No photos available
Legal suiteNew build

$939,000

501 Simpson Street Unit# 12

Beds

4

Baths

4.1

Sqft

Year

2026

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.

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About this home

Last A floor plan Available. Phase two now available only few units remain. Campfire Townhomes offer a rare opportunity in Revelstoke these are the only newly built townhomes in town with legal secondary suites, creating unmatched flexibility for homeowners and investors alike. The legal suite allows buyers to use rental income to help qualify for a larger mortgage, significantly increasing purchasing power while adding long-term value. Live in the main home and rent the suite for consistent monthly income, or use the entire property as a multi-generational residence, guest space, or future investment. Each home is thoughtfully designed with open-concept living, modern finishes, private outdoor space, and an oversized garage ideal for mountain gear and storage. Located alongside the Illecillewaet River and Revelstoke Greenbelt, Campfire blends nature, community, and practicality—minutes from downtown, parks, trails, and year-round recreation. Whether you’re looking to offset your mortgage, build equity faster, or secure a flexible asset in a supply-constrained market, Campfire Townhomes deliver a combination rarely found in Revelstoke real estate. Live in it. Rent it. Or do both. This is smart mountain living (id:65958)

Subtype
Single Family
Structure
Row / Townhouse
Community
Revelstoke
Common interest
Condo/Strata
Living area
1,678 square feet
Parking
2 total
Condo/HOA fee
$279.58 monthly
Stories
3
On market
Apr 14, 2026
Status changed
Apr 14, 2026
Annual tax
$0
Photos
18
MLS#
10383201
Area
REVELSTOKE

Features and systems

Parking

Attached GarageAdditional Parking

Heating

Heat Pump

Cooling

Heat Pump

Roof

Vinyl ShinglesUnknown

Lot

Balcony

Community

Pets Allowed
Negative cash flow ~$949/mo at these assumptions

Cash on cash

-6.06%

Cap rate

4.68%

GRM

13.9

Break-even rent

$6,624

Financing

Down payment$187,800
Loan amount$751,200
Mortgage$4,609/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$430
Insurance$80
Maintenance$783
CapEx reserve$391
Vacancy loss$281

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 Revelstoke. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

Mortgage estimate

Estimated $4,609/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 14, 2026.

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