- Active
5661 97 Highway
Falkland · Other
- Sqft
- 3,360
- Built
- 2009
Listed by Oakwyn Realty Okanagan-Letnick Estates · MLS® 10390687
There is more to this listing. Create a free account to see the exact location, taxes, room sizes and price history.
Sign inAbout this home
INVESTOR ALERT! Exceptional opportunity to acquire a high-quality mixed-use investment property with potential of three income streams in a prime Highway 97 location. Built in 2009, this well-maintained 3,360 sq.ft. building offers excellent visibility, easy access, and strong long-term investment potential in the heart of Falkland. The property features a commercial space on the main floor, a spacious 2-bedroom residential suite above, and a newer 1-bedroom suite below, creating diversified revenue and reducing vacancy risk. Designed for efficiency and durability, the building is serviced by municipal water, natural gas heating, central air conditioning, engineered commercial septic, ample parking, and prominent storefront exposure. Strategically positioned along one of British Columbia’s primary transportation corridors between the Okanagan and Kamloops, this income-producing property benefits from consistent local and traveller traffic. Ideal for investors seeking reliable cash flow, portfolio diversification, or owner-occupiers looking to offset expenses with rental income. Mixed-use commercial properties offering multiple revenue streams, modern construction, highway exposure, and strong holding potential are increasingly difficult to find
Home facts
- Interior
- 3,360 sq ft
- Year built
- 2009
- Property type
- Other
- Area
- Salmon Vly / Falkland
- Listed
- June 12, 2026
- Structure
- Residential Commercial Mix
- PID
- 011-256-958
Highlights
- Air conditioning
Features and inclusions
- Heating
- Forced air, See remarks
- Cooling
- Central air conditioning
- Roof
- Asphalt shingle, Unknown
- Parking
- Additional Parking
- Lot
- Irregular lot size, Pole sign
Rooms and building
- Sewer
- Septic tank
- Water
- Municipal water
- Utilities
- Water, Natural Gas, Electricity, Telephone
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
- $2,939
- Property tax
- $183/mo
- Home insurance
- $150/mo
- Estimated monthly total
- $3,272
Purchase snapshot
- List price
- $620,000
- Down payment
- $124,000 (20%)
- Estimated mortgage
- $496,000
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
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
- Extreme 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 · 63%