$939,000
501 Simpson Street Unit# 12
Beds
4
Baths
4.1
Sqft
—
Year
2026
About this home
Last A floor plan Available. Phase two now available only few units remain. Campfire Townhomes offer a rare opportunity in Revelstoke these are the only newly built townhomes in town with legal secondary suites, creating unmatched flexibility for homeowners and investors alike. The legal suite allows buyers to use rental income to help qualify for a larger mortgage, significantly increasing purchasing power while adding long-term value. Live in the main home and rent the suite for consistent monthly income, or use the entire property as a multi-generational residence, guest space, or future investment. Each home is thoughtfully designed with open-concept living, modern finishes, private outdoor space, and an oversized garage ideal for mountain gear and storage. Located alongside the Illecillewaet River and Revelstoke Greenbelt, Campfire blends nature, community, and practicality—minutes from downtown, parks, trails, and year-round recreation. Whether you’re looking to offset your mortgage, build equity faster, or secure a flexible asset in a supply-constrained market, Campfire Townhomes deliver a combination rarely found in Revelstoke real estate. Live in it. Rent it. Or do both. This is smart mountain living (id:65958)
- Subtype
- Single Family
- MLS#
- 10383201
- Area
- REVELSTOKE
Cash on cash
-6.06%
Cap rate
4.68%
GRM
13.9
Break-even rent
$6,624
Financing
Operating expenses (monthly)
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
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.