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575 Evergreen Drive
Prince Rupert Port Edward V0V 1G0

$599,000
Commercial Sale

Main Photo: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 1: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 2: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 3: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 4: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 5: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 6: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 7: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 8: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 9: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 10: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 11: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 12: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 13: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 14: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 15: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 16: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 17: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 18: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 19: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 20: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 21: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 22: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 23: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Photo 24: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
Status:
Active
Prop. Type:
Commercial Sale
MLS® Num:
C8066956
Build. Type:
Low Rise (2-4 storeys)
Evergreen Apartments is located in sunny Port Edward, situated on an extensive flat 14,334 sq. ft. lot across from a ballpark and close to a marina. This building features eight 1-bedroom units and a common area for laundry facilities. Each unit is equipped with baseboard heating and has its own hydro meter. The property is generating cash flow, and professional property management is already in place. The gated backyard provides ample parking and storage options. With potential for optimization in the coming years, this building promises long-term value appreciation. Currently, the property is generating rental income of $5,097.87 per month.
Sale Type:
Asset
Property Type:
Commercial Sale
Commercial Type:
Multi Family
Construction:
Frame Wood
Num Storeys:
2
Building Type:
Low Rise (2-4 storeys), Mul Tenant/MultiPlex (5+)
# Units Total:
8
# Other Units:
0
# of Apartments:
8
# of Studio Apartments:
0
# of Penthouse Apartments:
0
# of Bachelor Apartments:
0
# of 4+ Bedroom Apartments:
0
# of 1 Bedroom Apartments:
8
# of 2 Bedroom Apartments:
0
# of 3 Bedroom Apartments:
0
Year built:
1970 (Age: 55)
Living Area:
0 sq. ft.
Title to Land:
Freehold
Lot Area:
13,939.2 sq. ft.
Zoning:
R2
Fencing:
Fenced
Heating:
Baseboard, Electric
Cooling:
Electric
Electricity:
Yes
Services Connected:
Cable Connected, Electricity Connected, Garbage Collection, Phone Connected, Street Lighting
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Parcel Number:
012388416
Taxes:
$1,712.25 / 2022
Outside Storage
No
3% ON THE 1ST $100,000/1.5% THEREAFTER
Water Supply:
Public
Water Rights:
No
Roof:
Asphalt
Env Assmt Phase:
No
Cap Rate %:
0.0
Gross Income:
5097.0
Oper. Expenses:
0.0
Other Income:
$0
Effective Gross Income:
$0
Net Operating Income:
$0
Original Price:
$599,000
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  • Photo 12: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Bathroom featuring a baseboard radiator, tile patterned flooring, toilet, and tile walls
  • Photo 13: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Bedroom featuring a textured ceiling and wood finished floors
  • Photo 14: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Bedroom featuring a textured ceiling and wood finished floors
  • Photo 15: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Kitchen with light wood-type flooring, white appliances, electric water heater, and gray cabinetry
  • Photo 16: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Dining room with a textured ceiling, baseboards, and wood finished floors
  • Photo 17: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Half bath featuring tile walls, toilet, vanity, a baseboard heating unit, and backsplash
  • Photo 18: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Kitchen featuring light countertops, stainless steel microwave, a sink, a textured ceiling, and dark brown cabinetry
  • Photo 19: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Kitchen featuring white appliances, a textured ceiling, open floor plan, and wood finished floors
  • Photo 20: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Living area featuring a textured ceiling and wood finished floors
  • Photo 21: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Bedroom with a textured ceiling
  • Photo 22: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Kitchen with light wood-style floors, a sink, a textured ceiling, white appliances, and under cabinet range hood
  • Photo 23: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
    Half bathroom featuring toilet, a baseboard radiator, tile patterned flooring, and vanity
  • Photo 24: 575 Evergreen Drive: Port Edward Commercial Sale for sale (Prince Rupert)  : MLS®# C8066956
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Listed by RE/MAX Coast Mountains (PR)
Data was last updated April 4, 2025 at 04:35 PM (UTC)