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$1,500,000

4820 LAZELLE AVENUE — Terrace, British Columbia

V8G1T4

10,296Sq Ft

1996Built

About This Property

Exceptional investment opportunity in one of Northern BC’s most stable rental markets. This well-maintained 7-unit apartment building features seven spacious 2-bedroom, 1-bathroom suites with strong in-place income and consistent tenant demand. This property delivers immediate cash flow with long-term upside. Centrally located in the heart of Terrace, tenants benefit from walkable access to shopping, dining, schools, and key amenities. Fully serviced with municipal water, sewer, hydro, and telecommunications, and protected by the local fire department. Low owner expenses and clear potential for rental growth make this an ideal addition to any investment portfolio. (id:63357)

Property Location

Map

Property Details

Property Type: Multi-Unit
Living Area: 10,296 sqft
Year Built: 1996
Status: Active

Location & Neighborhood

What's nearby 4820 LAZELLE AVENUE

Nearby Schools

Skeena Junior Secondary
secondary
0.6 km
Unnamed School
elementary
0.6 km
UNBC Northwest Campus
post_secondary
0.6 km

Parks & Recreation

Memorial Park
park
0.4 km

Transit Access

Bus Parking-Terrace
Bus Stop
0.6 km

Local Amenities

Dining

Mr Mikes0.4 km
Boston Pizza0.5 km

Coffee & Cafes

Unnamed0.5 km
Tim Hortons0.7 km

Grocery

Save-On-Foods0.5 km
Safeway0.7 km

Banking

BMO0.6 km
CIBC0.6 km

POI data updated 4/27/2026

Terrace Market Snapshot

126

Active Listings

$598K

Median Price

Avg Days on Market

Last updated: Apr 27, 2026

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Listed by

Royal LePage Aspire Realty (Terr)

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$1,500,000