QuickQuote^TM: $400K - $600K

Terrace BC, V8G 2V1

MLS® # R3109240

Property Information:

Outstanding investment opportunity in the heart of downtown Terrace! This legal duplex features two fully self-contained legal suites, each offering 3 bedrooms and 1 bathroom, providing exceptional flexibility for investors or owner-occupiers alike. The upper suite is currently tenanted, while the vacant lower suite offers the opportunity to secure a new tenant at today’s market rental rates or occupy the space yourself. Ideally situated directly across from elementary schools and within walking distance of high schools, shopping, parks, and other amenities, this is a location that consistently attracts tenants. Whether you’re looking to generate immediate income, maximize rental potential, or live in one suite while the other helps offset your mortgage. (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Finished
Basement Type: N/A
Construction Style - Attachment: Detached
Exterior Finish: Stucco
Floor Space: 2460 sqft
Foundation Type: Concrete Perimeter
Roof Material: Asphalt shingle
Roof Style: Conventional
Total Finished Area: 2460 sqft
Heating Type: Baseboard heaters
Heating Fuel: Electric, Natural gas

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 6
Bathrooms: 2
Built in: 1967
Floor Space (approx): 2460 Square Feet
Irregular: Yes
Lot Size: 7442.00 Square Feet
Parking Type: Open

Rooms:

Living Lower Level 4.93 m x 3.76 m
Dining Lower Level 2.84 m x 2.95 m
Kitchen Lower Level 2.62 m x 2.74 m
Laundry Lower Level 2.74 m x 2.67 m
4th Bedroom Lower Level 2.51 m x 2.54 m
5th Bedroom Lower Level 3.20 m x 2.62 m
Primary Bedroom Lower Level 3.25 m x 3.20 m
Living Main Level 5.11 m x 3.86 m
Dining Main Level 2.64 m x 2.92 m
Kitchen Main Level 2.79 m x 4.75 m
2nd Bedroom Main Level 2.51 m x 2.74 m
3rd Bedroom Main Level 2.79 m x 3.43 m
Primary Bedroom Main Level 3.40 m x 3.40 m

Convert Measurement to:

QuickQuote^TM

Approximate value for 6 bed, 2 bath house in this area is:

List Price
below Estimate List Price
above Estimate

$539,000

List Price

$400,000

$599,920

Low Estimate

High Estimate

Market Price Trends

Location of 3407 SPARKS STREET, Terrace, British Columbia, V8G 2V1

Lifestyle
Neighbourhood

Demographic Information of 3407 SPARKS STREET, Terrace, British Columbia, V8G 2V1

Life Stage

Young Couples

Employment Type

Mixed

Average Household Income

$105,679.76

Average Number of Children

1.73

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.73 %

High school certificate or equivalent

30.12 %

Apprenticeship trade certificate/diploma

13.31 %

College/non-university certificate

18.89 %

University certificate (below bachelor)

1.46 %

University Degree

16.49 %

Commuter

Travel To Work

By Car

81.53 %

By Public Transit

1.33 %

By Walking

12.88 %

By Bicycle

1.27 %

By Other Methods

2.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.06 %

Houses

85.94 %

Own Vs. Rent

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Rating:

Notes:

Katica Petersen

Real Estate Agent Royal LePage Aspire Realty *

Mobile:250.279.1359

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3407 SPARKS STREET, Terrace, British Columbia, V8G 2V1