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460/470 Dogwood St, Campbell River, BC, V9W 2Y3

MLS® # 972399
Investment For Sale In Campbell River, British Columbia
$2,150,000
460/470 Dogwood St, Campbell River, BC - Outdoor
460/470 Dogwood St, Campbell River, BC - Outdoor
460/470 Dogwood St, Campbell River, BC - Outdoor With Exterior
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Kitchen
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Kitchen
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Kitchen
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Bathroom
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC  - Outdoor
460/470 Dogwood St, Campbell River, BC  - Outdoor
460/470 Dogwood St, Campbell River, BC  - Outdoor With Exterior
460/470 Dogwood St, Campbell River, BC  - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Kitchen
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Kitchen
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Kitchen
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Bathroom
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
460/470 Dogwood St, Campbell River, BC - Indoor Photo Showing Other Room
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460/470 Dogwood St, Campbell River, BC, V9W 2Y3
$2,150,000

Property Information:

An opportunity to invest in two recently renovated (2019-2020) triplexes. Consistently enjoy zero vacancy and strong cash flows from these six three-bedroom in-demand townhomes as most of the other rentals in the area are one and two-bedroom suites. The 1250 square foot three-bedroom, 1.5 bathroom townhomes are centrally located and are close to transit, local amenities and schools. They feature large backyards, mixed laminate and tile flooring, bright LED lighting, and energy-efficient windows and appliances (in-suite washer/dryer, dishwasher, fridge and oven). Both 460 and 470 Dogwood St., are owned by the same company and must be purchased together. Go to supplements to view the property brochure that includes the rent roll and other financial information or call us to receive the information. All inspections are to be scheduled after an offer is accepted. Note: Enjoy a cap rate of 5%+, four of the six townhomes are scheduled for rent increases on or before January 2025.

Inclusions: Fixtures

Property Features:

  • Annual Tax Amount: $12,006
  • Building Features: Parking
  • Built in: 1966
  • Construction Materials: Frame Wood
  • Exterior Features: Balcony/Patio, Fenced, See Remarks
  • Floor Space (approx): 7530 Square Feet
  • Flooring: Laminate, Tile
  • Foundation Details: Slab
  • Heating: Baseboard, Electric
  • Inclusions: Fixtures
  • Lot Features: Central Location
  • Lot Frontage: 16695 Square Feet
  • Lot Size: 16695.00 Square Feet
  • Ownership: Freehold
  • Parking Features: On Site
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Multi Family
  • Road Surface Type: Paved
  • Utilities: Cable Connected, Electricity Connected, Phone Connected
  • Water Source: Municipal
  • Zoning: rm3
  • Sewer:
  • No. of Parking Spaces: 12

Courtesy of: NAI Commercial (Victoria) Inc.

MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

Location of 460/470 Dogwood St, Campbell River, BC, V9W 2Y3

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

Projected Precipitation Risk: High

15 storms expected in 2050

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

29/100

Moderate-Low

ClimateCheck®

Current data

This property, 460/470 Dogwood St , experiences 7 hot days per year at around 27.4 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 30.4 degrees Celsius.

Projected Avg. Temperature

Past
27.4℃
2050
30.4℃

# Hot Days Per Year

Past
7
2050
26

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: High

15 storms expected in 2050

98/100

High

ClimateCheck®

Current data

This property, 460/470 Dogwood St , experiences 13 significant 2-day storms per year, with about 589.9mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 15 significant 2-day storms with 692.3mm of precipitation per year.

Precipitation Per Storm

Past
589.9mm
2050
692.3mm

48-Hour Storms Per Year

Past
13
2050
15

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 460/470 Dogwood St, Campbell River, BC, V9W 2Y3

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$84,440.19

Average Number of Children

1.53

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.0 %

High school certificate or equivalent

33.95 %

Apprenticeship trade certificate/diploma

12.65 %

College/non-university certificate

17.1 %

University certificate (below bachelor)

1.11 %

University Degree

10.19 %

Commuter

Travel To Work

By Car

82.08 %

By Public Transit

3.16 %

By Walking

7.96 %

By Bicycle

0.0 %

By Other Methods

6.8 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.28 %

Houses

65.72 %

Own Vs. Rent