Property Type: FourplexOwnership: Freehold

31-37 WEDEENE STREET

Kitimat, BC V8C1W2

$525,000

3 bed1 bath3,800 sqftBuilt 1956
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Property Details

Property & Lot

Sub-type
Fourplex
Stories
3
Lot size
13,013 square feet

Ownership & Fees

Property type
Fourplex
Ownership
Freehold
Annual property tax
$3,896.18 (2026)

Interior

Basement
Unfinished, N/A
Heating
Forced air, Natural gas
Fireplace
None

Exterior & Lot

Exterior features
Vinyl siding

Building

Foundation
Concrete Perimeter, Concrete Block
Roof
Asphalt shingle, Conventional

Parking

Features
Open

Listing Information

MLS®
R3148414
Listed
July 21, 2026
Time on market
On the market for 41 days
Tax assessment year
2026
Data last synced
August 28, 2026

Listing provided by: Royal LePage Aspire Realty (Terr) · Data source: CREA DDF.

Description

INVESTORS Centrally located 4-plex townhouse opportunity with strong rental appeal. Featuring two spacious 3-bed end units and two 2-bed middle units, each with a practical family-friendly layout. Main floor living, upstairs bedrooms, plus basement space with laundry and storage in every unit. Plenty of parking and consistent tenant demand make this a smart addition to your portfolio. (id:63159)

Values & Trends

This listing

$138/sqft

Building average

No other active listings in this building

Kitimat average

$196/sqft

9 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

14°C

Humidity 99%

Wind SE 10 km/h

Tonight

11°

Tuesday

14°

Tuesday night

10°

Wednesday

23°

Wednesday night

13°

Thursday

24°

Source: Environment and Climate Change Canada.

Population

8,236

(2021 Census)

+1.3% since 2016

Density: 34.4/km²

Dwellings: 4,381

Median household income: $103,000

After-tax: $88,000

Immigrant population: 16.6%

Top countries of origin (% of total population)

  • Portugal4.2% · 350
  • United Kingdom2.2% · 185
  • Philippines1.8% · 145
  • Germany1.3% · 105
  • United States of America0.8% · 70
  • India0.8% · 65
  • Somalia0.5% · 40
  • Italy0.4% · 30

Source: Statistics Canada, 2021 Census of Population.

Location Accessibility

Our own metric — not an official Walk Score®.

Amenities

33

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

SchoolTypeDistance
Kildala ElementaryElementary535 m
Kitimat City HighSecondary1.2 km
Nechako ElementaryElementary1.8 km
Mount Elizabeth Middle/SecondaryElementary2.3 km
St Anthony's(Independent)Elementary/Middle2.4 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 (3)

  • Mr Mikes · 525 Mountainview Square403 m
  • Sushi J · 276 city centre mall693 m
  • Chilly & Dancer Pub778 m

Cafes (1)

  • Tim Hortons · 125 city centre776 m

Grocery (2)

  • Save-On-Foods378 m
  • No Frills700 m

Parks (3)

  • Unnamed516 m
  • Unnamed681 m
  • Centennial Park789 m

Shopping (2)

  • Fields · 301 cit center660 m
  • Kitimat Mall · 276 city centre691 m

Pharmacies (1)

  • Shoppers Drug Mart · 120 City Centre751 m

Banks & ATMs (3)

  • BMO544 m
  • CIBC618 m
  • Scotiabank656 m

Nearby places data: © OpenStreetMap contributors.

School district: Coast Mountains (SD82)

Mortgage & Ownership Cost Calculator

Minimum required: 5.2% ($27,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$420,000.00
Periodic payment — Principal & Interest (monthly)$2,709.70
Additional monthly expenses (strata, tax, utilities, etc.)$514.68
Total monthly cost$3,224.38
Interest paid over 5-yr term$120,373.21
Balance at end of term$377,791.36

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$27,500
Stress test qualifying rate8.09%
Payment you must qualify for$3,825.60

Cash Needed at Closing

Minimum down payment$27,500
Estimated BC PTT$8,500
Legal / closing costs (typical estimate)$1,500
Total cash needed$37,500

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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