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Investment signal

$469,900

4188 South Ashe Crescent

Beds

2

Baths

1

Sqft

Year

1973

About this home

Welcome to your perfect Shuswap retreat in the heart of Scotch Creek. This charming 2 bedroom, 1 bathroom home sits on a flat and usable 0.18 acre lot, offering space, functionality, and that laid-back lake lifestyle everyone is looking for. Offered turn-key, this property is ready for immediate enjoyment — just bring your suitcase and start making memories. Inside, you’ll find a warm and inviting living space with cozy character, a functional kitchen, and a comfortable layout ideal for full-time living or a recreational getaway. Step outside to enjoy the spacious yard, ample parking for vehicles, RVs, and all your Shuswap toys, plus a cute detached guest quarters — perfect for hosting family and friends. The location is hard to beat. Just a short walk to Scotch Creek Provincial Park and the sandy shores of the Shuswap, you’ll also enjoy nearby access to a playground, tennis and pickleball courts, local restaurants, coffee shops, pharmacy and a grocery store — everything you need right at your fingertips. Whether you're looking for a weekend escape, investment opportunity, or a place to call home, this turn-key property delivers incredible value in one of the Shuswap’s most sought-after communities. (id:65958)

Subtype
Single Family
Architectural style
Ranch
Lot size
0.18 acres
MLS#
10383670
Area
SCOTCH_CREEK
Negative cash flow ~$956/mo at these assumptions

Cash on cash

-12.21%

Cap rate

3.45%

GRM

16.7

Break-even rent

$3,357

Financing

Down payment$93,980
Loan amount$375,920
Mortgage$2,306/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$215
Insurance$80
Maintenance$392
CapEx reserve$196
Vacancy loss$118

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 $2,306/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 19, 2026.

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