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Investment signal

$675,000

330 27 Street NE

Beds

Baths

Sqft

—

Year

1980

Location

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About this home

Welcome to this beautifully updated 3 bed room family home with a 1 bedroom In-Law Suite located in one of the most desirable peaceful and mature neighborhoods (Sherwood Forest). This property is in close proximity to walking trails, schools, recreation facilities, restaurants , shopping and amenities. This well-maintained home is ideal for families, investors, or those seeking mortgage helper potential. Step inside to find a home that has been carefully updated over the years, with key improvements that add both value and peace of mind. Recent upgrades include Windows in 2022, new hot water tank (2026), 200-amp electrical service and updated decks and railings (2022) The 1-bedroom in law suite features newer (2025) kitchen cabinets, making it a great space for extended family or rental income. Outside, the property truly shines: Newly paved area ( 2025) for extra parking or RV parking Fully fenced yard with raised garden beds Newer fencing along the side and back Underground irrigation system Gutter guards for low-maintenance living Carport plus extra driveway parking 2 storage sheds ( 2021) Call to book your showing! (id:65958)

Subtype: Single Family
Structure: House
Community: NE Salmon Arm
Common interest: Freehold
Living area: 1,859 square feet
Lot size: 0.17 acres
Lot dimensions: 0.17
Parking: 6 total
Stories: 2
On market: Apr 14, 2026
Status changed: Apr 14, 2026
Annual tax: $3,414
Photos: 44
MLS#: 10381251
Area: SALMON_ARM

Features and systems

Parking

BreezewayAdditional Parking

Basement

FullRemodeled Basement

Appliances

RefrigeratorDishwasherOvenWasher/Dryer Stack-Up

Heating

Forced airSee remarks

Cooling

Central air conditioning

Exterior

Wood

Flooring

CarpetedVinyl

Roof

Asphalt shingleUnknown

Lot

Level lot

Community

Family Oriented

Negative cash flow ~$1,340/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

-11.91%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,785

Financing

Down payment$135,000

Loan amount$540,000

Mortgage$3,313/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$309

Insurance$80

Maintenance$563

CapEx reserve$281

Vacancy loss$169

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 Salmon Arm. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $3,313/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 14, 2026.