1 / 37
Investment signal

$649,900

421/423 Alexander Avenue

Beds

3

Baths

1

Sqft

Year

1957

Location

See the block, not just the house.

Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.

Open full map

About this home

Great opportunity for investors or first-time home buyers looking for a mortgage helper! This duplex property offers flexibility, income potential, and a convenient location close to everything Kamloops has to offer.Each side features 3 bedrooms and 1 bathroom, making it ideal for families, students, or long-term tenants. One side has been newly updated and is clean, bright, and move-in ready, while the other side is currently rented, providing immediate income.Located just minutes from TRU, Royal Inland Hospital, downtown Kamloops, parks, shopping, and transit, this property offers strong rental appeal and everyday convenience.Whether you’re looking to live in one side and rent the other, expand your investment portfolio, or secure a property in a central location, this duplex offers fantastic potential.Investment opportunity + flexibility + great location. Near mirror image of both sides. *Viewing #421 upon 2nd showing & 24hrs notice required (id:65958)

Subtype
Single Family
Architectural style
Other
Structure
Duplex
Community
North Kamloops
Common interest
Freehold
Living area
2,126 square feet
Stories
2
On market
Mar 9, 2026
Status changed
Apr 13, 2026
Annual tax
$3,924
Photos
37
MLS#
10378575
Area
KAMLOOPS

Features and systems

Parking

RearAdditional Parking

Appliances

RefrigeratorRange

Heating

Forced air

Exterior

Stucco

Flooring

Mixed Flooring

Roof

Asphalt shingleUnknown
Negative cash flow ~$1,292/mo at these assumptions

Cash on cash

-11.93%

Cap rate

3.50%

GRM

16.7

Break-even rent

$4,610

Financing

Down payment$129,980
Loan amount$519,920
Mortgage$3,190/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$298
Insurance$80
Maintenance$542
CapEx reserve$271
Vacancy loss$163

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 $3,190/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 13, 2026.

We use a single cookie to remember if you’ve dismissed this notice and a no-PII analytics ping. By using this site you consent. Privacy.