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Investment signal

$499,900

1915 SHUMWAY Road

Save this home

Beds

1

Baths

1

Sqft

Year

1959

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

Rare country residential lot with Campbell Creek running through the backyard.On over 14,000 sq ft of CR1/CR2-zoned land, the opportunities here go well beyond the charming 1 bed plus den, 800 sq ft bungalow already in place. Live in the home while you build your dream residence on the same property, or add a garden suite or carriage suite for mortgage helping rental income. Few lots in Barnhartvale offer this combination of size, zoning flexibility, and a creek side setting. Elevated off the valley floor, this is one of Kamloops' most sought after semi rural neighbourhoods, minutes to everyday amenities, trails, parks, and the lake, with a pace of life that's hard to put a price on. The land is the opportunity. The creek is the bonus. (id:65958)

Subtype
Single Family
Architectural style
Bungalow
Structure
House
Community
Barnhartvale
Common interest
Freehold
Living area
800 square feet
Lot size
0.29 acres
Lot dimensions
0.29
Stories
1
On market
Mar 27, 2026
Status changed
Apr 25, 2026
Annual tax
$3,030.86
Photos
25
MLS#
10381020
Area
KAMLOOPS

Features and systems

Parking

OtherRVAdditional Parking

Heating

See remarks

Cooling

See Remarks

Waterfront

Waterfront on creek
Negative cash flow ~$585/mo at these assumptions

Cash on cash

-7.03%

Cap rate

3.46%

GRM

16.7

Break-even rent

$3,116

Financing

Down payment$99,980
Loan amount$399,920
Mortgage$2,026/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$229
Insurance$80
Maintenance$417
CapEx reserve$208
Vacancy loss$125

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 $2,026/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 25, 2026.

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