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New buildInvestment signal

$684,000

A 1655 Nursery Rd

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Beds

Baths

Sqft

—

Year

2026

Type

Single Family

Suite

Investment signal

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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

An excellent opportunity to secure a pre-sale in another quality build by Andrew Rippingale. This thoughtfully designed half duplex is located in a quiet, central neighbourhood just minutes from downtown, offering both convenience and a comfortable lifestyle. Built with attention to detail, the home will feature quartz countertops throughout, an HRV system, gas furnace, electric heat pump, and a 60-gallon hot water tank, delivering modern efficiency and year-round comfort. Outside, you’ll find a fully fenced and irrigated yard, along with a covered patio complete with a gas BBQ hookup, perfect for entertaining. Photos shown are from the same floor plan built on a different property. Act now, as there may still be an opportunity to add your own custom touches. (id:65958)

Subtype: Single Family
Structure: Duplex
Community: Campbell River North
Common interest: Condo/Strata
Living area: 1,554 square feet
Lot size: 4,792 square feet
Lot dimensions: 4792
Parking: 3 total
Condo/HOA fee: $0 monthly
Fireplace: 1
On market: Apr 22, 2026
Status changed: Apr 24, 2026
Annual tax: $1,840
Zoning: Residential
Photos: 47
MLS#: 1032877
Area: CAMPBELL_RIVER

Features and systems

Parking

Garage

Heating

Heat PumpForced airElectricNatural gas

Cooling

Fully air conditioned

Lot

Central locationLevel lotPartially clearedOtherMarine Oriented

Community

Family OrientedPets Allowed With Restrictions

Negative cash flow ~$767/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.73%

Cap rate

3.52%

GRM

16.6

Break-even rent

$4,233

Financing

Down payment$136,800

Loan amount$547,200

Mortgage$2,773/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$314

Insurance$80

Maintenance$570

CapEx reserve$285

Vacancy loss$171

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 $2,773/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.