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INVESTMENT & REDEVELOPMENT OPPORTUNITY! Extensively renovated income-producing property on a secure 0.5-acre lot offering approx. 6,200 sqft of total space and excellent future upside. Currently configured with 3 self-contained living spaces, each with its own kitchen, laundry, bathroom & HRV, plus 2,000+ sqft of shop/storage space. Development Permit APPROVED for 4 units, creating additional income and redevelopment potential. Over $300,000 in hard costs invested in the last 5 years including 400-AMP service, new plumbing, roof, metal siding, windows, insulation, drywall, kitchens, bathrooms, heat pumps, Navien hot water on demand & 19.8kW solar system. Features 10' ceilings, sound insulation between suites, heated/cooled garage, RV sani-dump & 30-AMP service, multiple garage doors and extensive parking. Two suites currently generate approx. $3,375/month combined. A rare turn-key investment with strong existing income and significant future potential.
Updates mentioned by the listing
- RoofUpdated (year not given)“Over $300,000 in hard costs invested in the last 5 years including 400-AMP service, new plumbing, roof, metal siding, windows, insulation, drywall, kitchens, ba”
- WindowsUpdated (year not given)“Over $300,000 in hard costs invested in the last 5 years including 400-AMP service, new plumbing, roof, metal siding, windows, insulation, drywall, kitchens, ba”
- Hot waterUpdated (year not given)“Over $300,000 in hard costs invested in the last 5 years including 400-AMP service, new plumbing, roof, metal siding, windows, insulation, drywall, kitchens, ba”
- PlumbingUpdated (year not given)“Over $300,000 in hard costs invested in the last 5 years including 400-AMP service, new plumbing, roof, metal siding, windows, insulation, drywall, kitchens, ba”
From the listing description. Ask Sean to confirm ages and receipts before you write an offer.
Highlights
- Three self-contained living spaces, each with its own kitchen, laundry, bathroom and HRV, per the listing.
- Two suites currently generate approx. $3,375/month combined, per the listing.
- Development Permit approved for 4 units, per the listing.
- Recent upgrades include 400-AMP service, new plumbing, roof, windows, heat pumps, a 19.8kW solar system and a Navien hot water system.
- Level 0.52-acre lot with an attached garage, RV parking, an RV sani-dump and 30-AMP service, per the listing.
Things to check
- Ask whether the three living spaces are legally permitted as suites, and what the approved four-unit Development Permit requires next.
- Ask for measured floor areas, as the description gives about 6,200 sq ft total while the details show 3,697 sq ft.
- Built in 1963; ask for permit records for the 400-AMP service, new plumbing and solar system.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Worth knowing: Talasa’s condos at Sun Rivers are leasehold on Tk’emlups land, with a 99-year term from 2015. Living at Talasa: condos for sale →
Overall neighbourhood score 7.7 / 10; walk & bike score 6 / 10, from how close the nearest school, park or trail, rec centre and town centre are. Scores and distances are Sean Phillips’s own straight-line measures from this home to public B.C. map data. They are not part of the MLS® listing; driving distances are longer, so please check anything that matters to you.
Main level
- Primary Bedroom17'3" x 14'10"
- Bedroom12'3" x 14'10"
- Bedroom15'0" x 14'10"
- 4pc Bathroom
- Kitchen10'2" x 15'2"
- Living room26'10" x 15'2"
- Recreation room10'8" x 60'0"
Second level
- Living room13'2" x 19'2"
- Bedroom9'0" x 14'11"
- Kitchen14'7" x 11'8"
- 4pc Bathroom
- 4pc Bathroom
Additional Accommodation
- Bedroom9'0" x 14'9"
- Living room13'2" x 20'0"
- Kitchen14'10" x 11'8"
- Price
- $1,189,900
- MLS® number
- 10398751
- Property type
- Single-family home
- Ownership
- Freehold
- Bedrooms
- 5
- Bathrooms
- 3
- Living area
- 3,697 sq ft
- Lot size
- 0.52 acres
- Year built
- 1963
- Storeys
- 2
- Parking spaces
- 10
- Annual taxes
- $5,805
- Community
- Westmount, Kamloops
- Style
- Multi-level
- Basement
- Full
- Heating
- Heat Pump, Forced air
- Parking
- Attached Garage, RV, Additional Parking
- Flooring
- Laminate, Heavy loading, Ceramic Tile, Mixed Flooring
- Roof
- Asphalt shingle, Metal
- Appliances
- Refrigerator, Dishwasher, Range, Microwave, Washer & Dryer
- Lot features
- Level lot, Central island
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Parking details
- 10 spaces in total · Attached Garage (number of garage spaces not stated in the listing), RV, Additional Parking · heated (description)
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