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Investment signal

$2,974,000

206 Mackenzie Avenue

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Beds

—

Baths

—

Sqft

—

Year

1905

Type

Other

Suite

Suite potential

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Location nearby

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

About this home

Prime commercial opportunity in the heart of Revelstoke, where the city continues to thrive and grow as a premier mountain destination. Ideally located on one of the most desirable streets with exceptional walking traffic, this property offers strong visibility and long-term investment potential. The building features two well-appointed residential suites upstairs — one 1-bedroom and one 2-bedroom — providing consistent rental income. The main level offers prime retail space, currently leased to Taco Club Restaurant, generating reliable commercial lease revenue. Well, maintained and strategically positioned in a high-demand area, this property allows you to invest with confidence while benefiting from both residential rental and commercial lease income streams. Revelstoke is a year-round destination community, attracting visitors and residents alike — making this an exceptional opportunity for an investor looking to secure a foothold in a strong and evolving market. (id:65958)

Subtype: Other
Structure: Residential Commercial Mix
Community: Revelstoke
Living area: 4,590 square feet
Parking: 2 total
On market: Mar 2, 2026
Status changed: Apr 24, 2026
Annual tax: $16,397
Photos: 18
MLS#: 10377211
Area: REVELSTOKE

Features and systems

Parking

RearStreet

Heating

ElectricSee remarks

Exterior

Other

Roof

Tar & gravelUnknown

Negative cash flow ~$3,084/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

-6.22%

Cap rate

3.62%

GRM

16.7

Break-even rent

$18,122

Financing

Down payment$594,800

Loan amount$2,379,200

Mortgage$12,055/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,363

Insurance$80

Maintenance$2,478

CapEx reserve$1,239

Vacancy loss$744

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 $12,055/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.