778 Central Avenue
Grand Forks, BC V0H1H0
$499,000
Property Details
Property & Lot
- Sub-type
- House
- Stories
- 2
- Lot size
- 0.24 acres
Ownership & Fees
- Property type
- Detached House
- Ownership
- Freehold
- Annual property tax
- $2,807.91
Interior
- Heating
- Forced air
- Fireplace
- Yes (1)
- Fireplace type
- Wood, Conventional
- Flooring
- Carpeted, Vinyl
Exterior & Lot
- Exterior features
- Stucco
Building
- Roof
- Asphalt shingle, Unknown
Parking
- Total spaces
- 4 — covered indicated
- Features
- Carport
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Main level | 9'8'' x 12' |
| Bedroom | Main level | 16'1'' x 13'8'' |
| Kitchen | Main level | 8'3'' x 12' |
| Family room | Main level | 15'8'' x 14' |
| 4pc Bathroom | Second level | 6'5'' x 8'2'' |
| Bedroom | Second level | 8'3'' x 12' |
| Dining room | Second level | 5'9'' x 10'2'' |
| Kitchen | Second level | 9'10'' x 10'2'' |
| Primary Bedroom | Second level | 13'4'' x 12' |
| Living room | Second level | 17'2'' x 13'8'' |
Listing Information
- MLS®
- 10395131
- Listed
- July 17, 2026
- Time on market
- On the market for 45 days
- Data last synced
- August 28, 2026
Listing provided by: Sutton Group-West Coast Realty (Langley) · Data source: CREA DDF.
Description
Investor alert or the perfect opportunity for multi-generational living! This recently renovated 4-bedroom, 2-bathroom home offers two self-contained 2-bedroom, 1-bathroom suites, each with its own private entrance, providing excellent flexibility for investors or extended families. Currently generating $3,200 per month in rental income, with tenants paying their own utilities, this property delivers strong cash flow and lower operating costs. Situated on a spacious 10,000+ sq. ft. corner lot, there's plenty of room for RV or boat parking with space left over to enjoy the outdoors or explore future possibilities. The central location is hard to beat-just minutes from elementary and secondary schools, shopping, downtown Grand Forks, and beautiful City Park, making it highly desirable for both tenants and homeowners alike. Whether you're looking to expand your investment portfolio or offset your mortgage with rental income, this versatile property checks all the boxes. Don't miss your chance to own this excellent income-producing property! (id:63159)
Values & Trends
This listing
$308/sqft
Building average
—
No other active listings in this building
Grand Forks average
$350/sqft
74 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
18°C
—
Humidity 50%
Wind NNW 2 km/h
Tonight
8°
Tuesday
26°
Tuesday night
12°
Wednesday
17°
Wednesday night
11°
Thursday
14°
Source: Environment and Climate Change Canada.
Population
4,112
(2021 Census)
+1.6% since 2016
Density: 396.5/km²
Dwellings: 1,969
Median household income: $61,600
After-tax: $56,800
Immigrant population: 9.1%
Top countries of origin (% of total population)
- United Kingdom2.4% · 100
- United States of America1.8% · 75
- Philippines0.5% · 20
- Italy0.4% · 15
- France0.2% · 10
- Germany0.2% · 10
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
52
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 |
|---|---|---|
| Walker Development Centre | Secondary | 260 m |
| Dr. D.A. Perley Elementary | Elementary | 441 m |
| Grand Forks Secondary | Secondary | 500 m |
| John A. Hutton Elementary | Elementary | 2.0 km |
| Christina Lake Elementary | Elementary | 17.3 km |
| Greenwood Elementary | Elementary | 18.9 km |
| Boundary Central Secondary | Secondary | 23.9 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+)
- Unnamed276 m
- New Century Restaurant · 7451 5th Street285 m
- The Wooden Spoon556 m
- The Borscht Bowl · 214 Market Avenue564 m
- Rumour's · 1460 Central Avenue589 m
Cafes (5+)
- The Board Room Cafe · 353 Market Avenue438 m
- Unnamed537 m
- Joga's · 236 Market Avenue546 m
- Kocomo's · 7361 2nd Street551 m
- Jitterz Coffee · 1573 Central Avenue759 m
Grocery (1)
- Save-On-Foods · 441 Central Avenue362 m
Parks (4)
- Gyro Park315 m
- Gyro Park374 m
- Grand Forks City Park437 m
- Sugimoto Park712 m
Shopping (1)
- Fields · 7320 4th Street401 m
Pharmacies (1)
- Pharmasave457 m
Banks & ATMs (2)
- Grand Forks Credit Union · 447 Market Avenue357 m
- CIBC582 m
Nearby places data: © OpenStreetMap contributors.
School district: Boundary (SD51)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($24,950) — 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.