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Investment signal

$584,900

A 535 Petersen Rd

Beds

3

Baths

3

Sqft

Year

2018

About this home

Move-in ready and centrally located, this 2018 built half duplex offers a bright, functional open-concept main floor with quartz countertops, stainless steel appliances, and plenty of natural light—an inviting space for both everyday living and entertaining. Year round comfort is ensured with efficient radiant in-floor heat, and air conditioning. The home also offers a spacious laundry room, single attached garage, and a fully fenced, low-maintenance backyard with patio space—perfect for relaxing at the end of the day. Upstairs features three bedrooms, including a primary with a 4-piece ensuite, creating a comfortable and well-laid-out retreat. Just a short walk to the Campbell River Golf & Country Club, close to schools, only 5 minutes to downtown, and with quick access to the Inland Island Highway, this home delivers an exceptional balance of comfort, convenience, and value—an opportunity not to be missed for families, downsizers, or buyers looking to get into the market. (id:65958)

Subtype
Single Family
Lot size
4,356 square feet
MLS#
1031244
Area
CAMPBELL_RIVER
Negative cash flow ~$1,171/mo at these assumptions

Cash on cash

-12.01%

Cap rate

3.49%

GRM

16.7

Break-even rent

$4,158

Financing

Down payment$116,980
Loan amount$467,920
Mortgage$2,871/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$268
Insurance$80
Maintenance$487
CapEx reserve$244
Vacancy loss$146

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 $2,871/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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