The City of Castlegar is encouraging development of a big box retail centre to serve the Columbia/Kootenay Valleys on city-owned airport lands. Adjacent to the West Kootenay Regional Airport and the recently constructed Chances Gaming Centre (casino), this land services a trade area population of 60,000 people, and is both the largest and most accessible tract of raw, flat commercial land in the West Kootenay.
Price is negotiable and depends on nature and scope of proposal. Contact the City at email@example.com for more information.
1Based on active listings, 2010 (there are no active listings as of October 2011
2Based on active listings, October, 2011
4CB Richard Ellis (www.cbre.com), 2010
Housing affordability is a key feature of being able to attract and retain labour force supply. House prices are a fraction of B.C. and Calgary housing prices while median household income (Statistics Canada, 2006 Federal Census) is only 5.8% lower than the B.C. average.
Average Residential Home Resale Price (end 2010):
Castlegar - $268,462
Kootenay Region - $256,013
B.C. - $500,000
Metro Vancouver - $763,000
Calgary metro single family - $461,000
Src: Kootenay Real Estate Board, B.C. Real Estate Association, Calgary Real Estate Board
Based on house resale prices in 2010, housing prices in Castlegar are:
Rental is also affordable, with average gross rent $572 in 2006 (Statistics Canada, 2006 Federal Census) compared to a B.C. average of $828.
Local real estate companies are a first point of contact in the search for commercial or industrial lease, land, or new construction opportunities.
Re/Max Home Advantage
1444 Columbia Avenue
Castlegar Realty Ltd
1761 Columbia Ave
Century 21 Mountainview Realty Ltd
1695 Columbia Ave
Residential real estate listings – www.mls.ca
B.C. Real Estate Association (real estate statistics) - www.bcrea.bc.ca