Investment Property — 4 Units | $829,000
149 & 151 Pioneer Ave
Prince George, British Columbia
$829,000
Asking Price
4
Rental Units
$6,535
Gross Rent / Month
$78,420
Gross Rent / Year
149 Upstairs
Upper suite
149 Downstairs
Lower suite
151 Upstairs
Upper suite
151 Downstairs
Lower suite
Property Overview
Two side-by-side duplexes, fully tenanted
149 and 151 Pioneer Ave are two adjacent duplexes offered together as a single income-generating package. Each building has an upper and lower suite, all currently tenanted, providing immediate cash flow from day one.
Fully Tenanted
All four units are currently occupied with established tenants. No vacancy period, no lease-up risk.
Immediate Cash Flow
$6,535/month gross rental income across four units. Operating expenses are well-documented and stable.
Two Buildings, One Purchase
149 and 151 are sold together. Side-by-side lots offer long-term development or hold-and-rent flexibility.
Investor-Ready Numbers
Full income and expense disclosure. Use the calculator below to model your own mortgage terms and projected monthly profit.
Stable Expenses
All major expenses including taxes, insurance, and utilities are known and included in the calculator.
Prince George Market
Strong rental demand driven by regional employment, resource industries, and UNBC. Low vacancy historically.
Income & Expenses Summary
ItemMonthlyAnnual
Total Gross Rent (4 units)$6,535$78,420
Property Taxes($450)($5,400)
House Insurance($258)($3,100)
City Utilities($250)($3,000)
Hydro BC($39)($470)
Fortis BC($58)($700)
Telus Internet($143)($1,721)
Net Operating Income (before mortgage)$5,337$64,029
Investment Calculator
Model your own numbers
Adjust purchase price, mortgage rate, and down payment to see projected monthly profit based on current total rental income.
Purchase assumptions
Purchase price
Down payment
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Mortgage rate
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Amortization
yrs
Rental income
Total gross rent (4 units) $6,535 / month
Annual gross rent $78,420
Annual expenses
Property taxes
House insurance
City utilities
Hydro BC
Fortis BC
Telus internet
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Net profit / mo
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NOI ÷ purchase price
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Cap rate is NOI divided by purchase price, independent of financing. Green above 5%, red below 3%. Gross yield is annual rent as a percentage of price before expenses.
Scenario table — profit at different prices
Purchase priceCap rateNet profit / moAnnual
Jen Higham
Higham Walker Real Estate Group — Royal LePage Aspire Realty
For showings, questions, or to make an offer
📞 (250) 613-7207