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Home BC Greater Cranbrook Cranbrook
2501 12TH Street N Unit# 1009 Lot# Lot 53
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2501 12TH Street N Unit# 1009 Lot# Lot 53 $244,900
1 day ago
$244,900
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2501 12TH Street N Unit# 1009 Lot# Lot 53
Cranbrook, British Columbia V1C5X3

MLS® Number: 10374578
2
Bedrooms
1
Bathrooms
866
Square Feet

Listing Description

ATTENTION INVESTORS AND FIRST-TIME HOME BUYERS! Forest Park Estates offers a simple, proven entry point for investors seeking stable cash flow and an estimated 10% return on equity, without the headaches that often come with rentals. It also presents first-time buyers with an affordable, low-maintenance way to enter the market. This ground-floor, corner 2-bedroom condo is easy to rent and easy to manage. No stairs, in-suite laundry, and a functional layout check the boxes tenants consistently look for, helping reduce vacancy and turnover, while also making everyday living simple and accessible. The covered patio adds usable outdoor space, and the pet-friendly policy (with restrictions) broadens appeal without sacrificing building quality. What makes this a strong investment is the operational efficiency. Forest Park Estates is known for strong management, well-maintained common areas, and among the lowest strata fees in Cranbrook. Location further de-risks the purchase. The property sits within walking distance to Tamarack Centre, College of the Rockies, restaurants, and public transit, supporting consistent rental demand and convenient daily living. Whether you’re adding to a portfolio, purchasing your first rental, or buying your first home, this unit offers a straightforward, low-maintenance opportunity in a consistently popular complex. Quick possession is available, allowing you to move in or start generating income without delay. (39694796)

Property Summary

Property Type
Single Family
Building Type
Apartment
Storeys
1
Square Footage
866 sqft
Community Name
Forest Park
Neighbourhood Name
Cranbrook North
Title
Freehold
Land Size
under 1 acre
Built in
1983
Annual Property Taxes
$2,035.12
Parking Type
Stall
Time on REALTOR.ca
1 day

Building

Bathrooms
Total
1
Partial
0
Interior Features
Appliances Included
Range, Refrigerator, Dishwasher, Dryer, Washer
Flooring
Carpeted, Linoleum, Mixed Flooring
Building Features
Present Use
Community Multi-Tenant
Architecture Style
Other
Storage
Storage
Heating & Cooling
Heating Type
Baseboard heaters, (Electric)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Roof Style
Tar & gravel
Exterior Finish
Concrete Block, Vinyl siding
Neighbourhood Features
Community Features
Pet Restrictions, Pets Allowed With Restrictions
Amenities Nearby
Public Transit, Airport, Park, Recreation, Schools, Shopping
Maintenance or Condo Information
Maintenance Fees
$215.25 Monthly
Maintenance Fees Include
Reserve Fund Contributions, Property Management, Other, See Remarks
Parking
Parking Type
Stall
Total Parking Spaces
1

Measurements

Square Footage
866 sqft

Rooms

MetricImperial
Main level
4pc Bathroom
Laundry room
Bedroom
Primary Bedroom
Dining room
Kitchen
Living room

Land

Lot Features
View
Mountain view
Other Property Information
Access
Easy access
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Kevin O'Driscoll