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Royal LePage Aspire Realty
Our Office Listings
435 5th Avenue
Burns Lake
V0J 1E0
$1,500,000
Land Commercial, Multi-Family Commercial
- Status:
- Active
- Prop. Type:
- Land Commercial, Multi-Family Commercial
- MLS® Num:
- C8072085
- Build. Type:
- See Remarks
- Photos (19)
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Fantastic multi family property on 1.39 acre lot. The need for rental units in Burns Lake is on the rise, and this is your chance to jump in! 1 building built in 2024 has 4 x 2bdrm / 2 full baths, 1 older building with some recent renos with 4 X 2 bdrm/ 1 bath. Each unit has separate laundry. Fully tenanted with 1 year renewable leases and great tenants. Rents currently totalling $11,000 mth / $132k yr, plus tenants pay utilities. The lot has been cleared and ready for more development. As per Seller, town planners have given the OK for 32 units on the lot, with great potential for 20 (Buyer to verify). Check out the pavers in the parking lot! The potential is huge!
- Sale Type:
- Asset
- Ownership:
- Freehold
- Property Type:
- Land Commercial, Multi-Family Commercial
- Commercial Type:
- Multi Family
- Building Type:
- See Remarks
- # of Apartments:
- 8
- # of 2 Bedroom Apartments:
- 8
- Living Area:
- 8,090 sq. ft.
- Lot Area:
- 1.39 acre(s)
- Zoning:
- R6
- Road Surface:
- Paved
- Electricity:
- Yes
- Services Connected:
- Cable Connected, Electricity Connected, Phone Connected
- Sewer:
- Public Sewer
- Parcel Number:
- 004594690
- Taxes:
- $2,022.63 / 2025
- No
- Water Supply:
- Public
- Water Rights:
- No
- Gross Income:
- 11000.0
- Original Price:
- $1,500,000
-
View of front of house with a balcony and a front yard -
View of home's exterior with a lawn
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View of front of home
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Back of property featuring a balcony and a lawn
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Back of property with a lawn
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View of side of home
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View of front of property with a shingled roof
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View of front of property
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View of decorative road
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View of yard featuring a storage shed
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View of home's exterior featuring a lawn
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Laundry area featuring stacked washing machine and dryer and a textured ceiling
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Bathroom featuring vanity, dark wood-type flooring, and a shower stall
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Bedroom with dark wood-style flooring, a ceiling fan, and a desk
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Bedroom featuring a baseboard heating unit, light wood-style flooring, and ceiling fan
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Full bathroom with shower / bathtub combination with curtain, vanity, and dark wood finished floors
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Dining room with dark wood-style floors
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Living room featuring baseboards and dark wood finished floors
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Living room featuring dark wood-style floors
Listed by Royal LePage Aspire Realty
Data was last updated December 7, 2025 at 08:40 AM (UTC)
- Chris Fancy, REALTOR®
- Royal LePage Aspire Realty
- 250-961-0688
- Chris@ChrisFancy.com
