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Investment signal

$489,000

376 Alexander Avenue

Beds

1

Baths

1

Sqft

Year

1949

Location

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About this home

376 Alexander Avenue is a charming 1 bedroom plus den & loft, 1 bathroom home located on a spacious end lot that offers plenty of potential for a buyer with the right vision or an investor looking to secure a prime piece of real estate in a growing area. The large front & backyards include fruit trees, an existing irrigation system, and ample space for gardening or future landscaping projects. The detached garage is equipped with a new garage door, providing secure parking or workshop use. Inside, the home features a bright open living room area with hardwood floors. The den and loft add flexibility for use as a guest room, office or hobby space, while a convenient below ground level cellar offers an additional storage room. There is an existing security system installed in the loft for added peace of mind & security. With its combination of outdoor space, garden potential, and a central location, this property is a great opportunity for a small family, or investors alike. Enjoy the convenience of being just minutes away from shopping, dining, transit, Mcdonald Park, and Mcarthur Island. Whether you choose to live in the home, generate rental income, or move forward with a new development project, this property offers remarkable versatility in a sought-after location. The property is zoned R2 which permits small-scale multi unit residential development. Sale includes stove, fridge, microwave, washer, fireplace, and security system. Vacant with quick possession possible. (id:65958)

Subtype
Single Family
Architectural style
Other
Structure
House
Community
North Kamloops
Common interest
Freehold
Living area
1,037 square feet
Lot size
0.14 acres
Lot dimensions
0.14
Parking
1 total
Stories
1.5
On market
Feb 21, 2026
Status changed
Apr 15, 2026
Annual tax
$2,966
Photos
19
MLS#
10376611
Area
KAMLOOPS

Features and systems

Parking

Detached GarageStreet

Heating

See remarks

Cooling

Window air conditioner
Negative cash flow ~$988/mo at these assumptions

Cash on cash

-12.12%

Cap rate

3.47%

GRM

16.6

Break-even rent

$3,490

Financing

Down payment$97,800
Loan amount$391,200
Mortgage$2,400/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$224
Insurance$80
Maintenance$408
CapEx reserve$204
Vacancy loss$123

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 $2,400/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 15, 2026.

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