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4820 LAZELLE AVENUE, Terrace
2025-08-13
Quick Summary
- Location
- 4820 LAZELLE AVENUE, Terrace, British Columbia V8G1T4
- Price
- $1,500,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Area:
- 10296 sqft
- Year of Construction:
- 1996
MLS®#C8071423
Property Description
An exceptional acquisition opportunity in one of Northern British Columbia’s most stable rental markets. This well-maintained 7-unit apartment building offers seven spacious 2-bedroom, 1-bathroom suites with strong current income and proven tenant demand. With a cap rate exceeding typical B.C. averages, this property delivers an attractive blend of immediate cash flow and long-term value growth. Ideally positioned in the heart of Terrace, tenants enjoy walkable access to shops, dining, schools, and community amenities. Fully serviced with municipal water, sewer, hydro, and telecommunications, the property is protected by the City of Terrace Fire Department. Minimal owner-paid expenses and clear potential for rent optimization make this an opportunity suited to both seasoned investors and institutional buyers. Seize this rare chance to secure a premium multifamily asset in a growth-oriented regional hub. (id:32467)
Property Features
Building
- Fireplace: No
- Interior Size: 10296 sqft
Land
- Land Size: 0.24 ac
Information entered by Royal LePage Aspire Realty (Terr)
Listing information last updated on: 2025-08-14 18:36:22
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
†
Savings calculated using One Percent Realty's posted commission rates compared to another agent charging
7% on the first 100k & 2.5% on the balance + GST. Not all agents charge the same.
One Percent Realty's top FAQs
We charge a total of $9,950 for properties under $900,000. For properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. It is as simple as that.
Yes, and yes.
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