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 |