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$555,000

6 Beds

2 Baths

2460 FEETSQ

QuickQuoteTM: $449K - $603K

Terrace BC, V8G 2V1

MLS® # R3057202

Property Information:

Nestled in the heart of downtown Terrace, this legal suite property offers an incredible opportunity for investors. Strategically situated across from elementary schools and in close proximity to both high schools, this location is a dream for families. With 3 bedrooms and 1 bathroom per unit, the property is fully tenanted, providing a consistent stream of rental income. Conveniently located near essential amenities and shopping, residents can enjoy the convenience of urban living combined with the tranquility of a residential neighborhood. This property presents an ideal investment, offering steady cash flow and the potential for long-term appreciation in Terrace, BC. (id:7525)

Building Features:

  • Style: Detached
  • Building Type: House
  • Basement Type: Full
  • Construction Style - Attachment: Detached
  • Exterior Finish: Stucco
  • Floor Space: 2460 sqft
  • Foundation Type: Concrete Perimeter
  • Roof Material: Asphalt shingle
  • Roof Style: Conventional
  • Total Finished Area: 2460 sqft
  • Heating Type: Baseboard heaters
  • Heating Fuel: Electric, Natural gas
  • Appliances: Washer, Dryer, Refrigerator, Stove, Dishwasher

Property Features:

  • OwnershipType: Freehold
  • Property Type: Single Family
  • Bedrooms: 6
  • Bathrooms: 2
  • Built in: 1967
  • Floor Space (approx): 2460 Square Feet
  • Lot Size: 7442.00 Square Feet
  • Parking Type: Open

Rooms:

  • Living Basement Level 4.93 m x 3.76 m
  • Dining Basement Level 2.84 m x 2.95 m
  • Kitchen Basement Level 2.62 m x 2.74 m
  • Laundry Basement Level 2.74 m x 2.67 m
  • 4th Bedroom Basement Level 2.51 m x 2.54 m
  • 5th Bedroom Basement Level 3.20 m x 2.62 m
  • Primary Bedroom Basement Level 3.25 m x 3.20 m
  • Living Main Level 5.11 m x 3.86 m
  • Dining Main Level 2.64 m x 2.92 m
  • Kitchen Main Level 2.79 m x 4.75 m
  • 2nd Bedroom Main Level 2.51 m x 2.74 m
  • 3rd Bedroom Main Level 2.79 m x 3.43 m
  • Primary Bedroom Main Level 3.40 m x 3.40 m

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Location of 3407 SPARKS STREET, Terrace, British Columbia, V8G 2V1

Demographic Information of 3407 SPARKS STREET, Terrace, British Columbia, V8G 2V1

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$105,679.76

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.73 %

High school certificate or equivalent

30.12 %

Apprenticeship trade certificate/diploma

13.31 %

College/non-university certificate

18.89 %

University certificate (below bachelor)

1.46 %

University Degree

16.49 %

Commuter

Travel To Work

By Car

81.53 %

By Public Transit

1.33 %

By Walking

12.88 %

By Bicycle

1.27 %

By Other Methods

2.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.06 %

Houses

85.94 %

Own Vs. Rent