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73 Taren Dr 4 Unit Apartment Building $999,900 CAD ($249,975 CAD/Unit) 9.12% Cap Rate Clearwater, BC V0E 1N2

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Investment Highlights

  • Property is professionally managed

Executive Summary

Excellent fourplex investment opportunity with a strong CAP rate. This turnkey revenue property generates $7,600 per month in rental income. The property is professionally managed per month, offering minimal owner involvement, with the option for the new owner to continue with current management. One time fees for finding tenants: $500 for the single Bedroom units & $650 for the two bedroom units. Management company charges for snow removal and repairs. Specific pricing is discussed between the Landlord and Management. Situated on a large 2.3-acre site zoned MX-1 (Mixed Use) under the City of Clearwater, the property allows for multiple business and mixed-use opportunities. Full zoning details and permitted uses are outlined in the supporting documents. Showings: A minimum of 24 hours’ notice is required for all showings. All showings must be booked through Showing Time. The listing agent will coordinate directly with the management company to arrange access. Contact for further details. All measurements are approximate

Property Facts

Price $999,900 CAD
Price Per Unit $249,975 CAD
Sale Type Investment
Cap Rate 9.12%
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 2.30 AC
Building Size 4,041 SF
No. Stories 1
Year Built 1980
Zoning MX-1 - Mixed use

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 4 - -
  • Listing ID: 39592082

  • Date on Market: 2026-02-26

  • Last Updated:

  • Address: 73 Taren Dr, Clearwater, BC V0E 1N2

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