Investor Alert! Rare opportunity in The Terraces, a fully tenanted 6-plex in the highly desirable 55+ community of Coldstream Meadows. This quality-built, income-generating property features six beautifully maintained units: one 530 square foot studio, one 901 square foot 2-bedroom unit, and four 720 square foot 1-bedroom units—all currently rented, generating a total of $10,920/month in rental income. These units all have their own titles, and can be resold separately. NO RENTAL SPLIT. Almost guaranteed 100% occupancy.
Each unit offers its own private entrance, carport, and in-suite laundry, and showcases high-end finishes including Hardie-plank siding, 9-foot ceilings, non-slip cushion vinyl flooring, in floor radiant heat. split duct cooling , and timeless craftsman-style architecture. 5 of the 6 units has a patio area off the back bedroom with a storage room.
Located in a tranquil, park-like setting with walking trails, green spaces, and frequent wildlife sightings, Coldstream Meadows is known for its vibrant and supportive retirement lifestyle. Residents that opt-in may enjoy access to exceptional on-site amenities including a hair salon, spa, fitness center, and 24/7 staff support, with optional meal services available.
Whether you're looking to expand your real estate portfolio or secure a low-maintenance investment in a premium location, this fully rented multi-unit property offers both immediate income and long-term potential.
For sale
C$1,800,000
9108 Mackie Dr #37-42, Coldstream, BC V1B 1G9
--beds
--baths
--sqft
Multi Family
Built in 2013
-- sqft lot
$-- Zestimate®
C$--/sqft
C$1,813/mo HOA
What's special
Private entranceIn-suite laundryHigh-end finishesHardie-plank sidingNon-slip cushion vinyl flooringIn floor radiant heatTimeless craftsman-style architecture
- 12 days
- on Zillow |
- 15 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 10:34am
Listed by:
Graeme Magee,
Coldwell Banker Executives Realty
Source: Association of Interior REALTORS,MLS®#: 10356380Originating MLS®#: Association of Interior REALTORS
Travel times
Facts & features
Interior
Heating
- Electric, Radiant Floor
Cooling
- Wall Unit(s)
Appliances
- Laundry: In Unit
Features
- Flooring: Vinyl
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls,1 Common Wall
Property
Parking
- Total spaces: 6
- Parking features: Carport, On Site
- Carport spaces: 6
- Details: Strata Parking Type:LCP - Limited Common Property
Accessibility
- Accessibility features: Accessibility Features, Accessible Electrical and Environmental Controls, Low Threshold Shower
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Pool features: None
- Waterfront features: None
Lot
- Size: 0.4 Acres
Details
- Additional parcels included: 029173183, 029173191, 029173205, 029173213, 029173221
- Parcel number: 029173175
- Zoning: CD-R2
- Zoning description: Multi-Family,Residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Fiber Cement
- Foundation: Concrete Perimeter
- Roof: Asphalt,Shingle
Condition
- New construction: No
- Year built: 2013
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
- Senior community: Yes
HOA
- Has HOA: No
- Services included: Association Management, Insurance, Maintenance Grounds, Reserve Fund, Sewer, Snow Removal, Trash, Water
- HOA fee: C$1,813 monthly
Location
- Region: Coldstream
Financial & listing details
- Annual tax amount: C$8,571
- Date on market: 7/24/2025
- Ownership: Freehold,Strata
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