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Investment signal

$169,000

2486 Centennial Drive

Save this home

Beds

Baths

Sqft

Year

Type

Vacant Land

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Blind Bay. 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 own piece of Paradise in the heart of beautiful Blind Bay. Looking to build a permanent residence, vacation home or investment property don't miss out on this opportunity to own a piece of the Shuswap. Prime 0.41 lot ready to build, Sloped gently from the road. With no building time restriction, build at your convenience, bring your plans! There is an approved building plan available as well! Potential in a desirable, well established neighborhood. Minutes away from golfing, marinas, beaches, boat launches, biking & hiking trails and so much more! Great building lot for a single family home in the prestigious Shuswap Lake Estates. Septic permit required. Shuswap Lake Estates Water Utility available. Building Plan layout of the land is in attachments. Please note: there is no sign on the lot due to regulations not allowing for sale signs on lots in this area. (id:65958)

Subtype
Vacant Land
Structure
Other
Community
Blind Bay
Common interest
Freehold
Lot size
0.41 acres
Lot dimensions
0.41
On market
Feb 18, 2026
Status changed
Apr 20, 2026
Annual tax
$388.75
Photos
12
MLS#
10375771
Area
BLIND_BAY

Features and systems

Utilities

WaterNatural GasElectricityCableTelephone
Positive cash flow ~$1,226/mo at these assumptions

Cash on cash

43.54%

Cap rate

13.57%

GRM

5.9

Break-even rent

$1,109

Financing

Down payment$33,800
Loan amount$135,200
Mortgage$685/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$77
Insurance$80
Maintenance$141
CapEx reserve$70
Vacancy loss$120

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 $685/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 20, 2026.

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