$ 625.000

5744 Vermillion Street, Edgewater

42 Photos

5744 Vermillion Street, Edgewater, BC V0A1E0 Photo 2

5744 Vermillion Street, Edgewater, BC V0A1E0 Photo 3

5744 Vermillion Street, Edgewater, BC V0A1E0 Photo 4

5744 Vermillion Street, Edgewater, BC V0A1E0 Photo 5

5744 Vermillion Street, Edgewater, BC V0A1E0 Photo 6

5744 Vermillion Street, Edgewater, BC V0A1E0 Photo 7

Living area: 4150 sqft
MLS®: 2475595

Type: Fourplex
Added: 40 days ago

Property Details

Employers / Investors pay attention - need staff housing, check this out, as the lowest cost per dwelling unit likely in the entire Columbia Valley. 5 separate units grossing $54000 + annual rental income, will give you a very solid rate of return, while perhaps giving you huge competitive edge over your rivals being able to house your staff. A very unique opportunity as there are many like this in the region. Located conveniently beside a Edgewater's convenience, in the center of this quiet community. (id:1945)

Best Mortgage Rates

Property Information

Roof: Metal, Unknown
Zoning: Four unit dwelling
Heating: Forced air, Electric
Basement: Full, Unknown, Unknown
Flooring: Tile, Hardwood, Linoleum, Vinyl, Wall-to-wall carpet
Utilities: Sewer
Year Built: 1911
Living Area: 4150
Photos Count: 42
Water Source: Community Water User's Utility
Lot Size Units: square feet
Parcel Number: 015-785-751
Structure Type: Fourplex
Common Interest: Freehold
Exterior Features: Stucco, Vinyl
Foundation Details: Concrete
Lot Size Dimensions: 16988
Architectural Style: Cottage, Cabin
Construction Materials: Wood frame

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Nearby Places

Name	Type	Address	Distance
Edgewater Elementary	School	East Kootenay G	0.3 km
Edgewater, British Columbia	Originally known and founded as a farming communit...		0.3 km
Radium Hot Springs Airport	Radium Hot Springs Airport, (TC LID: CBL6), is loc...		7.6 km
Radium Hot Springs Airport	Airport	Radium Hot Springs	8.3 km
The Chalet Europe	Lodging	5063 Madsen Rd	9.2 km
Sinclair Canyon Trails	Park	British Columbia 95	9.3 km
The Old Salzburg Restaurant	Restaurant	4943 Hwy 93	9.4 km
Melting Pot Eatery	Restaurant	4935 Hwy 93	9.4 km
BEST WESTERN Plus Prestige Inn Radium Hot Springs	Lodging	7493 Main St W	9.5 km
La Cabina Ristorante & Carrington's English Lounge	Restaurant	7493 Main St W	9.5 km
Meet On Higher Ground Coffee House	Cafe	6-7527 Main St W	9.7 km
CasaVino Wine Bar	Restaurant	4873 St Marys St	9.8 km

5744 Vermillion Street mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 5744 Vermillion Street. The current price of the property is $625,000, 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 $500,000. This would result in a monthly mortgage payment of $2,923 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	25
Certificate of Qualification	35
College	75
University degree at bachelor level or above	30

Neighbourhood Marital Status Stat

Married	190
Widowed	15
Divorced	25
Separated	20
Never married	90
Living common law	90
Married or living common law	285
Not married and not living common law	150

Neighbourhood Construction Date

1961 to 1980	65
1981 to 1990	35
1991 to 2000	60
2001 to 2005	10
2006 to 2010	10
1960 or before	50

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