Castlegar · V1N2A8
$10,968/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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A premier investment opportunity awaits with this prominent corner commercial building at 1127 4th Street & Columbia Avenue, 14,854 sq ft main floor retail asset (plus substantial basement) on a prime site in downtown Castlegar, BC. Offered together with the additional large paved parking lot at 310 11th Ave (9,048 sq ft). Strategically located on one of the busiest and most visible intersections in Castlegar, this landmark property guarantees maximum exposure to both high vehicle and pedestrian traffic—a critical feature for sustained commercial success. This well-maintained building is in excellent condition and requires nothing—fully leased to a diverse mix of quality, stable tenants that currently include Pizza Pizza, Tah Nam Thai, Affolter Financial, Hager Orthopedic, LBC Craft Supplies, Windsor Barber, WKSS, Artistic Images and more. The multiple fully occupied units ensure a well-diversified and reliable income stream that mitigates vacancy risk. Crucially, the property includes a large dedicated paved parking lot (9,048 sq ft) with excellent capacity for tenants and customers — a major competitive advantage in the downtown core. This bonus parcel also offers significant future development potential for additional retail, mixed-use, or strata opportunities. This turn-key commercial hub offers a unique chance to acquire a strategic, high-visibility asset with robust income, long-term leases with annual increases, and strong upside potential in the heart of the Kootenays.
14,854 ft²
Floor area
Other
Type
North Castlegar
Area
Listed
June 12, 2026
Nearby & Commute
7 min
walk to Kootenay Market
2h 22m
bike to Columbia Gardens
7h 52m
walk to Columbia Gardens
15h 48m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 40%
| Detached | 23 | 40.4% |
| Land | 18 | 31.6% |
| Other | 8 | 14.0% |
| Mobile home | 4 | 7.0% |
| Multi-family | 3 | 5.3% |
| Other | 1 | 1.8% |
| $15,000 to $19,999 | 10 | 4.5% |
| $20,000 to $24,999 | 10 | 4.5% |
| $25,000 to $29,999 | 5 | 2.3% |
| $30,000 to $34,999 | 10 | 4.5% |
| $35,000 to $39,999 | 20 | 9.1% |
| $40,000 to $44,999 | 15 | 6.8% |
| $45,000 to $49,999 | 10 | 4.5% |
| $50,000 to $59,999 | 20 | 9.1% |
| $60,000 to $69,999 | 10 | 4.5% |
| $70,000 to $79,999 | 20 | 9.1% |
| $80,000 to $89,999 | 15 | 6.8% |
| $90,000 to $99,999 | 10 | 4.5% |
| $100,000 to $124,999 | 25 | 11.4% |
| $125,000 to $149,999 | 15 | 6.8% |
| $150,000 to $199,999 | 15 | 6.8% |
| $200,000 and over | 10 | 4.5% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$10,968
Principal and interest
Calculated estimate
$10,176
Property tax
Calculated estimate
$642/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$2,200,000
Down payment
Calculated estimate
$440,000 (20%)
Estimated mortgage
Calculated estimate
$1,760,000
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$10,968
/mo
Rate
%
Amortization
Principal and interest
$10,176
Property tax (est.)
$642
P&I
Tax
Down payment
$440,000 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker
This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $440,000 down (20%) on $2,200,000, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
At 6.0283 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
