Grand Forks · V0H1H2
$6,782/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Priced below professional appraisal! Prime commercial investment in the heart of Grand Forks! This two-storey, 10,700+ sq.ft. building with full basement sits on a high-visibility corner lot along Central Avenue. Features seven leasable units, elevator access, and extensive modern renovations. Current tenants provide a strong and diversified income stream. Zoned NC (Neighbourhood Commercial) with flexible permitted uses. CAP rate 5.5%* and excellent potential for both investors and owner-operators. Well-maintained and ideally located along the highway!
16,030 ft²
Floor area
1996
Year built
Other
Type
Grand Forks
Area
Listed
October 28, 2025
$1,349,000 is 30.8% above the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
12h 36m
walk to Ferarro Foods
4h 56m
bike to Columbia Gardens
16h 25m
walk to Columbia Gardens
13h 35m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 57%
| Detached | 58 | 56.9% |
| Land | 21 | 20.6% |
| Mobile home | 9 | 8.8% |
| Other | 6 | 5.9% |
| Condo / Apartment | 3 | 2.9% |
| Other | 5 | 4.9% |
| $20,000 to $24,999 | 10 | 4.5% |
| $25,000 to $29,999 | 10 | 4.5% |
| $30,000 to $34,999 | 10 | 4.5% |
| $35,000 to $39,999 | 15 | 6.8% |
| $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 | 15 | 6.8% |
| $80,000 to $89,999 | 15 | 6.8% |
| $90,000 to $99,999 | 15 | 6.8% |
| $100,000 to $124,999 | 30 | 13.6% |
| $125,000 to $149,999 | 20 | 9.1% |
| $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
$6,782
Principal and interest
Calculated estimate
$6,240
Property tax
Calculated estimate
$392/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,349,000
Down payment
Calculated estimate
$269,800 (20%)
Estimated mortgage
Calculated estimate
$1,079,200
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
$6,782
/mo
Rate
%
Amortization
Principal and interest
$6,240
Property tax (est.)
$392
P&I
Tax
Down payment
$269,800 (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 $269,800 down (20%) on $1,349,000, 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.
At 7.4103 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.
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.
