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Investment signal

$584,900

A 535 Petersen Rd

Beds

3

Baths

3

Sqft

Year

2018

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

Move-in ready and centrally located, this 2018 built half duplex offers a bright, functional open-concept main floor with quartz countertops, stainless steel appliances, and plenty of natural light—an inviting space for both everyday living and entertaining. Year round comfort is ensured with efficient radiant in-floor heat, and air conditioning. The home also offers a spacious laundry room, single attached garage, and a fully fenced, low-maintenance backyard with patio space—perfect for relaxing at the end of the day. Upstairs features three bedrooms, including a primary with a 4-piece ensuite, creating a comfortable and well-laid-out retreat. Just a short walk to the Campbell River Golf & Country Club, close to schools, only 5 minutes to downtown, and with quick access to the Inland Island Highway, this home delivers an exceptional balance of comfort, convenience, and value—an opportunity not to be missed for families, downsizers, or buyers looking to get into the market. (id:65958)

Subtype
Single Family
Structure
Duplex
Community
Campbell River West
Common interest
Condo/Strata
Living area
1,336 square feet
Lot size
4,356 square feet
Lot dimensions
4356
Parking
1 total
Condo/HOA fee
$0 monthly
On market
Apr 8, 2026
Status changed
Apr 16, 2026
Annual tax
$5,073.69
Zoning
Duplex
Photos
23
MLS#
1031244
Area
CAMPBELL_RIVER

Features and systems

Parking

Garage

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Natural gasOther

Cooling

Air Conditioned

Lot

Central locationOther

Community

Family OrientedPets Allowed

View

City view
Negative cash flow ~$1,171/mo at these assumptions

Cash on cash

-12.01%

Cap rate

3.49%

GRM

16.7

Break-even rent

$4,158

Financing

Down payment$116,980
Loan amount$467,920
Mortgage$2,871/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$268
Insurance$80
Maintenance$487
CapEx reserve$244
Vacancy loss$146

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

Mortgage estimate

Estimated $2,871/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 16, 2026.

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