Creston · V0B1G0
$2,995/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Investment Opportunity !! Creston and Creston Valley !!! - NEWLY Signed Lease with Options to Renew till Dec. 1 , 2040. LEASE is registered on Title . Immediate Return on your Investment . This Commercial Land and Building is situated in a prime location on Canyon Street , which is our Main Street , Hwy. 3 the only way through Creston and also our Business strip . Both vehicular and pedestrian traffic is fantastic , on this busy corner location in downtown Creston. The existing tenant , "" Kal Tire "" , has been doing business from this location for many years . A signed lease is in place for Kal Tire Corporate to remain in the building . What this means to you , is a Secure and Immediate return on your investment from this property ! Triple Net Lease with Tenant even paying Property Taxes , Insurance and M & R . Lease amount to be increased every 5 years . This well maintained Concrete Block Building with Metal Roof is Approx. 6,000 S.F. , the lot size is .41 of an acre. The lot is paved . Zoning on this property is C-1 , General Commercial . SELLER OPEN to OFFERS !!!! .
Other
Type
Creston
Area
Listed
June 27, 2023
Nearby & Commute
9 min
walk to Pealow's Your Independent Grocer
5h 40m
bike to Streetcar Museum
18h 52m
walk to Streetcar Museum
19h 14m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 53%
| Detached | 48 | 53.3% |
| Land | 11 | 12.2% |
| Farm | 9 | 10.0% |
| Mobile home | 8 | 8.9% |
| Other | 7 | 7.8% |
| Other | 7 | 7.8% |
| $15,000 to $19,999 | 5 | 1.7% |
| $20,000 to $24,999 | 35 | 12.1% |
| $25,000 to $29,999 | 20 | 6.9% |
| $30,000 to $34,999 | 15 | 5.2% |
| $35,000 to $39,999 | 20 | 6.9% |
| $40,000 to $44,999 | 20 | 6.9% |
| $45,000 to $49,999 | 20 | 6.9% |
| $50,000 to $59,999 | 35 | 12.1% |
| $60,000 to $69,999 | 25 | 8.6% |
| $70,000 to $79,999 | 25 | 8.6% |
| $80,000 to $89,999 | 20 | 6.9% |
| $90,000 to $99,999 | 10 | 3.4% |
| $100,000 to $124,999 | 20 | 6.9% |
| $125,000 to $149,999 | 10 | 3.4% |
| $150,000 to $199,999 | 10 | 3.4% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$2,995
Principal and interest
Calculated estimate
$2,678
Property tax
Calculated estimate
$167/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$579,000
Down payment
Calculated estimate
$115,800 (20%)
Estimated mortgage
Calculated estimate
$463,200
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
$2,995
/mo
Rate
%
Amortization
Principal and interest
$2,678
Property tax (est.)
$167
P&I
Tax
Down payment
$115,800 (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 $115,800 down (20%) on $579,000, 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 8.4560 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.
