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220-222 Vernon Street, Nelson, British Columbia, V1L 4E2

MLS® # 10361900

House For Sale In Nelson, British Columbia

$969,000 QuickQuote^TM: $864K - $1.1M

6 Beds

4 Baths

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220-222 Vernon Street, Nelson, BC - Outdoor

220-222 Vernon Street, Nelson, BC - Indoor Photo Showing Kitchen With Double Sink

220-222 Vernon Street, Nelson, BC - Indoor Photo Showing Living Room

220-222 Vernon Street, Nelson, BC - Indoor

220-222 Vernon Street, Nelson, BC - Indoor Photo Showing Other Room

220-222 Vernon Street, Nelson, BC - Indoor Photo Showing Bedroom

220-222 Vernon Street, Nelson, BC - Indoor Photo Showing Bathroom

220-222 Vernon Street, Nelson, BC - Indoor Photo Showing Laundry Room

220-222 Vernon Street, Nelson, BC - Indoor Photo Showing Dining Room

220-222 Vernon Street, Nelson, BC - Indoor Photo Showing Kitchen

220-222 Vernon Street, Nelson, BC - Indoor Photo Showing Basement

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220-222 Vernon Street, Nelson, British Columbia, V1L 4E2

$969,000

6 Beds

4 Baths

Property Information:

Discover a rare and exceptional investment opportunity at 220-222 Vernon Street, a prime property located just steps from the vibrant heart of downtown Nelson. Situated on a spacious 6,000 sq ft lot, this unique offering features not one, but two fully detached homes, each with its own legal suite, creating a total of four independent income-generating units. This turnkey property is currently fully rented, offering immediate and significant cash flow. The thoughtful layout includes two 2-bedroom units and two 1-bedroom units, catering to a diverse tenant base in Nelson's thriving rental market. The property is zoned commercial, presenting exciting possibilities for future development or mixed-use applications, with the current use as a multi-family residence providing a stable and profitable foundation. With a convenient location, residents are just a short stroll from the eclectic shops, renowned restaurants, and cultural attractions of Baker Street, making this one of the most desirable addresses in town. Don't miss out on this incredible chance to acquire a meticulously managed and highly profitable piece of Nelson's booming real estate market. BRAND NEW BATHROOM IN ONE OF THE UNITS! This is an ideal investment for those seeking a stable, high-yield asset in a premier location. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Type: Full
Exterior Finish: Stucco
Floor Space: 3790 sqft
Flooring Type: Flooring Type
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Baseboard heaters, Forced air

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 6
Bathrooms: 4
Built in: 1936
Floor Space (approx): 3790 Square Feet
Sewer: Municipal sewage system
Parking Type:
No. of Parking Spaces: 4

Rooms:

Laundry 2nd Level 23'4'' x 13'2''
Laundry 2nd Level 12'7'' x 5'0''
Bathroom 2nd Level Measurements not available
Kitchen 2nd Level 16'5'' x 10'8''
Living 2nd Level 12'7'' x 12'0''
Bedroom 2nd Level 12'7'' x 10'4''
Kitchen 3rd Level 12'5'' x 11'8''
Dining 3rd Level 10'9'' x 11'8''
Living 3rd Level 23'6'' x 15'3''
Primary Bedroom 3rd Level 11'5'' x 10'10''
Bathroom 3rd Level Measurements not available
Bedroom 3rd Level 11'5'' x 11'5''
Laundry Lower Level 5'7'' x 12'10''
Bathroom Lower Level Measurements not available
Other Lower Level 3' x 3'7''
Kitchen Lower Level 12'1'' x 14'8''
Living Lower Level 10'6'' x 14'8''
Bedroom Lower Level 10'7'' x 14'8''
Laundry Lower Level 23'4'' x 13'9''
Other Main Level 6'7'' x 9'0''
Storage Main Level 2'10'' x 4'2''
Living Main Level 21'6'' x 15'2''
Dining Main Level 11'2'' x 13'3''
Kitchen Main Level 11'9'' x 13'3''
Bedroom Main Level 11'3'' x 9'4''
Bathroom Main Level Measurements not available
Primary Bedroom Main Level 11'4'' x 10'9''

Courtesy of: Bennett Family Real Estate

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Notes:

QuickQuote^TM

Approximate value for 6 bed, 4 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$969,000

List Price

$863,840

$1,051,631

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Market Price Trends

All Properties

-7.55%

Price change (1 year)

31.77%

Price change (5 years)

Location of 220-222 Vernon Street, Nelson, British Columbia, V1L 4E2

Lifestyle
Neighbourhood

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

28 hot days expected in 2050

Projected Precipitation Risk: High

18 storms expected in 2050

Projected Heat Risk: Moderate

28 hot days expected in 2050

40/100

Moderate

ClimateCheck®

Current data

This property, 220-222 Vernon Street , experiences 7 hot days per year at around 29.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 28 hot days at 33.3 degrees Celsius.

Projected Avg. Temperature

Past

29.3℃

2050

33.3℃

# Hot Days Per Year

Past

2050

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

18 storms expected in 2050

83/100

High

ClimateCheck®

Current data

This property, 220-222 Vernon Street , experiences 14 significant 2-day storms per year, with about 336mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 18 significant 2-day storms with 396mm of precipitation per year.

Precipitation Per Storm

Past

336mm

2050

396mm

48-Hour Storms Per Year

Past

2050

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 220-222 Vernon Street, Nelson, British Columbia, V1L 4E2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$100,405.72

Average Number of Children

1.47

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.64 %

High school certificate or equivalent

25.73 %

Apprenticeship trade certificate/diploma

6.16 %

College/non-university certificate

20.12 %

University certificate (below bachelor)

1.85 %

University Degree

36.5 %

Commuter

Travel To Work

By Car

41.92 %

By Public Transit

0.0 %

By Walking

46.49 %

By Bicycle

4.81 %

By Other Methods

6.78 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.55 %

Houses

66.45 %

Own Vs. Rent

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220-222 Vernon Street, Nelson, British Columbia, V1L 4E2 $969,000 MLS® # 10361900

Property Information:

Building Features:

Property Features:

Rooms:

Market Price Trends

All Properties

Location of 220-222 Vernon Street, Nelson, British Columbia, V1L 4E2

Climate Risk Data

Current data

Projected data

About Heat Risk

Current data

Projected data

About Storm Risk

Demographic Information of 220-222 Vernon Street, Nelson, British Columbia, V1L 4E2

Household Population

Household Structure

Age of Population

Education

Education Level

Commuter

Travel To Work

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Own Vs. Rent

220-222 Vernon Street, Nelson, British Columbia, V1L 4E2

Please contact your agent directly about this listing

Please contact your agent directly about this listing

Please contact your agent directly about this listing