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1909 Ash Street, Creston
2026-03-02
Quick Summary
MLS®#10377636
Property Description
The Bungalow presents a recently repositioned 38-unit multi-family building located at 1909 Ash Street in Creston, BC. The Property has undergone meaningful improvements and operational enhancements since the owner purchased the property in 2021, now boasting +97% occupancy, healthy turnover allowing strong income growth, surplus floor area offering an exciting opportunity to add +/-5 additional units, and an efficient operational structure emphasizing care-free property management. The building offers functional suite layouts with 73% of units either mostly or fully updated within the last 8 years, attractive on-site amenities including laundry, fitness, storage, library, games room, common living space, outdoor gardens, gazebo and bbq area, and a suite mix that continues to attract consistent tenant demand in a supply-constrained rental market. With demonstrated occupancy stability and strong market rent growth offering further income enhancement potential, this offering represents a rare opportunity to acquire a secure, yield-oriented multifamily asset in one of the Kootenays’ most established and defensive communities. (id:32467)
Property Features
Building
- Cooling Type: Central air conditioning, Window air conditioner
- Fireplace: No
- Building Type: Multi-Family
- Utility Water: Municipal water
Land
- Land Size: 1.82 ac|1 - 5 acres
- Sewer: Municipal sewage system
Ownership
- Type: Freehold
Information entered by Royal LePage Kelowna
Listing information last updated on: 2026-03-02 20:23:54
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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.
Savings shown are illustrative only. Actual commission costs depend on the commission structure negotiated with your agent.
One Percent Realty's top FAQs
Each agent sets their own commission structure, subject to a maximum of 1% for listing services and up to 1% payable to cooperating brokerages. Homes under $500,000 are subject to a minimum charge of $9,950
Yes, and yes.
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