Property Type: OtherNEW LISTING

298 1ST AVENUE

Williams Lake, BC V2G1Y9

$1,959,000

4,000 sqftBuilt 1971
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Property Details

Property & Lot

Lot size
0.39 acres

Ownership & Fees

Property type
Other

Interior

Fireplace
None

Listing Information

MLS®
C8081637
Listed
August 31, 2026
Time on market
Listed today
Tax assessment year
2026
Data last synced
September 1, 2026

Listing provided by: RE/MAX Williams Lake Realty · Data source: CREA DDF.

Description

15-unit walk-up apartment building located on the commercial fringe of the Williams Lake downtown commercial center. Close proximity to shopping, schools, recreation facilities and all other city services. Three storey, wood frame construction on large corner lot. Built 1971, well maintained, regular maintenance program in place over the past 10 years. Ample onsite parking. Fully occupied. Great turnkey investment! (id:63159)

Values & Trends

This listing

$490/sqft

Building average

No other active listings in this building

Williams Lake average

$329/sqft

36 active listing(s)

Parking: Not indicatedStorage locker: Not indicated

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

Partly Cloudy

15°C

Partly Cloudy

Humidity 70%

Wind ESE 19 km/h

Tonight

10°

Tuesday

23°

Tuesday night

13°

Wednesday

23°

Wednesday night

12°

Thursday

19°

Source: Environment and Climate Change Canada.

Population

10,947

(2021 Census)

+1.8% since 2016

Density: 330.5/km²

Dwellings: 5,066

Median household income: $76,500

After-tax: $69,000

Immigrant population: 8.9%

Top countries of origin (% of total population)

  • India2.1% · 235
  • United States of America1.1% · 125
  • United Kingdom1% · 110
  • Philippines0.8% · 85
  • South Africa, Republic of0.4% · 45
  • Germany0.4% · 40
  • Korea, South0.3% · 35
  • Netherlands0.2% · 25

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

26

5/9 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

SchoolTypeDistance
Skyline Alternate SchoolSecondary121 m
Marie Sharpe ElementaryElementary279 m
Sacred Heart Catholic School(Independent)Elementary417 m
Lake City SecondaryElementary591 m
Columneetza Junior SecondaryMiddle1.5 km
Nesika ElementaryElementary1.7 km
Maranatha Christian School(Independent)Elementary/Middle2.1 km
Cataline ElementaryElementary2.1 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 (5+)

  • Red Tomato Pies · 360D Proctor Street288 m
  • Dumpling House324 m
  • LVY Vietnamese Pho · 19A 2nd Avenue North391 m
  • Oliver Street Bar & Grill · 23 Oliver Street421 m
  • Pind Balluchi North Indian Restaurant · 23C 1st Avenue South433 m

Grocery (1)

  • FreshCo · 451 Oliver Street712 m

Parks (2)

  • Herb Gardner Park577 m
  • Hillside Park706 m

Pharmacies (1)

  • Unnamed698 m

Banks & ATMs (5+)

  • TD · 101 2nd Avenue North292 m
  • Williams Lake Credit Union · 139 3rd Avenue North312 m
  • CIBC · 220 Oliver Street416 m
  • Scotiabank · 24 2nd Avenue South485 m
  • BMO · 35 2nd Avenue South510 m

Nearby places data: © OpenStreetMap contributors.

School district: Cariboo-Chilcotin (SD27)

Similar Listings Nearby

No similar listings found nearby right now.

Mortgage & Ownership Cost Calculator

Minimum required: 20.0% ($391,800) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$1,567,200.00
Periodic payment — Principal & Interest (monthly)$10,111.04
Additional monthly expenses (strata, tax, utilities, etc.)$200.00
Total monthly cost$10,311.04
Interest paid over 5-yr term$449,164.02
Balance at end of term$1,409,701.47

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$391,800
Stress test qualifying rate8.09%
Payment you must qualify for$12,051.22

Cash Needed at Closing

Minimum down payment$391,800
Estimated BC PTT$37,180
Legal / closing costs (typical estimate)$1,500
Total cash needed$430,480

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.

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