$ 949,000

1118 Erickson Street, Creston

Welcome to 1118 Erickson Street! A fantastic chance to own a multifamily 6-plex situated on a spacious 0.25 acre lot in the heart of beautiful Creston! Whether you’re looking to expand your investment portfolio, live in one unit while generating income from the others, or self-manage a cash-flowing property, this one checks the boxes. This well-maintained building features shared laundry, on-site parking, and approximately $6,500/month in rental income (currently confirming latest tenancy agreements). Opportunities like this are hard to find in a market like Creston, which has historically maintained an extremely low vacancy rate. Located in a convenient area close to shopping, schools, restaurants, parks, and everyday amenities, tenants love the accessibility and small-town lifestyle Creston offers. (id:1945)
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Property details for 1118 Erickson Street, Creston

Type
Multi-family
Lot Size
0.26
Parking
Additional Parking
Heating
Baseboard heaters
Exterior
Stucco, Vinyl siding
Ownership
Freehold
Annual Taxes
$9,593

Nearby Listings Stat

Estimated price and comparable properties near 1118 Erickson Street

Active Listings
44
Min Price
$81,500
Max Price
$2,600,000
Avg Price
$618,961
Days on Market
204
days
Sold Listings
13
Min Sold Price
$224,900
Max Sold Price
$6,750,000
Avg Sold Price
$911,954
Days until Sold
111
days

Neighbourhood Census Data

Creston, British Columbia / Colombie-Britannique

Population
507
Median Age
55.4
Median Income
$21,568
Dwelling Value
$250,257

Housing Tenure

Owners 57%
Renters 44%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.8
Pop. Density: 832.9/km²
Avg Shelter Cost: $790/mo
Owners with Mortgage: 48.4%
Owners Spending 30%+: 12.9%
Tenants Spending 30%+: 65.2%
English only: 96%
English and French: 4%
Median Household Income: $34,432
Median Employment Income: $19,808

Price History

Listed
August 20, 2026
by Stonehaus Realty (Kelowna)
Current Price
$949,000
-4% from last change
Type
Multi-family
For Sale
Price Changes
1
Date Price Change
Current $949,000 $40,000 (-4%)
Aug 20, 2026 $989,000 Listed

Contact Agent Get in touch about 1118 Erickson Street, Creston

Jewan Brar
Jewan Brar
Stonehaus Realty (Kelowna)

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