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Investment signal

$569,900

225 Larwood Rd

Beds

Baths

Sqft

—

Year

2003

Location

See the block, not just the house.

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About this home

PRIVATE OASIS located in the heart of Willow Point! This 3 bed, 2 bath, meticulously maintained half duplex offers a private backyard, lush gardens, landscaping, and all in an unbeatable location. The home is a bright open layout with plenty of natural light. Nestled in a family friendly neighbourhood, this property puts everything you need within walking distance while maintaining a quiet residential feel. The fully fenced yard offers a large shed that could be made into a workshop, large concrete patios for entertaining, and plenty of parking to accommodate an RV or boat. Public transit is available just outside the door to 3 public schools. Ideal for families, fist time buyers, and investors. Don't delay and view today! (id:65958)

Subtype: Single Family
Architectural style: Cape Cod
Structure: Duplex
Community: Willow Point
Common interest: Condo/Strata
Living area: 1,467 square feet
Lot size: 3,190 square feet
Lot dimensions: 3190
Parking: 4 total
Condo/HOA fee: $0 monthly
On market: Mar 13, 2026
Status changed: Apr 16, 2026
Annual tax: $3,500
Zoning: Duplex
Photos: 53
MLS#: 1028801
Area: CAMPBELL_RIVER

Features and systems

Appliances

WasherRefrigeratorStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Lot

Central locationLevel lotPrivate settingOther

Community

Family OrientedPets Allowed With Restrictions

View

City view

Negative cash flow ~$1,143/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-12.03%

Cap rate

3.48%

GRM

16.7

Break-even rent

$4,053

Financing

Down payment$113,980

Loan amount$455,920

Mortgage$2,797/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$261

Insurance$80

Maintenance$475

CapEx reserve$237

Vacancy loss$143

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 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.

Lifestyle 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 $2,797/mo at 5.49% with 20% down, 25-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 16, 2026.