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Royal LePage
Royal LePage
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$1,791,000

Castlegar BC, V1N 4L2

MLS® # 10367206

Property Information:

Kootenay River Mobile Home Park is a rare 19-pad, fully tenant-owned manufactured home community ideally situated along the Kootenay River in Castlegar, BC. Set on 2.77 acres of flat, scenic waterfront land, the park includes 8 prime riverfront pads and 11 interior sites, each serviced with 100A electrical, a private sewer treatment system, and a reliable well with a 30 gpm pump replaced approximately three years ago. The property has been fully leased for over two decades with long-term tenant ownership, offering exceptional stability and minimal management requirements. With current pad rents below market and potential to add 2-3 additional pads, the park presents secure income with meaningful upside. Its location just three minutes from downtown Castlegar provides excellent access to amenities, BC Transit bus routes (~125 metres from the property line), and key regional employers including Teck Metals, Mercer Celgar, and Selkirk College. The surrounding area continues to experience strong demand for affordable and stable housing, particularly from retirees and young working families, while supply remains limited. With its strong income base, expansion potential, and desirable waterfront setting, 651 Rosedale Road offers investors an attractive combination of stability, low maintenance, and long-term growth potential in the heart of the West Kootenays.

Property Features:

  • Annual Tax Amount: $6,660
  • Built in: 1980
  • Cooling: None
  • Heating: None
  • Lot Size: 2.77 Acres
  • Parking Features: Other
  • View: River
  • Water Source: Well
  • Waterfront Features: River Front
  • Sewer: Other

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Location of 651 Rosedale Road, Castlegar, BC, V1N 4L2

Demographic Information of 651 Rosedale Road, Castlegar, BC, V1N 4L2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$101,885.29

Average Number of Children

1.35

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

29.3 %

High school certificate or equivalent

36.75 %

Apprenticeship trade certificate/diploma

6.06 %

College/non-university certificate

9.21 %

University Degree

18.68 %

Commuter

Travel To Work

By Car

52.46 %

By Public Transit

0.04 %

By Walking

1.81 %

By Bicycle

0.0 %

By Other Methods

45.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

1.73 %

Houses

98.27 %

Own Vs. Rent

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