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Investment signal

$629,900

173 St. Paul Street

Save this home

Beds

2

Baths

2

Sqft

Year

1912

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

AFFORDABLE LIVING: The seller will carry a second mortgage at 5% for qualified buyers. (IE) If you’re approved for a $550,000 mortgage (about $3,000/month), the seller can cover the gap—for example, a $70,000 second mortgage at roughly $300–$400/month. Your total payment would be about $3,400/month, and with rental income from a fully furnished suite of $1,600–$2,000/month, your net cost drops to around $1,400–$1,800/month—potentially cheaper than renting while building equity. Quick possession available for this charming 2-storey home in a unique downtown location near the hospital and overlooking the Farmer’s Market. Main floor offers a 1-bedroom layout with an updated kitchen, heated tile floors, a skylight, and original wood finishes. Upstairs features a separate 1-bedroom suite with private entrance and great views. The lower level includes an extra bedroom, 3-piece bath, and private entry—ideal for guests or more potential rental income. Upgrades include a high-efficiency furnace, newer roof, new hot water tank, and dual heat pumps for independent climate control. Enjoy two decks with river, mountain, and city views, plus dedicated parking and permits from COK. Walking distance to shops, dining, and amenities. (id:65958)

Subtype
Single Family
Structure
House
Community
South Kamloops
Common interest
Freehold
Living area
2,125 square feet
Lot size
0.07 acres
Lot dimensions
0.07
Stories
2
On market
Jan 12, 2026
Status changed
Apr 24, 2026
Annual tax
$3,212
Photos
43
MLS#
10372583
Area
KAMLOOPS

Features and systems

Basement

Full

Heating

Forced air

Cooling

See Remarks
Negative cash flow ~$717/mo at these assumptions

Cash on cash

-6.83%

Cap rate

3.50%

GRM

16.7

Break-even rent

$3,905

Financing

Down payment$125,980
Loan amount$503,920
Mortgage$2,553/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$289
Insurance$80
Maintenance$525
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 $2,553/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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