616 Third Street
Revelstoke · V1E0B4
$24,962/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Revelstoke · V1E0B4
$24,962/mo

Jessica Kuan
Licensed Mortgage Broker
Estimate only. Rates and qualification depend on your application.
Schedule private showing
Book now
This multi-award winning property stands as both a cultural landmark and high-performing investment in Revelstoke's booming downtown core. Its 11,000+ sq/ft space generates exceptional cash flow, with: • Profitability: Six figures with room to grow. • Stable Tenant Mix: 8 long-term leases (up to 15 years) • Tenant Retention: 3 renewals demonstrating exceptional occupancy satisfaction • Unique Value-Add Opportunity - The Heritage Revitalization Agreement (HRA) permits a fourth-floor addition (>3,500 sq/ft) • Future-proofing as commercial demand outpaces supply The property's irreplaceable location, combined with its diversified income streams and institutional-grade tenancies, creates a rare ""set-and-forget"" investment with appreciation upside in Canada's fastest-growing mountain resort market. Originally constructed in 1914 as a school, Mountain View served the community for nearly a century! In 2017, an award-winning renovation—led by a distinguished team including a Professor of Historic Architecture, architects, engineers, and code consultants—breathed new life into this iconic property. Rarely does a property of such grandeur and historical significance become available in Western Canada—let alone within a world-class international ski destination. Mountain View is truly the crown jewel of Revelstoke’s real estate, offering unmatched prestige and functionality.
11,250 ft²
Floor area
1914
Year built
Other
Type
Revelstoke
Area
Listed
July 30, 2026
$5,045,300 is 389.1% above the Lower Mainland Composite HPI benchmark of $1,031,500 (2026-04-01).
Nearby & Commute
3 min
walk to Save-On-Foods
28 min
bike to nearest SkyTrain station
1h 35m
walk to nearest SkyTrain station
15h 57m
drive to downtown Vancouver
Estimated travel times. Map data © OpenStreetMap contributors.
Most listed
Detached · 41%
| Detached | 31 | 40.8% |
| Land | 14 | 18.4% |
| Mobile home | 9 | 11.8% |
| Condo / Apartment | 7 | 9.2% |
| Townhouse | 7 | 9.2% |
| Other | 8 | 10.5% |
| $20,000 to $24,999 | 5 | 2.4% |
| $25,000 to $29,999 | 10 | 4.8% |
| $30,000 to $34,999 | 10 | 4.8% |
| $35,000 to $39,999 | 10 | 4.8% |
| $45,000 to $49,999 | 15 | 7.1% |
| $50,000 to $59,999 | 15 | 7.1% |
| $60,000 to $69,999 | 10 | 4.8% |
| $70,000 to $79,999 | 25 | 11.9% |
| $80,000 to $89,999 | 15 | 7.1% |
| $90,000 to $99,999 | 15 | 7.1% |
| $100,000 to $124,999 | 35 | 16.7% |
| $125,000 to $149,999 | 15 | 7.1% |
| $150,000 to $199,999 | 20 | 9.5% |
| $200,000 and over | 10 | 4.8% |
A clearer view of the monthly and upfront costs connected to this home.
Monthly ownership costs
Estimated monthly total
Calculated estimate
$24,962
Principal and interest
Calculated estimate
$23,337
Property tax
Calculated estimate
$1,475/mo
Home insurance
Assumption
$150/mo
Purchase snapshot
List price
Listing data
$5,045,300
Down payment
Calculated estimate
$1,009,060 (20%)
Estimated mortgage
Calculated estimate
$4,036,240
Estimates update with the mortgage controls below. They do not include utilities, maintenance, legal fees, or other closing costs.
Mortgage estimate
Metro averages
Est. monthly total
$24,962
/mo
Rate
%
Amortization
Principal and interest
$23,337
Property tax (est.)
$1,475
P&I
Tax
Down payment
$1,009,060 (20%)
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Jessica specialises in residential financing across Greater Vancouver, helping buyers secure competitive rates and navigate complex purchases with clarity.
Jessica Kuan
Licensed Mortgage Broker

This is an estimate only and does not constitute financial advice or a mortgage offer. Based on $1,009,060 down (20%) on $5,045,300, Canadian semi-annual compounding. Property tax estimated at Greater Vancouver metro average. No strata fee on record for this listing. Home insurance, land transfer tax, and closing costs are not included. Consult a licensed mortgage professional for personalised advice. Mortgage professionals featured here are independent licensed brokers. Ray Rasouli may receive a referral fee if you choose to work with one. You are under no obligation to use any recommended provider. Full disclosure.
Variable mortgages are quoted against this.
Fixed mortgage pricing follows this.
Set by the Bank of Canada.
These are benchmark rates, not mortgage quotes. Your rate depends on the lender, the term, and your file.
At 4.4103 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.
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.