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Investment signal

$9,700,000

2941 McInnes Road

Save this home

Beds

Baths

Sqft

Year

1976

Type

Other

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Revelstoke. 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 2941 McInnes Road—an extraordinary investment opportunity in the heart of the Columbia-Shuswap region. This is a four season property, just steps from Revelstoke Mountain Resort and adjacent to the 18th fairway of Cabot Revelstoke the golf course currently being built! Tremendous views, including Mt. Begbie. This 11.55-acre property offers unmatched potential with **R-LD7 – Low Density Residential zoning and is sub-dividable, making it ideal for a subdivision development or a private mountain retreat. Home and shop on property for use while you develop the property. Full package available. Call your agent. (id:65958)

Subtype
Other
Structure
Residential Commercial Mix
Community
Revelstoke
Common interest
Freehold
Lot size
11.55 acres
Lot dimensions
11.55
On market
May 26, 2025
Status changed
Apr 24, 2026
Annual tax
$12,974.39
Photos
37
MLS#
10349346
Area
REVELSTOKE

Features and systems

Roof

OtherUnknown

Lot

Cul-de-sacTreed

Community

Rural Setting
Negative cash flow ~$9,895/mo at these assumptions

Cash on cash

-6.12%

Cap rate

3.64%

GRM

16.7

Break-even rent

$58,915

Financing

Down payment$1,940,000
Loan amount$7,760,000
Mortgage$39,319/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$4,446
Insurance$80
Maintenance$8,083
CapEx reserve$4,042
Vacancy loss$2,425

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 $39,319/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 24, 2026.

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