5661 HIGHWAY 97
Interior REALTORS® · V0E1W1
$735,000
About this residence
Investors take note! With 2 residential suites and a commercial lease space under contract to a solid Tenant, this property will offer close to a 5% CAP rate. The high quality 3360 square foot building is located just off Highway 97 in Falkland, BC, and boasts excellent visibility and access. Built in 2009, the building features a main floor retail space currently leased to a licensed Cannabis dispensary, a nicely done 2 bedroom, 1 bathroom residential suite upstairs, plus a brand new 1 bedroom, 1 bath suite in the basement. Water supply is municipal, and the septic was engineered to accommodate a high consumption Commercial enterprise. There's not much to do here other than sit back and collect your rents! (id:61366)
Property details
- Property type
- Other
- Style
- Residential Commercial Mix
- Living area
- 3,360 sq ft
- Lot size
- 0.12
- Year built
- 2009
- MLS®
- 10363939
- Board
- Interior REALTORS®
- Status
- Inactive
- Listed
- Sep 24, 2025
- Updated
- Nov 12, 2025
Features & finishes
Heating
- Forced air
- See remarks
Cooling
- Central air conditioning
Exterior
- Other
Parking
- Additional Parking
Lot
- Irregular lot size
- Pole sign
Sewer & Utilities
- Septic tank
- Electricity
- Sewer
- Natural Gas
- Telephone
- Water
Financing
Estimated monthly payment
$3,437/mo
Loan amount
$588,000
Down payment
$147,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Interior REALTORS®
Nearby
About the area
Census · V0E- 72,013
- Population
- 51
- Median age
- $73,500
- Median income
- $500,000
- Median home value
- 82%
- Home ownership
- 25 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 5661 HIGHWAY 97?
5661 HIGHWAY 97 is listed for $735,000, in Interior REALTORS®.
What type of home is 5661 HIGHWAY 97?
5661 HIGHWAY 97 is a Other, Residential Commercial Mix, built in 2009.
How large is 5661 HIGHWAY 97?
The home offers approximately 3,360 sq ft of living space on a lot measuring 0.12.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,437. Use the mortgage calculator above to model your own scenario.
What is the Interior REALTORS® area like?
Interior REALTORS® has a population of about 72,013, a median age of 51, a 82% home-ownership rate, with an average commute of about 25 minutes.
What is the average home value in Interior REALTORS®?
The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.
What is the median household income in Interior REALTORS®?
The median household income in this area is approximately $73,500.
Private viewings
Arrange a private viewing of 5661 HIGHWAY 97.
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