Sicamous, Shuswap
Return to: Sicamous
231 Finlayson Street
Sicamous
V0E 2V1
$1,900,000
Multi-family
6,949 sq. ft.
built: 1970
- Status:
- Active
- Prop. Type:
- Multi-family
- MLS® Num:
- 10383153
- Year Built:
- 1970
- Photos (87)
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This well maintained 10-unit multi-family residential complex is ideally located within walking distance to Sicamous Town Beach, offering a rare investment opportunity with strong revenue potential and a welcoming community atmosphere. Comprised of six detached buildings, the property features a diverse mix of 1-, 2-, and 3-bedroom units, each with its own individual hydro meter. Significant updates have already been completed, including newer windows and doors, with more than half of the units partially or fully renovated—providing a turnkey opportunity for investors. The complex includes a thoughtfully converted former retail building now housing four bright, modern units with clean, white interiors. In addition, five separate freestanding homes offer six more rental units, each with its own unique character and private outdoor space. Tenants benefit from shared access to a generously sized storage shed and ample on-site parking. This is an exceptional opportunity to acquire a versatile, income-generating property in a desirable location. Cap Rate on list price is 7.3%. (id:2493)
- Property Type:
- Multi-family
- Common Interest:
- Freehold
- Property Attached:
- Yes
- Total Living Area:
- 6,949 sq. ft.646 m2
- Taxes:
- $8,242 / -
- Community:
- Sicamous
- Community Features:
- Rentals Allowed
- Security Features:
- Smoke Detector Only
- Structure Type:
- Multi-Family
- Appliances Included:
- Refrigerator, Range - Electric, Washer & Dryer
- Home Style:
- Bungalow
- Half Bathrooms:
- 0
- Roof:
- Metal, Other, Unknown
- Fireplace:
- No
- Floor finish:
- Laminate, Vinyl
- Heating:
- Baseboard heaters
- Roof Style:
- Metal, Other, Unknown
- # Storeys:
- 1.0
- Water:
- Municipal water
- Sewer:
- Municipal sewage system
- Lot Size:
- 0.76 acre(s)0.31 hectare(s)
- Lot Details:
- 0.76
- Total Parking Spaces:
- 20
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Listed by Homelife Salmon Arm Realty.Com
Data was last updated May 6, 2026 at 04:15 PM (UTC)
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