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Investment signal

$415,000

2019 Palmer Rd

Save this home

Beds

2

Baths

1

Sqft

Year

1973

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

Welcome to your opportunity to enter the market in one of Campbell River’s most desirable areas, Willow Point. Situated on the edge of Cambridge Estates, a community that everybody loves, this immaculate and well maintained 2 bedroom mobile home sits on its own lot and offers exceptional value for first time buyers, downsizers, or savvy investors. Pride of ownership is evident throughout, with a clean, comfortable interior that is truly move in ready. The functional layout makes everyday living easy, while the bright living spaces create a warm and inviting atmosphere. This property offers excellent future potential. As a mobile on its own land, the long term value lies in the lot, and in the future you have the option to build your own home here. You will not go wrong buying this property with the land it sits on. Located in the heart of Willow Point, you are just minutes from shopping, restaurants, recreation, and the ocean, offering both convenience and lifestyle. Whether you are looking for an affordable place to call home or a solid investment opportunity, this property checks all the boxes. Affordable. Comfortable. Opportunity. Kim Rollins eXp Realty 250 203 5144 kim@kimrollins.ca (id:65958)

Subtype
Single Family
Structure
House
Community
Willow Point
Common interest
Freehold
Living area
758 square feet
Lot size
6,273 square feet
Lot dimensions
6273
Parking
6 total
On market
Mar 31, 2026
Status changed
Apr 28, 2026
Annual tax
$3,629.84
Zoning
Residential
Photos
29
MLS#
1030447
Area
CAMPBELL_RIVER

Features and systems

Appliances

WasherRefrigeratorDryer

Heating

Baseboard heaters

Cooling

None

Lot

Other
Negative cash flow ~$500/mo at these assumptions

Cash on cash

-7.23%

Cap rate

3.42%

GRM

16.7

Break-even rent

$2,601

Financing

Down payment$83,000
Loan amount$332,000
Mortgage$1,682/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$190
Insurance$80
Maintenance$346
CapEx reserve$173
Vacancy loss$104

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 $1,682/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 28, 2026.

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