SOLD (21/05/2019)

#303 7307 PROSPECTOR Avenue

Single Family For Sale in Radium Hot Springs, British Columbia

  • 2 Beds
  • 1 Baths
  • 988 Sq. Ft.
  • Built 2007
Great Value! Great Investment! Invest in this clean 2 bedroom, 1 bath, second floor condo unit in the quiet north end of Radium Hot Springs- selling far below replacement cost this unit is presently rented out to a great long term tenant who is paying $1100 month plus utilities (owner pays strata fees and land taxes). This is the perfect opportunity to build your real estate portfolio well prices are low! Why not have someone else pay your mortgage? With C-3 'Commercial Tourist Recreation' land zoning, there is future potential to look at short term rentals and/or recreational use, or continue with long term rentals. This would also make a smart and affordable purchase for a first time home buyer or those on fixed incomes. The Copper Horn Towne strata recently settled with insurance companies etc. and now has millions of dollars in the bank to do building upgrades. Strata fees have recently gone down and the future is looking very positive in this development! The unit features a huge full bathroom, in-suite laundry, and a cozy wood stove (that strata cleans the chimney twice a year and the stove was recently WETT certified)- with 988 square feet there is room to move around, and some great decks for BBQing and outdoor living. Look around Radium, the Columbia Valley, or anywhere in the Rocky Mountains and try to find a unit with this much value! The unit includes one designated outdoor parking spot and lots of visitor parking nearby! (id:4069)
Address #303 7307 PROSPECTOR Avenue
List Price $138,500
Sold Price $135,000
Sold Date 21/05/2019
Property Type Single Family
Type of Dwelling Apartment
Area British Columbia
Sub-Area Radium Hot Springs
Bedrooms 2
Bathrooms 1
Floor Area 988 Sq. Ft.
Year Built 2007
Maint. Fee $275.00
MLS® Number 2437291
Listing Brokerage Royal LePage Rockies West
Postal Code V0A1M0