1/53704 KALUM STREET, Terrace
3704 KALUM STREET, Terrace, BC V8G2P5
$1.3M total
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Asset Class
Land
Size
—
Building class
A
Zoning
UR — Urban Reserve
$ / SF
—
Occupancy
99%
Lot Size
9.67 ac
About this property
Developer alert, 9.67 acres due zoned, with the Western portion enjoying R5 high density zoning, and the remainder, on the slope of Terrace Mountain and near its recreational trail network having P2 Park and Recreation Zoning, ideal for a projects social license. This location is nearby schools and downtown and will allow Western Facing units beautiful mountain views. Look no further for your premium development. Also on Residential see MLS# R3116655. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$57K
Annual cash flow
$-15K
Cash-on-cash
-3.86%
DSCR
0.79
Going-in cap
4.38%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
105,819
Households
41,285
Median income
$119,000
Median age
34.9
Daytime population
100,018
5-yr growth
3.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3704 KALUM STREET, Terrace.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.