231 Finlayson Street Sicamous, BC V0E 2V1
Listing Courtesy of:  CREA / Listed By: Homelife Salmon Arm Realty.com

  231 Finlayson Street Sicamous, BC V0E 2V1

Active (137 Days)
$1,855,000 (CAD)

Description

This well maintained 10-unit multi-family residential complex is ideally located within walking distance to Sicamous Town Beach, offering a rare investment opportunity with strong revenue potential and a welcoming community atmosphere. Comprised of six detached buildings, the property features a diverse mix of 1-, 2-, and 3-bedroom units, each with its own individual hydro meter. Significant updates have already been completed, including newer windows and doors, with more than half of the units partially or fully renovated—providing a turnkey opportunity for investors. The complex includes a thoughtfully converted former retail building now housing four bright, modern units with clean, white interiors. In addition, five separate freestanding homes offer six more rental units, each with its own unique character and private outdoor space. Tenants benefit from shared access to a generously sized storage shed and ample on-site parking. This is an exceptional opportunity to acquire a versatile, income-generating property in a desirable location. Cap Rate on list price is 7.1%. (id:41440)

MLS®:
10383153
Taxes
$8,242
Lot Size
0.76 acres
Type
Multifamily
Year Built
1970
Style
Bungalow
County
Columbia-Shuswap

Listed By

Robert McKibbon, Homelife Salmon Arm Realty.com
Source
CREA
Last checked Aug 28 2026 at 3:11 AM EDT
Bathroom Details
Interior Features
  • Refrigerator
  • Washer & Dryer
  • Range - Electric
Heating and Cooling
  • Baseboard Heaters
Flooring
  • Laminate
  • Vinyl
Exterior Features
  • Roof: Unknown
  • Roof: Metal
  • Roof: Other
Utility Information
  • Sewer: Municipal Sewage System
Parking
  • Total: 20
Stories
  • 1
Living Area
  • 6,949 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Jun 01, 2026
Price Changed
$1,855,000
-2%
-$45,000
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by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. Listing Data Last Updated: 8/27/26 20:11