- Active
195 Lerose Street
Trail · Single Family
- Beds
- 4
- Baths
- 2
- Sqft
- 1,580
- Built
- 1937
Listed by Century 21 Kootenay Homes (2018) Ltd · MLS® 10402098
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Sign inAbout this home
INVESTOR alert! 2 units: revenue-ready 3-bedroom + den main suite and bright 1-bedroom lower suite, both vacant October 31 so you can set full market rents. Lower suite has quartz counters, upgraded cabinets, flooring, shower tile surround, and a separate entrance. Main suite offers a generous eat-in kitchen, sensible layout, excellent storage options up or down, and a small balconette. Major upgrades: new sewer line (2024) with lift station + sump system, furnace (2024) and hot water tank (2026). Two electrical panels, shared laundry, low-maintenance yard, one off-street parking spot. Quiet residential street close to bus routes and next to public stairs. Historically a consistent revenue performer with long-term tenants. Market rents approx. $1,900 up / $1,100 down (based on comparable W. Trail rental properties). Strong income potential with the bonus that you choose your tenants from day one. OR live in one unit and rent the other - mortgage helper!
Home facts
- Bedrooms
- 4
- Bathrooms
- 2 full
- Interior
- 1,580 sq ft
- Year built
- 1937
- Storeys
- 4
- Parking
- 1
- Property type
- Single Family
- Basement
- Full
- Area
- Trail
- Listed
- October 8, 2026
- Structure
- House
- PID
- 016-078-161
- Common interest
- Freehold
Features and inclusions
- Heating
- Baseboard heaters, Forced air, See remarks
- Roof
- Asphalt shingle, Unknown
- Parking
- Offset
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Municipal water
The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.
Monthly and upfront costs
Uses the posted 5-year rate (5.19%), 20% down and a 25-year amortization.
Monthly ownership costs
- Principal and interest
- $1,777
- Property tax
- $108/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $2,036
Purchase snapshot
- List price
- $375,000
- Down payment
- $75,000 (20%)
- Estimated mortgage
- $300,000
Estimates only. They leave out utilities, upkeep and closing costs.
Borrowing costs
What money costs right now
The rates behind any payment estimate on this page.
- Prime rate
- 4.45%
- Variable mortgages are quoted against this.
- 5 year bond yield
- 3.68%
- Fixed mortgage pricing follows this.
- Policy rate
- 2.25%
- Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
Source: Bank of Canada. As of 2026-09-29
Property tax
What the tax bill looks like
Municipal, regional, hospital and school rates combined.
- Estimated annual tax
- $2,821
- At 7.5216 per $1,000 of assessed value.
Estimated by applying the municipal rate to the asking price. Your actual bill is based on the BC Assessment value, which is set separately and usually differs from the sale price. Home owner grants are not included.
Source: Province of British Columbia, Local Government Statistics Schedule 702, 2026. As of 2026-01-01
Neighbourhood
Estimated travel times. Map data © OpenStreetMap contributors.
Land and hazards
What the maps say about this land
Provincial designations and mapped natural hazards at this location.
- Wildfire interface
- High risk
- In a mapped wildland-urban interface zone. Affects insurance and FireSmart requirements.
Based on where this point falls in provincial map layers, not a site survey or a formal hazard assessment. Confirm with the municipality, a professional, and your insurer before relying on it.
Source: BC Geographic Warehouse (Agricultural Land Commission, BC Wildfire Service)
Most listed
Detached · 82%
Who lives here
Documents
Pick the records you want. Ray Rasouli will email what the listing brokerage shares.
Availability is not guaranteed. Review documents with a professional.