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Investment signal

$629,000

1225 Bay Drive

Save this home

Beds

4

Baths

2

Sqft

Year

1979

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Welcome to this immaculate 4bed/2bath home in the heart of Chase, BC, offering stunning lake views and versatile living spaces. The main floor features a wall of windows and sliding glass doors spanning the entire front of the home, flooding the interior with natural light and opening onto a wraparound patio that captures the beauty of Little Shuswap lake. Perfect for entertaining or quiet evening, this seamless indoor-outdoor connection makes every day feel like a retreat. The right kitchen flows easily into the dining and living areas, all oriented to maximize the incredible views. Downstairs, a walk-out basement provides excellent potential to create a private suite-ideal for extended family or rental income. A fully fenced backyard offers a safe and welcoming space for children and pets, while the attached single-car garage adds convenience. Thoughtfully maintained and move-in ready, this home combines comfort, functionality, and a remarkable setting. Don't miss the chance to enjoy lakeview living in the vibrant community of Chase, close to local shops, golf, and recreation. Only a 35 minute drive to Kamloops to the West, and 45 min to Salmon Arm to the East, on mostly four-lane highways, stress and taxes are lower here! Come and check us out! (id:65958)

Subtype
Single Family
Architectural style
A-Frame
Structure
House
Community
Chase
Common interest
Freehold
Living area
1,965 square feet
Lot size
0.29 acres
Lot dimensions
0.29
Parking
3 total
Stories
2
On market
Jan 27, 2026
Status changed
Apr 20, 2026
Annual tax
$3,751.09
Photos
51
MLS#
10373847
Area
CHASE

Features and systems

Parking

Attached Garage

Heating

Baseboard heaters

Roof

Asphalt shingleUnknown

Community

Rentals Allowed

View

Lake viewMountain viewValley view

Utilities

WaterSewerNatural GasElectricityCableTelephone
Negative cash flow ~$712/mo at these assumptions

Cash on cash

-6.79%

Cap rate

3.51%

GRM

16.6

Break-even rent

$3,899

Financing

Down payment$125,800
Loan amount$503,200
Mortgage$2,550/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$288
Insurance$80
Maintenance$524
CapEx reserve$262
Vacancy loss$158

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 $2,550/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 20, 2026.

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