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Legal suite

$954,900

331 Sibbald Street

Save this home

Beds

5

Baths

2

Sqft

Year

1964

Type

Single Family

Suite

Legal suite

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Revelstoke. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Mountain Living With Income/cashflow Potential, In the Heart of Revelstoke. Set on a quiet corner lot in one of the more desirable neighbourhoods, this 5-bedroom home offers the perfect blend of lifestyle, flexibility, and long-term value. Upstairs, you’ll find bright, comfortable living spaces designed for everyday life. Downstairs, a self-contained 2-bedroom legal suite opens the door to consistent rental income, multi-generational living, or the ability to offset your mortgage in one of BC’s strongest year-round tourism markets. Located just minutes from Revelstoke Mountain Resort, you’re never far from world-class skiing, biking, and everything that makes Revelstoke such a sought-after destination. What truly sets this home apart is the work that’s already been done for you. With major upgrades including roof, furnace, electrical, plumbing and more, you get the confidence of a move-in-ready property without the burden of unexpected costs. Whether you're looking for a full-time home, a mountain escape, or a smart investment, this property delivers on all fronts. For investors, this home can offer over a 5% cap rate, cashflow and a fantastic addition to your real estate portfolio. Book your showing today and immerse yourself in Revelstoke! (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Community
Revelstoke
Common interest
Freehold
Living area
2,024 square feet
Lot size
0.11 acres
Lot dimensions
0.11
Parking
5 total
Stories
1
Fireplace
2
On market
Mar 25, 2026
Status changed
Apr 21, 2026
Annual tax
$3,114.28
Photos
48
MLS#
10380289
Area
REVELSTOKE

Features and systems

Parking

Attached GarageHeated Garage

Basement

FullRemodeled Basement

Appliances

RefrigeratorDishwasherOven - Built-InWasher & Dryer

Heating

Baseboard heatersForced airElectric

Flooring

LaminateVinyl

Roof

Asphalt shingleUnknown

Community

Pets Allowed
Negative cash flow ~$143/mo at these assumptions

Cash on cash

-0.90%

Cap rate

4.68%

GRM

13.9

Break-even rent

$5,876

Financing

Down payment$190,980
Loan amount$763,920
Mortgage$3,871/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$438
Insurance$80
Maintenance$796
CapEx reserve$398
Vacancy loss$286

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 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 $3,871/mo at 4.5% with 20% down, 30-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 21, 2026.

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