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Investment signal

$965,000

3421 Highway 6 Highway

Save this home

Beds

5

Baths

3

Sqft

Year

1994

Type

Single Family

Suite

Suite potential

Location nearby

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

About this home

Great value in this spacious 5 bedroom, 3 bath, two-storey walk-out home with heated, double garage, workshop, carport and sheds. This 2,500 sq ft family home offers valley views from the large windows and deck on the west and south sides for multi-season enjoyment. With large rooms throughout, kitchen nook and separate dining and living areas, this home has a quiet elegance. It’s easy to imagine family gatherings to play games, study or work together on a hobby project. This home features many sought-after conveniences including many built-in cabinets, a gas range, cold room, electric water softener, central vac, two furnaces, a gas fireplace in the main living room, and wood stove in the lower level. The lower level is completely finished with an existing two bedroom in-law suite with kitchen featuring new fridge, and full four-piece bathroom. Accessed by the lower driveway entrance, it could be separated for multi-generational living or flexible short or long-term rental income. Outside there’s plenty of paved parking, a workshop with outbuildings, and 129 natural acres of sparsely treed rolling and steep hillside for exploring or keeping livestock. The partial fenced yard has shade trees, a grassy area, and area for garden. Woodpile storage is adjacent to the workshop with attached carport that has a storage loft perfect for off-season recreational equipment, lumber, etc. With easy access to both Lumby and Vernon, this home checks many boxes and is priced to sell! (id:65958)

Subtype
Single Family
Structure
House
Community
Lumby Valley
Common interest
Freehold
Living area
2,559 square feet
Lot size
129 acres
Lot dimensions
129
Parking
3 total
Stories
2
Fireplace
2
On market
Apr 22, 2026
Status changed
Apr 27, 2026
Annual tax
$3,181
Photos
54
MLS#
10384227
Area
LUMBY

Features and systems

Parking

Detached GarageRearRVOversizeSee RemarksAdditional Parking

Heating

StoveForced airSee remarksWood

Cooling

Central air conditioning

Community

Rentals Allowed
Negative cash flow ~$1,056/mo at these assumptions

Cash on cash

-6.57%

Cap rate

3.55%

GRM

16.7

Break-even rent

$5,937

Financing

Down payment$193,000
Loan amount$772,000
Mortgage$3,912/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$442
Insurance$80
Maintenance$804
CapEx reserve$402
Vacancy loss$241

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 $3,912/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 27, 2026.

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