Kris CurmanPowered by Motions MarketingOakwyn Realty Northwest

Active · Multi-family · Richmond

130 12000 1ST Avenue

Richmond, BC V7E3L9

$950,000

Listed today

Bedrooms
0
Bathrooms
0
Floor area
1,677 sq ft
Type
Multi-family
Year built
1988
Strata fee
$529.00/mo
Taxes
$4,530.59 (2025)
MLS®
C8082642

About this home

A rare opportunity to live above where you work or enjoy two cash-flowing tenancies in one property at Okano Court in Steveston. This 6-unit strata is self-managed with pride and offers individual strata units featuring 2-bedroom, 2-storey residential units over street-level retail units. The residential component of this strata unit is 1,153 square feet, spotless, and move-in ready with one parking stall. The commercial component houses Steveston's iconic D Original Sausage Haus, renowned for its 5th-generation family recipes and as a go-to for fine imported cheeses and meats from around the globe. This 524-square-foot street-level CRU is currently tenanted until November 2028, and the tenant would love to stay on. Possibilities abound here, whether for a homeowner who will live above and enjoy income from the CRU, a business owner who is looking to secure their next location in one of the Lower Mainland's most popular tourist locations, or an investor looking to enjoy a dual-income property.

Monthly cost estimate

Mortgage payment20% down · 4.5% · 25-yr amortization$4,206
Strata fee$529
Property taxannual ÷ 12$378
Est. monthly total$5,113
Down payment + BC property transfer taxbefore any first-time buyer exemption$207,000

Illustration only — rates change daily. Adjust in the full calculator →

Listing courtesy of RE/MAX Westcoast. View on REALTOR.ca

Powered by: REALTOR.ca

Listing data is supplied through the CREA Data Distribution Facility (DDF®) by members of CREA and is deemed reliable but not guaranteed. Information should be independently verified.

More in Richmond