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Investment signal

$1,450,000

1023 Scott Drive

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Beds

Baths

Sqft

Year

Type

Other

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Clearwater. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Raft River Mobile Home Park, located on 5.37 acres in Clearwater BC, includes an offer of 21 pads, quonset fourplex and house. Additional pads available for possible future expansion make this an attractive investment in a growing community. Major industries include tourism (Well's Gray Park), forestry and mining (Taseko's Yellowhead Project currently in environmental assessment with anticipation of 600+ jobs). Professional management in place and could remain. Property is serviced by water, septic and hydro. (id:65958)

Subtype
Other
Structure
Residential Commercial Mix
Community
Clearwater
On market
Mar 26, 2026
Status changed
Apr 24, 2026
Photos
5
MLS#
10380683
Area
CLEARWATER

Features and systems

Utilities

WaterElectricity
Negative cash flow ~$1,547/mo at these assumptions

Cash on cash

-6.40%

Cap rate

3.58%

GRM

16.7

Break-even rent

$8,879

Financing

Down payment$290,000
Loan amount$1,160,000
Mortgage$5,878/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$665
Insurance$80
Maintenance$1,208
CapEx reserve$604
Vacancy loss$363

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $5,878/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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