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Investment signal

$599,900

755 Mcgill Road Unit# 106

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Beds

Baths

Sqft

Year

Type

Retail

Suite

Investment signal

Location 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.

About this home

Prime Investment Opportunity in One of Kamloops’ Most Sought-After Commercial Locations! Discover this exceptional 1,210 sq ft commercial/retail space offering outstanding visibility and steady foot traffic. Situated near Thompson Rivers University, Superstore, major shopping hubs, and key transportation routes, this property is perfectly positioned for long-term success. Currently leased to a stable, established tenant at $25.00/sq ft (negotiable), this investment provides reliable income in a high-demand area. Whether you're looking to expand your commercial portfolio or add your first commercial asset to your rental holdings, this is the ideal opportunity. Don’t miss your chance to secure a premium property in a thriving growth corridor of Kamloops. (id:65958)

Subtype
Retail
Structure
Retail
Community
Sahali
Common interest
Condo/Strata
Living area
1,210 square feet
Condo/HOA fee
$540 monthly
On market
Apr 23, 2026
Status changed
Apr 23, 2026
Photos
7
MLS#
10384290
Area
KAMLOOPS
Negative cash flow ~$687/mo at these assumptions

Cash on cash

-6.87%

Cap rate

3.49%

GRM

16.7

Break-even rent

$3,723

Financing

Down payment$119,980
Loan amount$479,920
Mortgage$2,432/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$275
Insurance$80
Maintenance$500
CapEx reserve$250
Vacancy loss$150

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.

Mortgage estimate

Estimated $2,432/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 23, 2026.

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