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Investment signal

$4,950,000

B433 CAMPBELL ISLAND

Save this home

Beds

1

Baths

2

Sqft

Year

Type

Single Family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for The Archipelago (Archipelago). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

CAMPBELL ISLAND A LEGACY PROPERTY. A 25 + acre island located in North Sans Souci, Campbell Island is divided into 5 legally severed ~5 acre lots plus right of way. Pt/Lot 2 is enhanced with a recently completed cottage compound; a 1-bdrm 2-bath main cottage, 2 self-contained guest cottages & utility structures. Masterfully planned and built, the fully winterized compound features state of the art appliances, high end fixtures/finishes throughout. The 2500 sq.ft. main cottage living, dining, kitchen, & family room, all have walk outs to surrounding decks. Also on the main floor, a 3-pc bath, a large pantry and a utility/mud room with exit to a back deck. Overlooking the living room, the second floor master bedroom suite/sitting room /office/has a 3-pc bath with walk in shower. French doors open onto a private rear balcony with outdoor shower. The balcony offers cover for a ground floor outdoor kitchen equipped with a prep bar & sink, a BBQ, smoker, & a wood burning pizza oven. Two 600 sq.ft. guest cottages each have 2nd floor sleeping lofts w clerestory windows main floor living room w kitchenettes (sink & fridge) and 3 pc. baths. Both open onto private waterside decks A network of granite stone paths and boardwalks connect the cottages to the accessory buildings; work shop, utility shed, mechanical shed, & dock house/harbour. The island has 3 superb natural harbours with docks in place in 3 locations. A gravel road leading from the north harbour links each of the lots for service access and lot enhancement. Hydro is accessible from Lot 2. All four lots have elevated building sites with spectacular sweeping views to the outer islands of North Sans Souci, the Umbrellas & the Westerns. The water surrounding Campbell is crystal clear. Swimming is superb and the area is renowned for spectacular sailing cruising and fishing. A remarkable and rare opportunity to create a superb multigenerational extended family island or an investment opportunity for the future. (id:65958)

Subtype
Single Family
Structure
House
Community
Archipelago
Condition
Insulation upgraded
Common interest
Freehold
Lot dimensions
6632.9 x 29.3 FT
Bedrooms
1 above grade
Parking
0 total
Stories
2
Fireplace
2
On market
Apr 7, 2026
Status changed
Apr 21, 2026
Annual tax
$15,544.64 (2025)
Zoning
CR
Photos
47
MLS#
X12963640
Area
THE_ARCHIPELAGO_(ARCHIPELAGO)

Features and systems

Parking

No Garage

Basement

None

Appliances

Water purifierCentral VacuumBarbequeRangeGarburatorOven - Built-InWater TreatmentWater Heater

Heating

Baseboard heatersForced airNot knownNot knownElectricPropane

Cooling

Ventilation system

Exterior

WoodShingles

Foundation

BlockPoured Concrete

Lot

Wooded areaIrregular lot sizeRockyPartially clearedLightingTrash compactorLevelSolar Equipment

Community

Fishing

View

Lake viewViewDirect Water View

Waterfront

Island

Utilities

ElectricityWirelessElectricity Connected

Security

Smoke DetectorsMonitored Alarm
Negative cash flow ~$5,088/mo at these assumptions

Cash on cash

-6.17%

Cap rate

3.63%

GRM

16.7

Break-even rent

$30,106

Financing

Down payment$990,000
Loan amount$3,960,000
Mortgage$20,065/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$2,269
Insurance$80
Maintenance$4,125
CapEx reserve$2,063
Vacancy loss$1,238

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 $20,065/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 21, 2026.

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