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Listing REALTOR®
Katica Petersen, REALTOR<sup>®</sup>

Katica Petersen

REALTOR®

Royal LePage Aspire Realty (Terr)

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Listing REALTOR®
Katica Petersen, REALTOR<sup>®</sup>

Katica Petersen

REALTOR®

Royal LePage Aspire Realty (Terr)

Multi-family for sale

4820 Lazelle Avenue, Terrace - City, Terrace

$1,500,000 or
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Multi-family for sale in Terrace - City, Terrace, Terrace, 4820 Lazelle Avenue, 224976492 | Realtylink.org
Multi-family for sale in Terrace - City, Terrace, Terrace, 4820 Lazelle Avenue, 224976492 | Realtylink.org Multi-family for sale in Terrace - City, Terrace, Terrace, 4820 Lazelle Avenue, 224976492 | Realtylink.org Multi-family for sale in Terrace - City, Terrace, Terrace, 4820 Lazelle Avenue, 224976492 | Realtylink.org Multi-family for sale in Terrace - City, Terrace, Terrace, 4820 Lazelle Avenue, 224976492 | Realtylink.org
$1,500,000 or

Multi-family for sale

4820 Lazelle Avenue, Terrace - City, Terrace

N88TE-TERRACE

Features

Lifestyle
224976492 1500000 /en/multi-family~for-sale~terrace-city-terrace/224976492 /en/multi-family~for-sale~terrace-city-terrace/224976492 /en/multi-family~for-sale~terrace-city-terrace/224976492/photos 54.5179700000 -128.6021000000 true
Year Built
1996
Floor Area
10,296 sqft
Lot Size
10,404 sqft
Gross Property Tax
$10,486.40 /year
Building Type
Mul Tenant/MultiPlex (5+)
Zoning
R5
Suite Mix Information
7 x 2 ½
Total no. of Units
7

Description

An exceptional acquisition opportunity in one of Northern British Columbia’s most stable rental markets. This well-maintained 7-unit apartment building offers seven spacious 2-bedroom, 1-bathroom suites with strong current income and proven tenant demand. With a cap rate exceeding typical B.C. averages, this property delivers an attractive blend of immediate cash flow and long-term value growth. Ideally positioned in the heart of Terrace, tenants enjoy walkable access to shops, dining, schools, and community amenities. Fully serviced with municipal water, sewer, hydro, and telecommunications, the property is protected by the City of Terrace Fire Department. Minimal owner-paid expenses and clear potential for rent optimization make this an opportunity suited to both seasoned investors and institutional buyers. Seize this rare chance to secure a premium multifamily asset in a growth-oriented regional hub.
MLS® Number C8071423
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Listing REALTOR®

Katica Petersen, REALTOR<sup>®</sup>

Katica Petersen

REALTOR®
250-279-1359

Royal LePage Aspire Realty (Terr)

Location

In accordance with our Terms of Use, location data are provided to you “as-is”, without warranty. Any liability arising from location data is expressly excluded.
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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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