1118 Erickson Street
Creston, BC V0B1G0
$949,000
Property Details
Property & Lot
- Sub-type
- Multi-Family
- Lot size
- 0.26 acres
Ownership & Fees
- Property type
- Other
- Ownership
- Freehold
- Annual property tax
- $9,593.27
Interior
- Heating
- Baseboard heaters
- Fireplace
- None
Exterior & Lot
- Exterior features
- Stucco, Vinyl siding
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Features
- Additional Parking
Listing Information
- MLS®
- 10398134
- Listed
- August 20, 2026
- Time on market
- On the market for 11 days
- Data last synced
- August 28, 2026
Listing provided by: Stonehaus Realty Corp. · Data source: CREA DDF.
Description
Welcome to 1118 Erickson Street! A fantastic chance to own a multifamily 6-plex situated on a spacious 0.25 acre lot in the heart of beautiful Creston! Whether you’re looking to expand your investment portfolio, live in one unit while generating income from the others, or self-manage a cash-flowing property, this one checks the boxes. This well-maintained building features shared laundry, on-site parking, and approximately $6,500/month in rental income (currently confirming latest tenancy agreements). Opportunities like this are hard to find in a market like Creston, which has historically maintained an extremely low vacancy rate. Located in a convenient area close to shopping, schools, restaurants, parks, and everyday amenities, tenants love the accessibility and small-town lifestyle Creston offers. (id:63159)
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Erickson average
$1,097/sqft
1 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
17°C
—
Humidity 57%
Wind NW 10 km/h
Tonight
12°
Tuesday
28°
Tuesday night
14°
Wednesday
20°
Wednesday night
12°
Thursday
18°
Source: Environment and Climate Change Canada.
Population
5,583
(2021 Census)
+4.1% since 2016
Density: 663.9/km²
Dwellings: 2,810
Median household income: $58,800
After-tax: $54,400
Immigrant population: 11.8%
Top countries of origin (% of total population)
- United Kingdom2.2% · 125
- United States of America1.8% · 100
- Germany1.1% · 60
- Netherlands0.7% · 40
- China0.6% · 35
- Hungary0.4% · 20
- Poland0.4% · 20
- Mexico0.3% · 15
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
30
7/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Kootenay River Secondary | Secondary | 849 m |
| Adam Robertson Elementary | Elementary | 1.4 km |
| Yaqan Nukiy School(Independent) | Elementary | 2.5 km |
| Kootenay Valley Christian School(Independent) | Elementary/Middle | 2.6 km |
| Erickson Elementary | Elementary | 3.3 km |
| Canyon/Lister Elementary | Elementary | 4.5 km |
| Mormon Hills Elementary Secondary(Independent) | Elementary/Middle | 10.0 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (2)
- The Bay Leaf · 1403 Canyon Street776 m
- Buffalo Trails Coffee Shop · 1417 Canyon Street792 m
Cafes (3)
- Black Stone Cafe · 1521 Cook Street740 m
- Unnamed773 m
- The Brunch Club & Coffee Bar · 1015 Canyon Street780 m
Grocery (1)
- Pealow's Your Independent Grocer · 1501 Cook Street617 m
Parks (5+)
- Centennial Park · 905 Birch Street295 m
- Millennium Park498 m
- Unnamed539 m
- ʔak̓uǂni (Ah-kooth-nee) Park · 1103 Cook Street656 m
- Canyon Street Walkthrough Park763 m
Shopping (1)
- The Bargain Shop · 1119 Canyon Street764 m
Gyms (1)
- Embody Movement Studio · 1217 Canyon Street778 m
Banks & ATMs (2)
- CIBC · 1135 Canyon Street767 m
- Unnamed777 m
Nearby places data: © OpenStreetMap contributors.
School district: Kootenay Lake (SD8)
Similar Listings Nearby
No similar listings found nearby right now.
Mortgage & Ownership Cost Calculator
Minimum required: 7.4% ($69,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.