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Investment signal

$174,900

584 LEWIS DRIVE

Beds

4

Baths

2

Sqft

Year

1961

About this home

A great investment opportunity featuring a three-bedroom, two-bathroom home set on just over an acre overlooking Baker Creek. Enjoy a quiet, peaceful setting where you can camp by the creek, swim on hot summer days, and fish close to home — all while being centrally located and minutes from everyday amenities. With two sheds, a garden area, and a spacious yard, this property offers space to relax, gather, and enjoy a slower pace of life without sacrificing convenience. (id:65958)

Subtype
Single Family
Lot size
1.88 acres
MLS#
R3082457
Area
QUESNEL
Positive cash flow ~$1,518/mo at these assumptions

Cash on cash

52.07%

Cap rate

16.30%

GRM

5.0

Break-even rent

$1,302

Financing

Down payment$34,980
Loan amount$139,920
Mortgage$858/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$80
Insurance$80
Maintenance$146
CapEx reserve$73
Vacancy loss$145

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.

Mortgage estimate

Estimated $858/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 17, 2026.

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