$4,250,000

226 RITSON AVENUE, Quesnel, British Columbia, V2J 1B1

MLS® # C8074893

Quesnel BC, V2J 1B1

MLS® # C8074893

Property Information:

Welcome to Charlotte Manor, a well-maintained 32-unit multi-family investment property located in the heart of Quesnel, British Columbia. This building has been meticulously cared for and offers investors a stable, income-producing asset with strong fundamentals. Happy, long-term tenants contribute to consistent rental occupancy , supported by Quesnel's diverse employment base and continued demand for rental housing. The property features secure, controlled-entry access, on-site laundry facilities, tenant storage, and clean, well-maintained common areas. Efficient operations and strong rental performance provide a reliable return on investment with minimal management concerns. Charlotte Manor represents an excellent opportunity for investors seeking dependable cash flow and long-term value in a growing regional market. Cap Rate: 5.5% (id:27)

Building Features:

Style: Multiplex
Amenities: Street Lighting, Balconies

Property Features:

Property Type: Multi-family
Built in: 1970
Irregular: Yes
Lot Size: 0.90 Acres
Road Type: Paved road
Structure Type: Sidewalk
Utility Type: Hydro - At Lot Line
Parking Type: Visitor parking

Courtesy of: Sotheby's International Realty Canada

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⚠ Potential Investment Performance

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Market Price Trends

Location of 226 RITSON AVENUE, Quesnel, British Columbia, V2J 1B1

Lifestyle
Neighbourhood

Demographic Information of 226 RITSON AVENUE, Quesnel, British Columbia, V2J 1B1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$82,690.97

Average Number of Children

1.66

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

34.3 %

High school certificate or equivalent

33.82 %

Apprenticeship trade certificate/diploma

6.7 %

College/non-university certificate

16.87 %

University Degree

8.31 %

Commuter

Travel To Work

By Car

94.02 %

By Public Transit

0.0 %

By Walking

3.32 %

By Bicycle

0.0 %

By Other Methods

2.66 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

34.64 %

Houses

65.36 %

Own Vs. Rent