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Renanza Realty
For sale

504 Needham Drive

Revelstoke, British Columbia

MLS® 10396783

$859,999

Status
Active
Property type
House
MLS® number
10396783
Bedrooms
3
Bathrooms
1
Year built
1930

Listing description

Income-generating property on one of the last downtown riverfront lots available for development. This home is currently rented for $2,200 per month, with the tenants responsible for their own utilities. The tenancy is fixed until May 2027.

The property sits on one of Revelstoke’s most desirable potential development lots, offering breathtaking 180-degree views of the Columbia River Valley, Mount Begbie, and the Monashee Mountains. The 11,044 sq. ft.

lot is located just minutes from downtown while still providing a private river-bluff setting. Needham Drive is a private access road serving only two homes. A private path leads from the property to a scenic, flat waterfront beach area.

The existing rancher is basic but provides steady rental income, while the lot offers excellent potential.

Property summary

MLS® number
10396783
Property type
Single Family
Building type
House
Square footage
985 sq ft
Title
Freehold
Land size
0.25 acres
Built in
1930
Annual property taxes
$3,740.00
Parking
1 space · Attached Garage
Days on market
45 days

Features & details

Heating
See remarks
Exterior features
Wood
Waterfront
Waterfront on river

What would this home cost you?

Based on the $859,999 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$4,001 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Coldwell Banker Prestige Realty, Vancouver.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.