Castlegar · V1N1G6
$3,596/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 high-visibility retail unit at 331 Columbia Avenue, a substantial 4,080 sq ft main floor commercial space with a full basement in prime downtown Castlegar, BC. Strategically located on Columbia Avenue — one of the busiest and most visible corridors in Castlegar — this landmark property guarantees strong exposure to both high vehicle and pedestrian traffic. This well-maintained building is in excellent condition and requires nothing. It is fully leased to Lasca Natural Company, a stable long-term tenant, providing immediate and reliable cash flow with built-in annual rent increases. 4,080 sq ft main floor retail + full basement Prime frontage with excellent exposure and laneway loading access Turn-key operation in a strong downtown location surrounded by national and local tenants This turn-key commercial unit offers a unique chance to acquire a strategic, high-visibility asset with robust income and long-term stability in the heart of the Kootenays. Secure this vital piece of Castlegar’s commercial landscape!
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
$3,596
Principal and interest
Calculated estimate
$3,238
Property tax
Calculated estimate
$208/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$700,000
Down payment
Calculated estimate
$140,000 (20%)
Estimated mortgage
Calculated estimate
$560,000
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
$3,596
/mo
Rate
%
Amortization
Principal and interest
$3,238
Property tax (est.)
$208
P&I
Tax
Down payment
$140,000 (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 $140,000 down (20%) on $700,000, 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.
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.
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.
