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Investment signal

$729,000

80 Masters Rd

Save this home

Beds

5

Baths

2

Sqft

Year

1965

Type

Single Family

Suite

Suite potential

Location 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.

About this home

Centrally located two story duplex-style house with upper and lower units, on a large residential lot. A circular gravel driveway provides abundant parking options. The home sits back from the road and the rear yard, with abundant lawn and mature trees at the back, is fully fenced. The lower residence is a 2 bedroom, 1 bathroom home with its own laundry. This attractive unit has large windows in the kitchen and a glass sliding door, which allow for lots of natural light into the living areas. The sliding door provides access to the backyard and patio. This lower unit has been freshened up with numerous updates in the last year, including new coat closet and bathroom doors, new entry door, fresh paint in the common spaces, laminate vinyl plank flooring in the second bedroom, and tiled floor in the laundry closet. A carport provides access to the lower residence as well as to a storage room at the back of the carport. The upper level has a large side deck over the carport that wraps around the back of the home, with the main entrance off the side deck. The deck enjoys south-west exposure, making it a nice bright space. The upper level is a 3 bedroom, 1 bathroom residence with its own laundry. The kitchen, dining and living space looks out over the backyard, with lots of natural light. The living room floor was redone about a year and a half ago. A peninsula provides separation between the kitchen and open concept dining and living space where a sliding door leads out to the deck. There is no connecting door between the two levels and they are accessed completely separately. While living like a duplex, the two units share a BC Hydro account and a hot water tank. This home would be ideal for multi-generational families. One of the units could also be used as an in-law suite, or as a mortgage helper rental unit. (id:65958)

Subtype
Single Family
Structure
House
Community
Campbell River Central
Common interest
Freehold
Living area
2,213 square feet
Lot size
14,810 square feet
Lot dimensions
14810
Parking
4 total
On market
Feb 6, 2026
Status changed
Apr 28, 2026
Annual tax
$6,600
Zoning
Residential
Photos
44
MLS#
1025210
Area
CAMPBELL_RIVER

Features and systems

Appliances

WasherRefrigeratorDishwasherStoveDryer

Heating

Baseboard heatersElectric

Cooling

None

Lot

Central locationOther
Negative cash flow ~$813/mo at these assumptions

Cash on cash

-6.69%

Cap rate

3.53%

GRM

16.6

Break-even rent

$4,506

Financing

Down payment$145,800
Loan amount$583,200
Mortgage$2,955/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$334
Insurance$80
Maintenance$608
CapEx reserve$304
Vacancy loss$183

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 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 $2,955/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 28, 2026.

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