$800,000
765 McGill Road Unit# 106
Beds
—
Baths
—
Sqft
—
Year
—
Type
Business
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
Rarely offered parkade investment opportunity in the highly visible Sahali area, directly across from Thompson Rivers University. Located within the well-known Landmark Place, this offering includes a secure 49-stall parkade, providing an extremely passive income stream. Also included are two additional storage rooms within. The building features a vibrant mix of ground-floor commercial tenants, including restaurants, coffee shops, and other retail services. Surrounded by major amenities and within walking distance to shopping centres and public transit, this property offers strong long-term value in a prime, high-demand location. Contact for further information. (id:65958)
- Subtype
- Business
- Structure
- Other
- Community
- Sahali
- Parking
- 49 total
- Condo/HOA fee
- $536.43 monthly
- On market
- Feb 4, 2026
- Status changed
- Apr 20, 2026
- Annual tax
- $15,253
- Photos
- 18
- MLS#
- 10374678
- Area
- KAMLOOPS
Features and systems
Parking
Cash on cash
-6.67%
Cap rate
3.53%
GRM
16.7
Break-even rent
$4,936
Financing
Operating expenses (monthly)
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
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 20, 2026.