No photos available
Investment signal

$2,199,000

699 Galerno Rd

Beds

6

Baths

5

Sqft

Year

1980

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

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About this home

Welcome to 699 Galerno Road—an extensively renovated coastal masterpiece offering over 5,500 sq ft of luxurious West Coast living with panoramic ocean views. The main level features a stunning chef’s kitchen with dual sinks, a massive island, and under-cabinet lighting that opens to a glass-railed patio. Upstairs has three bright bedrooms and two spa-inspired baths, including a steam shower ensuite. Below are two fully legal, self-contained suites, each with private entrances, kitchens, and baths—ideal for multigenerational living or generating over $8,000/month in rental income. Notable upgrades include sleek metal siding, LED lighting, smart layout with laundry and powder room off the kitchen. Nestled on a quiet street with dual access from Galerno Rd and Ash St, the property includes a private backyard retreat with a firepit and ocean views. Experience the best of coastal living. Videography available under the Virtual Tour tab. For an easy showing call Robert Nixon (250)287-6200 (id:65958)

Subtype
Single Family
Structure
House
Community
Campbell River Central
Common interest
Freehold
Living area
4,653 square feet
Lot size
9,279 square feet
Lot dimensions
9279
Parking
7 total
Fireplace
2
On market
Jun 28, 2025
Status changed
Apr 16, 2026
Annual tax
$9,736
Zoning
Residential
Photos
95
MLS#
1004972
Area
CAMPBELL_RIVER

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryerMicrowave

Heating

Heat PumpNatural gasHot Water

Cooling

Air Conditioned

Lot

Central locationOther

View

Mountain viewOcean view
Negative cash flow ~$4,179/mo at these assumptions

Cash on cash

-11.40%

Cap rate

3.61%

GRM

16.7

Break-even rent

$15,399

Financing

Down payment$439,800
Loan amount$1,759,200
Mortgage$10,793/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,008
Insurance$80
Maintenance$1,833
CapEx reserve$916
Vacancy loss$550

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 $10,793/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.

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