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5744 VERMILLION Street, Edgewater, BC, V0A 1E0

MLS® # 10370720
Investment For Sale In Edgewater, British Columbia
$499,000
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
5744 Vermillion Street, Edgewater, BC
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5744 VERMILLION Street, Edgewater, BC, V0A 1E0
$499,000

Property Information:

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.

Property Features:

  • Annual Tax Amount: $3,291
  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Built in: 1911
  • Construction Materials: Stucco, Vinyl Siding, Wood Frame
  • Cooling: None
  • Flooring: Carpet, Hardwood, Linoleum, Tile, Vinyl
  • Heating: Baseboard, Electric, Forced Air, Propane
  • Lot Size: 0.39 Acres
  • Parking Features: Open, On Street
  • Roof: Metal
  • View: Mountain(s)
  • Water Source: Community/Coop
  • Waterfront Features: None
  • Sewer: Public Sewer

This listing content provided by Association of Interior REALTORS.

Location of 5744 VERMILLION Street, Edgewater, BC, V0A 1E0

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

27 hot days expected in 2050

Projected Precipitation Risk: Moderate-Low

14 storms expected in 2050

Projected Heat Risk: Moderate

27 hot days expected in 2050

41/100

Moderate

ClimateCheck®

Current data

This property, 5744 VERMILLION Street , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 27 hot days at 34.2 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
34.2℃

# Hot Days Per Year

Past
7
2050
27

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: Moderate-Low

14 storms expected in 2050

38/100

Moderate-Low

ClimateCheck®

Current data

This property, 5744 VERMILLION Street , experiences 12 significant 2-day storms per year, with about 198.3mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 235.6mm of precipitation per year.

Precipitation Per Storm

Past
198.3mm
2050
235.6mm

48-Hour Storms Per Year

Past
12
2050
14

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 5744 VERMILLION Street, Edgewater, BC, V0A 1E0

Life Stage

Later Years

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$112,999.97

Average Number of Children

1.80

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

19.39 %

High school certificate or equivalent

35.71 %

Apprenticeship trade certificate/diploma

10.2 %

College/non-university certificate

30.61 %

University Degree

4.08 %

Commuter

Travel To Work

By Car

90.38 %

By Public Transit

0.0 %

By Walking

5.77 %

By Bicycle

0.0 %

By Other Methods

3.85 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

2.32 %

Houses

97.68 %

Own Vs. Rent