569 FORTUNE Drive
Kamloops, British Columbia
MLS® 10396585
$599,000
- Status
- Active
- Property type
- House
- MLS® number
- 10396585
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1950
1 / 18Listing description
INVESTOR ALERT! $4,500/MONTH MARKET RENT POTENTIAL! Exceptional cash-flow opportunity on a prime corner lot with future development potential.
The property may offer subdivision potential, subject to City of Kamloops approval, making it an attractive option for investors looking for both immediate rental income and long-term upside. The main floor features a spacious living room, bright kitchen and dining area, separate laundry, a full bathroom, and three bedrooms, including a primary suite with its own ensuite. The self-contained lower-level suite offers a private entrance, separate laundry, full kitchen, large living area, full bathroom, and an oversized bedroom, ideal for maximizing rental revenue.
Estimated market rental income of approximately $4,500 per month. Conveniently located near schools, shopping, transit, and other amenities. Recent updates include newer appliances, a newer roof, and a new hot water tank.
A rare opportunity to own an income-producing property with potential future redevelopment possibilities. Buyers should verify subdivision and development potential with the City of Kamloops.
Property summary
- MLS® number
- 10396585
- Property type
- Single Family
- Building type
- House
- Square footage
- 2,217 sq ft
- Title
- Freehold
- Land size
- 0.17 acres
- Built in
- 1950
- Annual property taxes
- $4,133.00
- Parking
- Street, Additional Parking
- Days on market
- 20 days
Features & details
- Heating
- Forced air, See remarks
- Basement
- Partial
- Flooring
- Laminate, Mixed Flooring
- Appliances
- Range, Washer & Dryer
- Exterior features
- Wood siding
- Lot features
- Level lot
- Architectural style
- Bungalow
What would this home cost you?
Based on the $599,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REMAX Kamloops, Kamloops.
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.