64 Centre Avenue
Kamloops, BC V2C1V2
$649,000
Property Details
Property & Lot
- Sub-type
- Other
- Lot size
- 0.14 acres
Ownership & Fees
- Property type
- Land / Lot
- Ownership
- Freehold
- Annual property tax
- $2,480.97
Interior
- Fireplace
- None
Listing Information
- MLS®
- 10398267
- Listed
- August 19, 2026
- Time on market
- On the market for 12 days
- Data last synced
- August 28, 2026
Listing provided by: Royal LePage Westwin Realty · Data source: CREA DDF.
Description
64 Centre Ave offers a prime 5 unit townhouse development site situated in the geographic heart of Kamloops' West End. Positioned at a ready for development stage with City of Kamloops preliminary approvals secured for a 5 plex strata project, this property allows builders to step directly into immediate project planning. Existing architectural work is available for review, yet the site affords complete flexibility for developers to bring their own custom vision and execute their highest and best strategy. A 5 unit multi family development in this physical location is ideal for modern infill density and developer return. Whether your approach involves a custom townhouse build for a strata sell off upon completion, or holding 5 units for long term passive rental revenue, this land provides an ideal foundation to maximize your capital. The location delivers outstanding underlying real estate fundamentals. Situated a stone's throw (5 minutes) from Thompson Rivers University, home to over 18,000 students and staff annually, the property captures a remarkably strong, consistent tenant and buyer market. The site is also 5 minutes from Royal Inland Hospital, 5 minutes from Downtown Kamloops, and within a short walk to major transit, grocery stores, cafes, and everyday services. Multi family development land at this ready stage in central Kamloops is rarely available. Contact today to review the available package and explore your next steps. (id:63159)
Location Insights
Weather
22°C
Mostly Cloudy
Humidity 48%
Wind ESE 20 km/h
Tonight
13°
Tuesday
28°
Tuesday night
16°
Wednesday
25°
Wednesday night
15°
Thursday
23°
Source: Environment and Climate Change Canada.
Population
97,902
(2021 Census)
+8.4% since 2016
Density: 328.6/km²
Dwellings: 41,619
Median household income: $88,000
After-tax: $78,000
Immigrant population: 9.9%
Top countries of origin (% of total population)
- United Kingdom1.5% · 1,425
- India1.3% · 1,240
- United States of America0.8% · 790
- Philippines0.8% · 750
- Germany0.6% · 555
- Italy0.5% · 535
- China0.3% · 320
- South Africa, Republic of0.3% · 250
Source: Statistics Canada, 2021 Census of Population.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
15
2/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Beattie Elementary | Elementary | 900 m |
| St. Ann's Academy(Independent) | K-12 | 1.5 km |
| Sa-Hali Secondary | Elementary | 1.6 km |
| Our Lady of Perpetual Help(Independent) | Elementary | 1.9 km |
| Arthur Hatton Elementary | Elementary | 1.9 km |
| First Baptist Classical Academy of Kamloops(Independent) | K-12 | 1.9 km |
| Kamloops Christian School(Independent) | Elementary | 2.3 km |
| Norkam Secondary School | Secondary | 2.6 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Restaurants (5+)
- Nandi’s Flavours of India465 m
- Koh-I-Noor Indian · 550 Columbia Street West551 m
- The Columbia Diner · 555 Columbia Street West635 m
- Lucky Yeung739 m
- Sandbar Grill · 177 Tranquille Road748 m
Parks (5+)
- Allan Powers Park · 330 Centre Avenue238 m
- Strathcona Park · 550 Strathcona Terrace366 m
- McIntosh Tot Lot · 502 Battle Street West367 m
- Strathcona Park · 550 Strathcona Terrace476 m
- Columbia Lookout · 610 Columbia Street West542 m
Nearby places data: © OpenStreetMap contributors.
School district: Kamloops-Thompson (SD73)
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Mortgage & Ownership Cost Calculator
Minimum required: 6.1% ($39,900) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.