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501 16th Avenue, Creston, BC, V0B 1G0

MLS® # 10381799
Investment For Sale In Creston, British Columbia
$1,799,000
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
501 16Th Avenue, Creston, BC
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501 16th Avenue, Creston, BC, V0B 1G0
$1,799,000

Property Information:

Well-maintained 11-unit multi-family property in Creston offering a strong combination of cash flow and long-term upside. The property features a highly desirable unit mix with 1, 2, 3, and 4-bedroom layouts, including a granny suite with a basement, appealing to a broad range of tenants and helping reduce vacancy risk. Each unit is designed for practical, long-term living, with its own private storage shed and dedicated garden bed space—features that consistently attract and retain tenants. Several units offer wheelchair accessibility, further expanding the tenant pool. The property includes a shared courtyard area with a gazebo, providing a central outdoor space for tenants while maintaining privacy between buildings. Ample on-site parking and easy access add to the overall functionality. Conveniently located close to Creston amenities, this is a rare opportunity to acquire a multi-unit property with strong income potential, diverse unit mix, and long-term investment appeal in a tight market.

Property Features:

  • Annual Tax Amount: $11,232
  • Built in: 2010
  • Construction Materials: Fiber Cement, Wood Frame
  • Cooling: Heat Pump
  • Flooring: Carpet, Linoleum
  • Heating: Electric, Forced Air
  • Lot Size: 0.85 Acres
  • Parking Features: Open
  • Roof: Asphalt, Shingle
  • Water Source: Public
  • Sewer: Public Sewer

This listing content provided by Association of Interior REALTORS.

Location of 501 16th Avenue, Creston, BC, V0B 1G0

Demographic Information of 501 16th Avenue, Creston, BC, V0B 1G0

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$84,270.84

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.32 %

High school certificate or equivalent

33.28 %

Apprenticeship trade certificate/diploma

10.19 %

College/non-university certificate

21.18 %

University Degree

9.04 %

Commuter

Travel To Work

By Car

77.19 %

By Public Transit

0.0 %

By Walking

17.29 %

By Bicycle

3.24 %

By Other Methods

2.28 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

13.69 %

Houses

86.31 %

Own Vs. Rent