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4822 Highway 49
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Beds
—
Baths
—
Sqft
15,641
Year
2000
Type
Other
On market
340d
MOTEL 49; Turn-key business with reputation for clean comfortable rooms. Great Highway 49 frontage. 2.79 acres with 43 room motel in Spirit River. Currently owner-operated. All rooms include a microwave and mini-fridge. Kitchenettes have fridge, stove, microwave. All furniture, linens (2022) and appliances are included. Room structure includes Single bedrooms, Single bedrooms w/kitchenette, Double/Queen suite, Double/Queen suite w/kitchenette. Building A has living quarters (3 bedroom 2 bathroom), the office and rooms, built in 1968. Building A had a new sewer pipe installed in Aug 2023. Building B was added in 1978 and building C is a two-story building added in 2000, with new concrete at front and electrical plug-ins for vehicles. The yard is mostly paved and has TONS of parking for commercial vehicles and equipment. Bobcat w/snow bucket, blade and sweeper is included; snow clearing is a breeze. Buildings are heated via radiant heat from HWT/boiler system; efficient. Building B and C also have A/C. Building C has metal roofing, in-floor heat and new boiler installed 2023. Commercial laundry on site for staff use. Coin laundry (coin use de-activated) for guests. Great investment property with good return and potential. Servicing commercial guests for the surrounding areas, supplemented by recreational guests such as hunters, and travellers to the Alaska Highway. Call to book your private viewing today! (id:65958)
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
Ask for 3–5 recent solds within ~1 km and the same beds/baths so the list price has context.
Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
Confirm zoning matches your intent (single-family vs duplex vs secondary suite vs commercial).
Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
Confirm the annual tax amount on the current assessment — and whether a reassessment is pending.
Insurance estimate
Get a same-day quote. Older homes, knob-and-tube wiring, polybutylene plumbing, flood plains all change the number.
Commute
Drive it (or transit it) at the actual time of day you'd commute. Map ETA lies during peak hours.
Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-6.57%
Cap rate
3.55%
GRM
16.6
Break-even rent
$5,537
Financing
Operating expenses (monthly)
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Approximation 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.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Jun 7, 2026.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Spirit River. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.