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New buildInvestment signal

$1,990,000

1780 Parkcrest Avenue

Beds

—

Baths

—

Sqft

—

Year

2026

Location

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About this home

Price includes Building Permit Drawings! Development permit approved for 20 townhomes, this property is best suited for a builder or developer looking to take advantage of an opportunity to build market townhomes for sale or for rental in the ""missing middle"". With a prime location along Parkcrest Avenue, this property is situated close to elementary and high schools, on a bus route and only a short drive to city parks. Development Permit drawings available for a 5 phase, 20 unit townhome development consisting of approximately 28000sqft of gross building with a mix of 4 one bedroom, 9 two bedroom and 7 three bedroom plans. Currently, the property consists of two homes slated for demolition on a total of 28,314sqft (0.65 acres). Dimensions of the lot are 164x185. City water, city sewer, hydro, natural gas, phone and internet available at the property. Phase 1 ESA, Development Permit, Geotech, Hazmat, drawings available to qualified purchasers. (id:65958)

Subtype: Multi-family
Structure: Multi-Family
Community: Brocklehurst
Common interest: Freehold
Lot size: 0.65 acres
Lot dimensions: 0.65
On market: Apr 17, 2026
Status changed: Apr 17, 2026
Annual tax: $6,321
Photos: 30
MLS#: 10383984
Area: KAMLOOPS

Features and systems

Parking

Other

Heating

No heat

Cooling

Central air conditioning

Negative cash flow ~$3,794/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

-11.44%

Cap rate

3.60%

GRM

16.7

Break-even rent

$13,944

Financing

Down payment$398,000

Loan amount$1,592,000

Mortgage$9,767/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$912

Insurance$80

Maintenance$1,658

CapEx reserve$829

Vacancy loss$498

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

Mortgage estimate

Estimated $9,767/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 17, 2026.