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4820 LAZELLE AVENUE
Terrace British Columbia V8G1T4 Canada

$1,500,000

Active Listing ID C8071423
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10,296 square feet
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Multi-family

$1,500,000

Active Listing ID C8071423
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4820 LAZELLE AVENUE An exceptional acquisition opportunity in one of Northern British Columbia’s most stable rental markets. This well-maintained 7-unit apartment building offers seven spacious 2-bedroom, 1-bathroom suites with strong current income and proven tenant demand. With a cap rate exceeding typical B.C. averages, this property delivers an attractive blend of immediate cash flow and long-term value growth. Ideally positioned in the heart of Terrace, tenants enjoy walkable access to shops, dining, schools, and community amenities. Fully serviced with municipal water, sewer, hydro, and telecommunications, the property is protected by the City of Terrace Fire Department. Minimal owner-paid expenses and clear potential for rent optimization make this an opportunity suited to both seasoned investors and institutional buyers. Seize this rare chance to secure a premium multifamily asset in a growth-oriented regional hub. (id:203)

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Property Features

  • Facts
  • Property Sub-type: Multi-family
  • Additional Features
  • Basement
Listing Changed: 8/14/2025 6:50:20 PM GMT
Source Updated Date: 12/7/2025 4:03:50 AM GMT

Courtesy of: Katica Petersen, , Royal LePage Aspire Realty (Terr)