$ 1.949.000

27 S Seventh Avenue, Williams Lake

1 Photos

MLS®: c8057555

Added: 82 days ago

Property Details

Amazing income. This former Slumber Lodge Motel generates great income. 23 units with 3 more that need a renovation to bring this total to 26. On site managers suite. Options are there to move back to a motel or keep running it as long-term tenants. Located across from a brand-new Tim Hortons, Save on Foods and great shopping. With the housing shortage this building will never be short of people wanting to rent. Great building to add to your portfolio. (id:1945)

Best Mortgage Rates

Property Information

Tax Year: 2023
Year Built: 9999
Photos Count: 1
Lot Size Units: acres
Lot Size Dimensions: 0.89

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Nearby Places

Name	Type	Address	Distance
Save-On-Foods	Pharmacy	730 Oliver St	0.1 km
Sandman Hotel & Suites Williams Lake	Lodging	664 Oliver St	0.1 km
Denny's	Restaurant	664 Oliver St	0.1 km
Lake City Ford	Car repair	715 Oliver St	0.2 km
Sushi California	Restaurant	770 Oliver St	0.3 km
Williams Lake, British Columbia	Located in the central part of a region known as t...		0.3 km
Alley Katz Bistro	Restaurant	525 Borland St	0.3 km
Cariboo Chilcotin Coast Tourism Association	Travel agency	350 Barnard St #204	0.4 km
Computer Access Center	School	29 Third Ave S	0.4 km
Williams Lake Stampede Campground	Campground	800 S MacKenzie Ave	0.5 km
Lake City Christian Academy	School	Williams Lake	0.5 km
Joey's Grill	Restaurant	177 Yorston St	0.5 km

27 S Seventh Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 27 S Seventh Avenue. The current price of the property is $1,949,000, 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 $1,559,200. This would result in a monthly mortgage payment of $9,114 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	15
College	30
University degree at bachelor level or above	15

Neighbourhood Marital Status Stat

Married	35
Widowed	25
Divorced	25
Separated	40
Never married	95
Living common law	50
Married or living common law	90
Not married and not living common law	185

Neighbourhood Construction Date

1961 to 1980	75
1981 to 1990	10
2001 to 2005	10
2006 to 2010	20
1960 or before	45

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