$ 1,855,000
231 Finlayson Street
Living area with a grey sofa, wooden dining table, four chairs, and a television on a dark cabinet. - 231 Finlayson Street, Sicamous
87 Photos
Interior room with light beige walls, a window, and a wooden floor with a baseboard heater. - 231 Finlayson Street, Sicamous
Exterior view of a two-story house with a metal roof, light gray siding, and a wooden deck. - 231 Finlayson Street, Sicamous
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231 Finlayson Street, Sicamous

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:1945)
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Property details for 231 Finlayson Street, Sicamous

Type
Multi-family
Style
Bungalow
Living Area
6,949 square feet
Lot Size
0.76
Stories
1
Heating
Baseboard heaters
Ownership
Freehold
Annual Taxes
$8,242

Nearby Listings Stat

Estimated price and comparable properties near 231 Finlayson Street

Active Listings
51
Min Price
$139,900
Max Price
$2,999,000
Avg Price
$729,097
Days on Market
118
days
Sold Listings
14
Min Sold Price
$98,500
Max Sold Price
$699,900
Avg Sold Price
$413,143
Days until Sold
219
days

Neighbourhood Census Data

Sicamous, British Columbia / Colombie-Britannique

Population
404
Median Age
58.5
Median Income
$28,416
Dwelling Value
$348,988

Housing Tenure

Owners 61%
Renters 40%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 1.9
Pop. Density: 171.6/km²
Avg Shelter Cost: $1,137/mo
Owners with Mortgage: 52.2%
Owners Spending 30%+: 0%
Tenants Spending 30%+: 40%
English only: 97.5%
English and French: 2.5%
Median Household Income: $54,528
Median Employment Income: $21,952

Price History

Listed
April 13, 2026
by Homelife Salmon Arm Realty.Com
Current Price
$1,855,000
-2.4% from last change
Type
Multi-family
For Sale
Price Changes
1
Date Price Change
Current $1,855,000 $45,000 (-2.4%)
Jun 1, 2026 $1,900,000 Listed

Contact Agent Get in touch about 231 Finlayson Street, Sicamous

Robert McKibbon
Robert McKibbon
Homelife Salmon Arm Realty.Com

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