We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estates sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!
5744 VERMILLION Street, Edgewater
2025-12-05
Quick Summary
- Location
- 5744 VERMILLION Street, Edgewater, British Columbia V0A1E0
- Price
- $499,000
- Status:
- For Sale
- Property Type:
- Multi-family
- Year of Construction:
- 1911
MLS®#10370720
Property Description
Exceptional Multi-Unit Investment Opportunity Discover a versatile property offering outstanding potential for investors seeking reliable rental income or a property with strong long-term upside. Situated on a spacious 0.39-acre parcel and comprised of two separately titled properties, this offering includes a substantial two-storey fourplex as well as a detached two-bedroom home with an additional attic room. With some thoughtful updates, the overall income potential can be further enhanced. Conveniently located just behind Pips Grocery Store, this property benefits from steady demand. Beginning this September, the combined units are projected to generate approximately $55K+ in gross annual income, and the list price is below the current BC Assessment, adding exceptional value. A generous outdoor area provides added appeal for tenants and may offer options for future improvements or development. Live in one unit and rent the others, or lease all of them for maximum returns—the flexibility is yours. Showings are by appointment only, with a minimum of 48 hours’ notice. Opportunities like this are rare—schedule your viewing today. (id:32467)
Property Features
Building
- Appliances: Refrigerator, Dryer, Range - Electric, Washer
- Architectural Style: Split level entry
- Basement Type: Full
- Exterior Finish: Stucco, Vinyl siding
- Fireplace: No
- Flooring Type: Carpeted, Hardwood, Linoleum, Tile, Vinyl
- Building Type: Multi-Family
- Utility Water: Community Water User's Utility
Land
- Land Size: 0.39 ac|under 1 acre
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Royal LePage Rockies West
Listing information last updated on: 2025-12-05 18:48:47
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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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