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Investment signal

$969,000

815 Fourth Street E

Save this home

Beds

5

Baths

2

Sqft

Year

1969

Type

Single Family

Suite

Suite potential

Location 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.

About this home

This versatile property offers flexibility, comfort, and excellent rental income potential. Located in one of Revelstoke’s most desirable areas, steps from the shuttle stop, Southside Market, the skatepark, Greenbelt trails, and just minutes to Revelstoke Mountain Resort. The bright main level features 3 bedrooms, 1 full bathroom, and spacious kitchen, living room and dining areas. Outside, the newly installed cedar fence creates a private backyard space, with spectacular mountain views, while the covered carport and large shed offer convenient parking and storage. The lower level houses a newly built 2-bedroom suite with a clean, modern layout and quality finishes. The suite features a bright kitchen with a large island, generous living area and 1 full bathroom. The suite has previously rented for $2,400 per month. Recent upgrades provide peace of mind and efficiency, including a new propane furnace, upgraded electrical, new carpets and two new electric hot water heaters. With strong income potential and a prime location close to everything Revelstoke has to offer, this property is a smart investment and a welcoming place to call home. (id:65958)

Subtype
Single Family
Architectural style
Ranch
Structure
House
Community
Revelstoke
Common interest
Freehold
Living area
2,364 square feet
Lot size
0.11 acres
Lot dimensions
0.11
Parking
4 total
Stories
1
On market
Nov 4, 2025
Status changed
Apr 27, 2026
Annual tax
$3,568.24
Photos
29
MLS#
10365720
Area
REVELSTOKE

Features and systems

Parking

Carport

Basement

Full

Appliances

WasherRefrigeratorRange - ElectricDishwasherDryerMicrowave

Heating

Baseboard heatersSee remarks

Exterior

StuccoWood siding

Flooring

CarpetedVinyl

Roof

OtherUnknown

View

Mountain viewView (panoramic)
Negative cash flow ~$1,056/mo at these assumptions

Cash on cash

-6.54%

Cap rate

3.56%

GRM

16.6

Break-even rent

$5,961

Financing

Down payment$193,800
Loan amount$775,200
Mortgage$3,928/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$444
Insurance$80
Maintenance$808
CapEx reserve$404
Vacancy loss$243

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 $3,928/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 27, 2026.

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