220-222 Vernon Street, Nelson
A rare four-unit investment opportunity in the heart of Nelson, 220–222 Vernon Street offers two detached homes, each with its own legal suite, on a spacious 6,000 sq. ft. lot just steps from downtown. The property is fully rented and provides immediate income from two 2-bedroom units and two 1-bedroom units, making it well suited to Nelson’s strong rental market. Both buildings have recently had the electrical updated and one of the units also features a brand-new bathroom. Zoned commercial, the property offers potential for future development or mixed-use applications while providing a stable multi-family income stream today. Tenants enjoy an unbeatable location within easy walking distance of Baker Street’s shops, restaurants, and cultural attractions. With four independent units, two detached homes, commercial zoning, and a central location, this is a compelling opportunity for investors seeking reliable cash flow and long-term potential. (id:1945)
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Property details for 220-222 Vernon Street, Nelson
- Type
- Fourplex
- Bedrooms
- 6
- Bathrooms
- 4
- Living Area
- 3,790 square feet
- Lot Size
- 0.14
- Stories
- 4
- Basement
- Full
- Parking
- Additional Parking
- Heating
- Baseboard heaters, Forced air
- Exterior
- Stucco
- Ownership
- Freehold
- Annual Taxes
- $5,271
Nearby Listings Stat
Estimated price and comparable properties near 220-222 Vernon Street
Active Listings
1
Min Price
$969,000
Max Price
$969,000
Avg Price
$969,000
Days on Market
0
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Nelson, British Columbia / Colombie-Britannique
Population
514
Median Age
45
Median Income
$29,984
Dwelling Value
$399,537
Housing Tenure
Owners 57%
Renters 43%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 1.9
Pop. Density: 468.6/km²
Avg Shelter Cost: $889/mo
Owners with Mortgage: 44.8%
Owners Spending 30%+: 10.3%
Tenants Spending 30%+: 47.8%
English only: 91.3%
English and French: 8.7%
Median Household Income: $52,224
Median Employment Income: $24,128
Price History
Listed
September 18, 2026
by Bennett Family Real Estate
Current Price
$969,000
Type
Fourplex
For Sale