$ 599,000

569 Fortune Drive, Kamloops

INVESTOR ALERT! $4,500/MONTH MARKET RENT POTENTIAL! Exceptional cash-flow opportunity on a prime corner lot with future development potential. The property may offer subdivision potential, subject to City of Kamloops approval, making it an attractive option for investors looking for both immediate rental income and long-term upside. The main floor features a spacious living room, bright kitchen and dining area, separate laundry, a full bathroom, and three bedrooms, including a primary suite with its own ensuite. The self-contained lower-level suite offers a private entrance, separate laundry, full kitchen, large living area, full bathroom, and an oversized bedroom, ideal for maximizing rental revenue. Estimated market rental income of approximately $4,500 per month. Conveniently located near schools, shopping, transit, and other amenities. Recent updates include newer appliances, a newer roof, and a new hot water tank. A rare opportunity to own an income-producing property with potential future redevelopment possibilities. Buyers should verify subdivision and development potential with the City of Kamloops. (id:1945)
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Property details for 569 Fortune Drive, Kamloops

Type
Residential
Style
Bungalow
Bedrooms
4
Bathrooms
2
Living Area
2,217 square feet
Lot Size
0.17
Stories
2
Basement
Partial
Parking
Street, Additional Parking
Heating
Forced air, See remarks
Exterior
Wood siding
Ownership
Freehold
Annual Taxes
$4,133

Nearby Listings Stat

Estimated price and comparable properties near 569 Fortune Drive

Active Listings
16
Min Price
$399,900
Max Price
$774,900
Avg Price
$586,425
Days on Market
150
days
Sold Listings
7
Min Sold Price
$423,800
Max Sold Price
$874,900
Avg Sold Price
$622,486
Days until Sold
33
days

Neighbourhood Census Data

Kamloops, British Columbia / Colombie-Britannique

Population
497
Median Age
38.5
Median Income
$22,976
Dwelling Value
$303,542

Housing Tenure

Owners 41%
Renters 57%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.2
Pop. Density: 2,899.6/km²
Avg Shelter Cost: $805/mo
Owners with Mortgage: 47.4%
Owners Spending 30%+: 15.8%
Tenants Spending 30%+: 76.9%
English only: 94.9%
English and French: 5.1%
Neither: 1%
Median Household Income: $37,824
Median Employment Income: $27,136

Price History

Listed
August 6, 2026
by RE/MAX Real Estate (Kamloops)
Current Price
$599,000
Type
Residential
For Sale
569 Fortune Drive

Contact Agent Get in touch about 569 Fortune Drive, Kamloops

Daljit Sadhra
Daljit Sadhra
RE/MAX Real Estate (Kamloops)