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Investment signal

$2,898,000

4881 ST MARY'S Street

Save this home

Beds

Baths

Sqft

Year

1958

Type

Hospitality

Suite

Investment signal

Location nearby

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

About this home

*** For more information, please click Brochure button. *** Seize the opportunity to own Destination Inn, a fully renovated and profitable hospitality business located in the heart of Radium Hot Springs, BC. Recently renovated between 2021 and 2024, this inn features modern amenities, including a grid-tied solar system and a house for owner or staff accommodations. With 22 well-designed rooms, including pet-friendly options, guests enjoy complimentary Wi-Fi, a BBQ area, an outdoor fire pit, and a large raised patio. The prime location allows easy access to local restaurants, shops, and the stunning Kootenay National Park, making it a desirable spot for tourists seeking adventure or relaxation. This lucrative investment opportunity demonstrates potential consistent profit growth, providing a seamless transition for new ownership. With features like boutique-style lodging and a family-friendly atmosphere, Destination Inn caters to diverse clientele, including outdoor enthusiasts and nature lovers. Keywords associated with this property highlight its attractiveness as a profitable hospitality venture and prime real estate in a thriving tourist destination, ensuring potential for continued revenue growth. (id:65958)

Subtype
Hospitality
Structure
Other
Community
Radium Hot Springs
Common interest
Freehold
Living area
10,000 square feet
Lot size
0.55 acres
Lot dimensions
0.55
Parking
20 total
On market
Apr 29, 2026
Status changed
Apr 29, 2026
Annual tax
$8,433.61
Photos
25
MLS#
10385222
Area
RADIUM_HOT_SPRINGS

Features and systems

Parking

StallOffsetStreet

Heating

Baseboard heatersElectric

Cooling

Wall unit

Exterior

Stucco

Roof

MetalUnknown

Lot

Corner SiteSlopingSauna

Community

Family Oriented

Utilities

WaterSewerElectricityCableTelephone

Security

Security system
Negative cash flow ~$3,003/mo at these assumptions

Cash on cash

-6.22%

Cap rate

3.62%

GRM

16.7

Break-even rent

$17,661

Financing

Down payment$579,600
Loan amount$2,318,400
Mortgage$11,747/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$1,328
Insurance$80
Maintenance$2,415
CapEx reserve$1,208
Vacancy loss$725

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.

Location nearby

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

Mortgage estimate

Estimated $11,747/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 29, 2026.

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