Rossland · V0G1Y0
$7,646/mo
Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
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Excellent Rossland / Red Mountain INVESTMENT opportunity at THE BLOCK!! This property has been substantially renovated to include 4 one-bedroom apartments for long-term rentals, 7 hostel rooms for nightly rentals (with shared common areas, laundry and storage lockers) and a campground with 6 fully serviced RV sites as well as an open field for camping! Located one minute from world-class skiing at Red Mountain Resort and one minute from the top of Rossland with biking & walking trails right out the door! The zoning on this property allows for multiple uses and it has a great CAP rate! Contact your REALTOR for more information on this great income property. **Note - room sizes and floor plans are approximate for Apartment #2 and Hostel Rooms 1,2,3,6 and 7 **
1963
Year built
Multi-family
Type
Rossland
Area
Listed
May 24, 2024
Nearby & Commute
32 min
walk to Ferarro Foods
1h 14m
bike to Columbia Gardens
4h 5m
walk to Columbia Gardens
15h 28m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Land · 38%
| Land | 30 | 38.0% |
| Condo / Apartment | 23 | 29.1% |
| Detached | 19 | 24.1% |
| Townhouse | 3 | 3.8% |
| Duplex | 1 | 1.3% |
| Other | 3 | 3.8% |
| Under $5,000 | 5 | 1.3% |
| $10,000 to $14,999 | 15 | 3.8% |
| $15,000 to $19,999 | 10 | 2.5% |
| $20,000 to $24,999 | 5 | 1.3% |
| $25,000 to $29,999 | 10 | 2.5% |
| $30,000 to $34,999 | 10 | 2.5% |
| $35,000 to $39,999 | 10 | 2.5% |
| $40,000 to $44,999 | 15 | 3.8% |
| $45,000 to $49,999 | 15 | 3.8% |
| $50,000 to $59,999 | 35 | 8.9% |
| $60,000 to $69,999 | 25 | 6.3% |
| $70,000 to $79,999 | 35 | 8.9% |
| $80,000 to $89,999 | 20 | 5.1% |
| $90,000 to $99,999 | 30 | 7.6% |
| $100,000 to $124,999 | 45 | 11.4% |
| $125,000 to $149,999 | 35 | 8.9% |
| $150,000 to $199,999 | 40 | 10.1% |
| $200,000 and over | 35 | 8.9% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$7,646
Principal and interest
Calculated estimate
$7,054
Property tax
Calculated estimate
$442/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$1,525,000
Down payment
Calculated estimate
$305,000 (20%)
Estimated mortgage
Calculated estimate
$1,220,000
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
$7,646
/mo
Rate
%
Amortization
Principal and interest
$7,054
Property tax (est.)
$442
P&I
Tax
Down payment
$305,000 (20%)
Get Pre-Approved
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 $305,000 down (20%) on $1,525,000, 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 7.9234 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.
