406 8507 86 STREET

Fort St. John · MLS® R3159969

2 bed · 1 bath · 780 sq ft

Condo · Single Family · built 2007 · 37 days on market

Listed by Deena Del Giusto, RE/MAX Action Realty Inc

Realtor's description

Are you looking for a turnkey investment with an established tenant? Or, are you looking for your own suite at a fraction of the cost of a hotel room? Either way, you can't beat the price of this unit when compared to renting or to the price of living in a hotel. Add this to your portfolio and enjoy the versatility this home can offer! With view from the 4th floor patio and in-suite laundry, this is a desirable unit in a well managed, established complex is in an easily accessible area of Fort St John!

Property details

Type: Condo, Single Family
Bedrooms: 2
Bathrooms: 1
Living area: 780 sq ft
Parking: 0
Year built: 2007
Property tax: $1,263 / yr
Days on market: 37
MLS®: R3159969

Features

Washer
Refrigerator
Dishwasher
Stove
Dryer

Price check

Below typical for the area (-29%)

2026 assessment: $132,300 · asking is -13%
Price per sq ft: $147 vs $209 median for condos in Fort St. John for sale (15)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 37 days

The market here

Listed now: 49 days; median for 15 condos for sale; this one 37 days

Condos in Fort St. John. Sale prices register 1 to 3 months after a sale closes.

Monthly cost

$606/mo

Mortgage $501 · Tax $105

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$501/ monthly

loan $92,000

25-year amortization

down payment20% · $23,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $58,313
property transfer tax: $1,150; BC general rate
cash to close: $24,150; down + PTT
total paid: $150,313

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

If you rented it out

Rent: $1,196/mo
After all costs: $459/mo
Cap rate: 10.0%; yearly net rent ÷ price

Rent / moDown payment %Rate %

Costs: mortgage $501 · tax $105 · insurance ~$35 · vacancy 3% · upkeep 5%.

Rent starts at CMHC's average for a 2-bedroom in Fort St. John (CMHC Rental Market Survey, October 2025). Averages include long-time tenants, so new leases usually ask more; houses usually rent for more than apartments. 25-year mortgage; rental purchases need at least 20% down.

BC rules for landlords

Short-term rentals are limited to the host's principal residence in most communities. gov.bc.ca
Rent increases are capped once a year at the province's set amount. gov.bc.ca
The speculation and vacancy tax applies in many areas to homes not lived in or rented out. gov.bc.ca
Selling within two years of buying can trigger the BC home flipping tax. gov.bc.ca