- Active
504 Needham Drive
Revelstoke · Single Family
- Beds
- 3
- Baths
- 1
- Sqft
- 985
- Built
- 1930
Listed by Coldwell Banker Prestige Realty · MLS® 10396783
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Sign inAbout this home
Income-generating property on one of the last downtown riverfront lots available for development. This home is currently rented for $2,200 per month, with the tenants responsible for their own utilities. The tenancy is fixed until May 2027. The property sits on one of Revelstoke’s most desirable potential development lots, offering breathtaking 180-degree views of the Columbia River Valley, Mount Begbie, and the Monashee Mountains. The 11,044 sq. ft. lot is located just minutes from downtown while still providing a private river-bluff setting. Needham Drive is a private access road serving only two homes. A private path leads from the property to a scenic, flat waterfront beach area. The existing rancher is basic but provides steady rental income, while the lot offers excellent potential.
Home facts
- Bedrooms
- 3
- Bathrooms
- 1 full
- Interior
- 985 sq ft
- Year built
- 1930
- Storey
- 1
- Parking
- 1
- Property type
- Single Family
- Garage
- Yes
- Area
- Revelstoke
- Listed
- August 4, 2026
- Structure
- House
- PID
- 010-530-541
- Common interest
- Freehold
Highlights
- Waterfront
Features and inclusions
- Heating
- See remarks
- Roof
- Metal, Unknown
- Parking
- Attached Garage
Rooms and building
- Sewer
- Municipal sewage system
- Water
- Community Water User's Utility
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
- $4,000
- Property tax
- $250/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $4,400
Purchase snapshot
- List price
- $844,000
- Down payment
- $168,800 (20%)
- Estimated mortgage
- $675,200
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
- $3,805
- At 4.5087 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.
- Floodplain
- Mapped floodplain
- Sits in a provincially mapped floodplain. Expect flood-related insurance and financing conditions.
- 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 · 34%
Who lives here
Documents
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