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Investment signal

$750,000

217 Larwood Rd

Save this home

Beds

4

Baths

3

Sqft

Year

1981

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

Discover a rare opportunity in the heart of Willow Point—this well-kept duplex-style property offers versatility, comfort, and an unbeatable location. Just a short walk from groceries, restaurants, schools, and the popular Seawalk, you’ll love the quiet setting with everyday convenience. Each side has its own driveway and updates. Side A features a refreshed kitchen and bathroom, heat pump, flooring, paint, and lighting. Side B offers a new bathroom, updated flooring, paint, and fixtures, with the original kitchen ready for your ideas. The property is fully fenced with raised garden beds, a storage shed, and plenty of room for pets. There’s also additional backyard space with potential for another structure, shop, or hobby space. Whether you’re seeking an income-producing rental, a multi-generational living solution, or the chance to live in one side while renting the other, this move-in-ready property is a special find in one of Campbell River’s most sought-after neighbourhoods. (id:65958)

Subtype
Single Family
Structure
House
Community
Willow Point
Common interest
Freehold
Living area
2,278 square feet
Lot size
8,451 square feet
Lot dimensions
8451
Parking
4 total
Fireplace
1
On market
Feb 9, 2026
Status changed
May 1, 2026
Annual tax
$4,976
Zoning
Residential
Photos
43
MLS#
1025073
Area
CAMPBELL_RIVER

Features and systems

Parking

Stall

Heating

Heat PumpBaseboard heatersElectricWood

Cooling

Air Conditioned

Lot

Central locationLevel lotOther
Negative cash flow ~$839/mo at these assumptions

Cash on cash

-6.71%

Cap rate

3.52%

GRM

16.7

Break-even rent

$4,633

Financing

Down payment$150,000
Loan amount$600,000
Mortgage$3,040/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$344
Insurance$80
Maintenance$625
CapEx reserve$313
Vacancy loss$188

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 $3,040/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 May 1, 2026.

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