$1,599,995

Rossland BC, V0G 1Y0

MLS® # 2477215

Property Information:

Excellent Rossland / Red Mountain INVESTMENT opportunity at THE BLOCK!! This property has been substantially renovated to include 4 one-bedroom apartments for long-term rentals, 7 hostel rooms for nightly rentals (with shared common areas, laundry and storage lockers) and a campground with 6 fully serviced RV sites as well as an open field for camping! Located one minute from world-class skiing at Red Mountain Resort and one minute from the top of Rossland with biking & walking trails right out the door! The zoning on this property allows for multiple uses and it has a great CAP rate! Contact your REALTOR® for more information on this great income property. **Note - room sizes and floor plans are approximate for Apartment #2 and Hostel Rooms 1,2,3,6 and 7 ** (id:27)

Building Features:

Style: Multiplex
Building Type: Multi-Family
Exterior Finish: Aluminum siding, Concrete Block, Metal
Roof Material: Metal
Roof Style: Unknown
Heating Type: No heat

Property Features:

OwnershipType: Strata
Property Type: Multi-family
Amenities Nearby: Golf Nearby, Recreation, Ski area
Built in: 1963
Features: Level lot
Landscape Features:
Sewer: Municipal sewage system

Courtesy of: Century 21 Kootenay Homes (2018) Ltd

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⚠ Potential Investment Performance

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Market Price Trends

Location of 3915 OLD RED MOUNTAIN Road, Rossland, British Columbia, V0G 1Y0

Lifestyle
Neighbourhood

Demographic Information of 3915 OLD RED MOUNTAIN Road, Rossland, British Columbia, V0G 1Y0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$118,470.89

Average Number of Children

1.70

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

8.05 %

High school certificate or equivalent

16.75 %

Apprenticeship trade certificate/diploma

16.14 %

College/non-university certificate

19.44 %

University certificate (below bachelor)

2.69 %

University Degree

36.93 %

Commuter

Travel To Work

By Car

83.68 %

By Public Transit

0.0 %

By Walking

9.38 %

By Bicycle

0.69 %

By Other Methods

6.25 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

35.52 %

Houses

64.48 %

Own Vs. Rent