Grand Forks · V0H1H0
$2,600/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Centrally located in downtown Grand Forks along Market Avenue, this property offers a prime value-add opportunity with strong visibility, walkability, and proximity to established local businesses. The 3,750 sq. ft. building features ~20’ ceilings and an open interior layout, providing excellent flexibility for a range of commercial or mixed-use concepts. Zoned Core Commercial (CC), the property permits retail, office, hospitality, entertainment, and residential uses, including up to 100% residential on the second floor and up to 50% on the main level. This allows for a variety of configurations including live-work, mixed-use, or full repositioning. Retain the character of the existing movie theatre or reimagine the space into a new concept such as a cafe;, restaurant, wellness studio, or boutique commercial venue! The property includes an upper-level suite with kitchen, bathroom, and laundry, offering immediate usability or holding income. Recent upgrades include a newer HVAC system (2019). An ideal opportunity for investors or owner-users seeking to reposition a well-located asset with significant upside through redevelopment or adaptive reuse.
3,750 ft²
Floor area
Other
Type
Grand Forks
Area
Listed
April 7, 2026
Nearby & Commute
12h 10m
walk to Ferarro Foods
4h 48m
bike to Columbia Gardens
15h 59m
walk to Columbia Gardens
13h 39m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 53%
| Detached | 55 | 53.4% |
| Land | 26 | 25.2% |
| Mobile home | 8 | 7.8% |
| Other | 8 | 7.8% |
| Condo / Apartment | 2 | 1.9% |
| Other | 4 | 3.9% |
| $20,000 to $24,999 | 25 | 11.1% |
| $25,000 to $29,999 | 20 | 8.9% |
| $30,000 to $34,999 | 10 | 4.4% |
| $35,000 to $39,999 | 15 | 6.7% |
| $40,000 to $44,999 | 15 | 6.7% |
| $45,000 to $49,999 | 10 | 4.4% |
| $50,000 to $59,999 | 15 | 6.7% |
| $60,000 to $69,999 | 20 | 8.9% |
| $70,000 to $79,999 | 20 | 8.9% |
| $80,000 to $89,999 | 10 | 4.4% |
| $90,000 to $99,999 | 15 | 6.7% |
| $100,000 to $124,999 | 20 | 8.9% |
| $125,000 to $149,999 | 15 | 6.7% |
| $150,000 to $199,999 | 10 | 4.4% |
| $200,000 and over | 5 | 2.2% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$2,600
Principal and interest
Calculated estimate
$2,308
Property tax
Calculated estimate
$142/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$499,000
Down payment
Calculated estimate
$99,800 (20%)
Estimated mortgage
Calculated estimate
$399,200
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
$2,600
/mo
Rate
%
Amortization
Principal and interest
$2,308
Property tax (est.)
$142
P&I
Tax
Down payment
$99,800 (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 $99,800 down (20%) on $499,000, 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.
Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
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 7.6095 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.
