Campbell River, BC V9W5L5,161 Lonsdale Cres
Campbell River, BC V9W5L5,161 Lonsdale Cres
Campbell River, BC V9W5L5,161 Lonsdale Cres
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$670,000
Est. payment /mo
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3 Beds
1 Bath
4,123 SqFt
Active

161 Lonsdale Cres Campbell River, BC V9W5L5

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Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 4,123 sqft

Price per Sqft $162

Subdivision Campbell River Central

MLS® Listing ID 1011675

Bedrooms 3

Year Built 1977

Lot Size 10,541 Sqft

Acres 10541.0

Property Sub-Type Freehold

Source Vancouver Island Real Estate Board

Property Description

161 Lonsdale presents a rare opportunity to combine smart investment with lifestyle flexibility in one of Campbell River's most desirable neighborhoods. This unique duplex features one side already stripped and ready for renovation, while the other side is set for major upgrades, making it ideal for someone who wants to live in one unit and rent out the other. With a purchase price of $670,000 and the option of a $100,000 improvement mortgage, total financing comes to approximately $770,000. At 5% interest over a 25-year amortization, estimated monthly mortgage payments would be around $4,490. Rental income potential from both units is approximately $5,200 per month, meaning the rental income could nearly offset the mortgage, creating a self-financing investment. Located in Lonsdale, the property is close to schools, amenities, and transit, and duplexes with this level of value-add potential are extremely limited in the area. By investing in upgrades, you can significantly increase both equity and rental income while having full control over the quality and style of renovations. Whether you are an investor seeking strong long-term returns or an owner-occupier looking for a live-in, income-generating property, 161 Lonsdale offers appreciation potential, and a flexible lifestyle. For more information or to schedule a private showing, contact Kim Rollins, REALTOR®, at eXp Realty, Campbell River, BC, at 250-203-5144 (id:24570)

Location

Province BC

Zoning Duplex

Rooms

Kitchen 1.0

Extra Room 1 Main level 12'11 x 13'8 Den

Extra Room 2 Main level 12'2 x 10'0 Bedroom

Extra Room 3 Main level 11'9 x 10'0 Bedroom

Extra Room 4 Main level 4-Piece Bathroom

Extra Room 5 Main level 13'0 x 13'7 Living room

Extra Room 6 Main level 11'5 x 13'7 Kitchen

Interior

Heating Baseboard heaters

Cooling None

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Others

Ownership Freehold


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Listed by eXp Realty (CR)

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Mica Sadler

Mica Sadler

CEO | REALTOR®

+1(519) 589-3521

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161 Lonsdale Cres