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Investment signal

$654,013

13 1424 Alder St S

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Beds

4

Baths

3

Sqft

Year

2013

Type

Single Family

Suite

Investment signal

Location nearby

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

About this home

Spacious 4 bed, 3 bath half-duplex style strata with attached garage and private yard featuring sunny evenings. The upper floor feels like a rancher with 9 ft ceilings, walk out access to the yard and 3 bed/2 bath. Flexible lower level includes bedroom, bathroom, and kitchenette—ideal for guests, students, or multi-generational living. Walk to schools, North Island College, the ocean, shopping, the Sportsplex, and nearby trail systems including Sims Creek and Beaver Lodge Lands. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Alderwood Grove
Common interest
Condo/Strata
Living area
2,211 square feet
Parking
2 total
Condo/HOA fee
$200 monthly
On market
Mar 31, 2026
Status changed
May 3, 2026
Annual tax
$3,872.22
Zoning
Residential
Photos
55
MLS#
1029962
Area
CAMPBELL_RIVER

Features and systems

Heating

Heat PumpForced airElectric

Cooling

Central air conditioning

Community

Family OrientedPets Allowed With Restrictions
Negative cash flow ~$737/mo at these assumptions

Cash on cash

-6.76%

Cap rate

3.51%

GRM

16.6

Break-even rent

$4,051

Financing

Down payment$130,803
Loan amount$523,210
Mortgage$2,651/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$300
Insurance$80
Maintenance$545
CapEx reserve$273
Vacancy loss$164

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.

Location nearby

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

Mortgage estimate

Estimated $2,651/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 May 3, 2026.

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