201 Norton Avenue Kimberley, British Columbia V1A 1Y1
$1,800,000
An exceptional investment opportunity awaits. This one owner, well-maintained 16-unit apartment complex is ideally situated in a highly desirable location, nestled between a vibrant town center and a popular resort destination. This pet-free, non-smoking building offers a clean, quiet living environment, appealing to long-term tenants and professionals alike. Property features a mix of spacious, well-kept units including 2 bachelor, 9 one bedroom and 5 two bedroom units. 10 covered parking spots available on a seniority basis with lots of additional open parking. There is a shared laundry facility plus each unit is offered a secure storage area on the lower level, adding convenience and value for residents. This property continues to be maintained and updated with recent improvements to carport roof (2024), fire system upgrade (2023), electrical including new LED motion sensor lighting on exterior, new screen doors on all units. The on-demand boiler system for heat and hot water to building is only about 10 years old. Sitting on a large lot, the building presents not only a solid income-producing asset but also future development potential for the savvy investor. Seller has signed a Direction regarding presentation of offers for May 22, 2025 at 5:00pm. (id:53709)
Property Details
| MLS® Number | 10345246 |
| Property Type | Other |
| Neigbourhood | Kimberley |
| Amenities Near By | Golf Nearby, Airport, Park, Recreation, Shopping, Ski Area |
Building
| Constructed Date | 1965 |
| Exterior Finish | Aluminum, Brick, Vinyl Siding, Other |
| Fire Protection | Smoke Detector Only |
| Heating Type | Baseboard Heaters, Hot Water, See Remarks |
| Roof Material | Other |
| Roof Style | Unknown |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| Covered |
Land
| Access Type | Easy Access |
| Acreage | Yes |
| Land Amenities | Golf Nearby, Airport, Park, Recreation, Shopping, Ski Area |
| Sewer | Municipal Sewage System |
| Size Irregular | 1.16 |
| Size Total | 1.16 Ac|1 - 5 Acres |
| Size Total Text | 1.16 Ac|1 - 5 Acres |
| Zoning Type | Multi-family |
https://www.realtor.ca/real-estate/28317864/201-norton-avenue-kimberley-kimberley
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Cathy Graham
Personal Real Estate Corporation
www.cathygraham.ca/
290 Wallinger Avenue
Kimberley, British Columbia V1A 1Z1
(250) 427-0070
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May 20 2025 04:38:25
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