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First-time buyers or investors, this R2 zoned corner property can offer a fantastic development opportunity with city approval. Situated on a 7200 sq ft corner lot with alley access in central North Kamloops, this compact home offers upstairs and downstairs suites that are currently rented - generating a strong positive return and awaiting your personal touch. Recent updates within the last 7 years include: furnace, electrical updates, plumbing, a hot water tank, and some flooring. Additional features include a fully fenced yard that is separated for up and down use with a powered workshop. Within walking distance to Norkam Secondary School, McArthur Island Park and transportation. Don’t miss out on this prime location and potential!
Highlights
- Two suites, upstairs and downstairs, are currently rented, per the listing.
- Corner lot of 7,200 sq ft with alley access, zoned R2.
- Recent updates within the last 7 years include the furnace, electrical, plumbing, hot water tank and some flooring.
- Fully fenced yard, separated for upper and lower use, with a powered workshop.
- Town centre 540 m, Rec centre 420 m and Royal Inland Hospital 4 km away.
Things to check
- Built in 1957. Ask for the age of the tar and gravel roof and any other major work not listed.
- Ask the City whether both suites are permitted, and what the rentals require under R2 zoning.
- The listing mentions development potential with city approval. Ask what approvals would be needed for any changes.
Sean Phillips’s notes from the listing and public information. Not part of the MLS® listing. Please confirm anything important.
Sarah's tip: BC’s 20% foreign-buyer transfer tax doesn’t apply in Kamloops, because the Thompson-Nicola Regional District isn’t a specified area. Buying a home in Kamloops: the rules that matter here →
Overall neighbourhood score 8 / 10; walk & bike score 8.2 / 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 Bedroom10' x 10'
- Foyer7'4" x 5'0"
- Dining room14'0" x 12'0"
- Kitchen14'0" x 12'0"
- Living room20'0" x 11'0"
- 4pc Bathroom
Additional Accommodation
- Kitchen11'4" x 15'8"
- Living room15'2" x 15'9"
- Bedroom12'0" x 10'6"
- Primary Bedroom10'0" x 11'0"
- Full bathroom
- Price
- $514,900
- MLS® number
- 10401055
- Property type
- Single-family home
- Ownership
- Freehold
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,516 sq ft
- Lot size
- 0.17 acres
- Year built
- 1957
- Storeys
- 2
- Annual taxes
- $3,242
- Community
- North Kamloops, Kamloops
- Style
- Multi-level
- Basement
- Full
- Heating
- Forced air
- Parking
- Street, Additional Parking
- Flooring
- Mixed Flooring
- Roof
- Tar & gravel
- Water
- Municipal water
- Sewer
- Municipal sewage system
- Parking details
- Street, Additional Parking
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