Key Facts
- MLS® #: 10349715
- Property ID: SIRC2450008
- Property Type: Residential, Single Family Detached
- Living Space: 4,660 sq.ft.
- Year Built: 1975
- Bedrooms: 8
- Bathrooms: 4
- Listed By:
- Coldwell Banker Executives Realty
Property Description
4-Plex Investment Property in Vernon’s Growing Core
A great opportunity to invest in one of Vernon’s up-and-coming neighbourhoods. This 0.35-acre property features a well-maintained 4-plex with over 4,600 sq. ft. of total space. Each suite offers 2 spacious bedrooms, a full bathroom, and in-unit laundry/storage, all accessed through a shared central hallway.
Two units have been recently renovated, and both upper suites feature new decks. There’s plenty of parking at the rear and on the street. Current rents are significantly under market—three units are over $700 below potential—offering strong upside. Total monthly rent is $4,820, with tenants paying hydro.
Located close to schools, amenities, and downtown Vernon, this is a solid buy-and-hold with future growth potential in both rental income and property value.
Rooms
- TypeLevelDimensionsFlooring
- Dining roomMain8' 6" x 8' 6"Other
- BedroomMain9' 8" x 11' 3.9"Other
- Laundry roomMain7' x 7' 6"Other
- Living roomMain15' x 18'Other
- Dining roomMain8' 6" x 8' 6"Other
- KitchenMain8' 6" x 9' 2"Other
- Laundry roomMain7' x 7' 6"Other
- Primary bedroomMain11' 3.9" x 12' 3.9"Other
- BedroomMain9' 8" x 11' 3.9"Other
- Living roomBasement15' x 18'Other
- Dining roomBasement8' 6" x 8' 6"Other
- KitchenBasement8' 6" x 9' 2"Other
- Laundry roomBasement7' x 7' 6"Other
- Primary bedroomBasement11' 3.9" x 12' 3.9"Other
- BedroomBasement9' 8" x 11' 3.9"Other
- Living roomBasement15' x 18'Other
- Dining roomBasement8' 6" x 8' 6"Other
- KitchenBasement8' 6" x 9' 2"Other
- Laundry roomBasement7' x 7' 6"Other
- Primary bedroomBasement11' 3.9" x 12' 3.9"Other
- BedroomBasement9' 8" x 11' 3.9"Other
- Living roomMain15' x 18'Other
- Primary bedroomMain11' 3.9" x 12' 3.9"Other
- KitchenMain8' 6" x 9' 2"Other
Listing Agents
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Location
1604 45 Street, Vernon, British Columbia, V1T 7P8 Canada
Around this property
Information about the area within a 5-minute walk of this property.
- 20.08% 35 to 49 年份
- 19.88% 50 to 64 年份
- 19.2% 20 to 34 年份
- 13.83% 65 to 79 年份
- 5.89% 5 to 9 年份
- 5.79% 10 to 14 年份
- 5.74% 15 to 19 年份
- 4.99% 80 and over
- 4.61% 0 to 4
- Households in the area are:
- 59.45% Single family
- 33.59% Single person
- 6.89% Multi person
- 0.07% Multi family
- 88 200 $ Average household income
- 42 143 $ Average individual income
- People in the area speak:
- 92.72% English
- 1.82% German
- 1.56% French
- 1.28% English and non-official language(s)
- 1% Tagalog (Pilipino, Filipino)
- 0.64% Punjabi (Panjabi)
- 0.3% Spanish
- 0.25% Cebuano
- 0.22% Slovak
- 0.22% Ukrainian
- Housing in the area comprises of:
- 47.11% Single detached
- 19.9% Row houses
- 14.59% Semi detached
- 10.21% Apartment 1-4 floors
- 5.82% Duplex
- 2.37% Apartment 5 or more floors
- Others commute by:
- 4.32% Other
- 2.58% Foot
- 2.08% Public transit
- 1.35% Bicycle
- 39.74% High school
- 21.35% College certificate
- 18.92% Did not graduate high school
- 12.15% Trade certificate
- 6.63% Bachelor degree
- 1.1% Post graduate degree
- 0.1% University certificate
- The average are quality index for the area is 1
- The area receives 166.24 mm of precipitation annually.
- The area experiences 7.4 extremely hot days (33.08°C) per year.
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- Principal and Interest $4,638 /mo
- Property Taxes n/a
- Strata / Condo Fees n/a