extensive updates and thoughtful layout. This lower suite boasts 2 bedrooms and separate laundry facilities, which could be transformed into a 3rd bedroom if desired. The living area is adorned with laminate flooring and flows seamlessly into the dining and kitchen areas, creating an inviting open-concept space. All units are currently occupied by excellent long-term tenants, generating a combined monthly income of $2,346, with tenants responsible for their own BC Hydro expenses. The property has seen significant updates, including a new roof in 2014, electrical improvements, and the installation of current Hot Water Tanks for each unit, ensuring minimal maintenance concerns for the new owner. The 4plex is conveniently located within walking distance to Lillooet's central town area, where residents can enjoy easy access to groceries, bakeries, coffee shops, banking, pharmacies, and more, all whil (id:1945)

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Property Information

  • Heating: Baseboard heaters, Electric
  • Living Area: 3136
  • Photos Count: 24
  • Lot Size Units: square feet
  • Parcel Number: 012-903-175/012-903-230
  • Bedrooms Total: 6
  • Structure Type: Fourplex
  • Common Interest: Freehold
  • Parking Features: Open
  • Tax Annual Amount: 1788
  • Lot Size Dimensions: 7956
  • Construction Materials: Wood frame
Room Dimensions
Type Level Dimensions
4pc Bathroom Basement
3pc Bathroom Main level
4pc Bathroom Main level
4pc Bathroom Main level
Kitchen Basement
Kitchen Main level
Living room Basement
Living room Main level
Bedroom Basement
Bedroom Main level
Bedroom Basement
Bedroom Main level
Kitchen Main level
Living room Main level
Bedroom Main level
Kitchen Main level
Living room Main level
Bedroom Main level
Dining room Basement
Laundry room Basement
Other Basement
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Nearby Places

Name Type Address Distance
Lillooet Airport Airport Lillooet 3.7 km
Fountainview Academy School 7615 Lytton-Lillooet Hwy 21.3 km
SK'Il' Mountain Community School School Slosh 1 21.5 km
Highline Pub & Restaurant Bar 6650 Seton Portage Road 24.9 km
Seton Portage Historic Provincial Park Park Seton Portage 25.4 km
Harry Lake Aspen Provincial Park Park Cache Creek 29.8 km
661 667 Russell Lane mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 661 667 Russell Lane. The current price of the property is $399,000, 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 $319,200. This would result in a monthly mortgage payment of $1,866 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree 15
Bachelor's degree 40
Certificate of Qualification 10
College 45
University degree at bachelor level or above 50

Neighbourhood Marital Status Stat

Married 150
Widowed 20
Divorced 45
Separated 10
Never married 105
Living common law 50
Married or living common law 200
Not married and not living common law 180

Neighbourhood Construction Date

1961 to 1980 105
1981 to 1990 45
1991 to 2000 20
2001 to 2005 10
2006 to 2010 10
1960 or before 45
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