About this home

MOTIVATED SELLERS! Don't miss this incredible opportunity to own an 8-unit commercial/residential building in the heart of downtown Fruitvale! Featuring 7 commercial units plus a spacious 2-bedroom + den residential apartment, this property is a standout investment in the growing Kootenay market. The building rarely has vacancies, and with several upcoming lease renewals, there is a prime opportunity to strategically increase revenue. Situated on the high-visibility corner of Main Street and Columbia Gardens Rd, this property enjoys excellent exposure and consistent foot traffic — exactly what tenants and their customers are looking for. Well-maintained mechanical systems mean fewer headaches and lower overhead, while the versatile C1 zoning opens the door to a wide range of permitted uses, offering even greater flexibility for future tenants. Three rear and two front parking stalls round out the package, providing convenient off-street parking. Whether you're a seasoned investor or looking to make your entry into the Kootenay real estate market, this property checks all the boxes. Bring an offer and get started on this fantastic endeavor! Opportunities like this don't come along often — call today for more information or to book your private showing!

Home facts

Year built: 1940
Parking: 3
Property type: Other
Area: Village of Fruitvale
Listed: April 29, 2026
Structure: Residential Commercial Mix
PID: 009-446-281

Features and inclusions

Heating: Baseboard heaters, Forced air, See remarks, Other
Cooling: Central air conditioning
Parking: Rear

Rooms and building

Water

Listed by Coldwell Banker Executives Realty. Last updated Oct 16, 2026, 10:00 AM.

The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

Monthly and upfront costs

Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.

Monthly ownership costs

Principal and interest: $3,742
Property tax: $233/mo
Home insurance: $150/mo
Estimated monthly total: $4,125

Purchase snapshot

List price: $789,500
Down payment: $157,900 (20%)
Estimated mortgage: $631,600

Estimates only. They leave out utilities, upkeep and closing costs.

Stress test this mortgage

Neighbourhood

Open the map

Walk to Walmart1h 42m

Bike to Columbia Gardens35 min

Walk to Columbia Gardens1h 56m

Drive to downtown Vancouver16h 13m

Estimated travel times. Map data © OpenStreetMap contributors.

Most listed

Detached · 61%

Homes for sale nearby, by type

Detached27 for sale

Land8 for sale

Duplex5 for sale

Other3 for sale

Townhouse1 for sale

Active listings within 8 km of this home.

Homes built in Fruitvale, by type

Single-detached57.8% · 130

Low-rise apartment33.3% · 75

Semi-detached4.4% · 10

Apartment in duplex2.2% · 5

Movable dwelling2.2% · 5

Source: Statistics Canada, 2021 Census of Population. 225 dwellings.

Who lives here

Statistics Canada area 59050108 · Fruitvale

Median age: 51
Renter households: 38%
Average household size: 2.1
Median household income: $66,000

Population (2021): 484
Median rent: $700
Owner shelter cost: $745
30%+ of income on shelter: 8%
Owner households: 65%
Households with kids: 28%
Immigrants: 3%
Post-secondary: 51%
Average home value (2021): $360,000

Breakdown

$15,000 to $19,9994.5% · 10

$20,000 to $24,99911.4% · 25

$25,000 to $29,9994.5% · 10

$30,000 to $34,9994.5% · 10

$35,000 to $39,9992.3% · 5

$40,000 to $44,9996.8% · 15

$45,000 to $49,9992.3% · 5

$50,000 to $59,9996.8% · 15

$60,000 to $69,9999.1% · 20

$70,000 to $79,9994.5% · 10

$80,000 to $89,9996.8% · 15

$90,000 to $99,9994.5% · 10

$100,000 to $124,9999.1% · 20

$125,000 to $149,9999.1% · 20

$150,000 to $199,9999.1% · 20

$200,000 and over4.5% · 10

Source: Statistics Canada, 2021 Census Profile, dissemination area 59050108.

1967 Columbia Gardens Road