Kamloops has become an increasingly attractive market for real estate investors. Whether you're looking to build a rental portfolio, flip a property, or buy a home with a secondary suite, the city offers opportunities for long-term growth and cash flow.

This guide will help you understand what makes Kamloops a solid investment location—and what you need to consider before diving in.

Why Kamloops is a Strong Market for Investors

Growth, Affordability, and Demand

Compared to other BC cities, Kamloops offers a mix of affordability, lifestyle, and rental potential. Here’s why many investors are turning their attention here:

• Consistent population growth from students, young families, and retirees
• Strong rental demand with low vacancy rates
• Affordable entry point compared to Kelowna or Vancouver
• Year-round appeal thanks to recreation, tourism, and education sectors

Plus, Kamloops is a regional hub, so it draws tenants from nearby rural areas seeking work, education, and amenities.

Best Types of Real Estate Investments in Kamloops

Know What to Look For

There’s more than one way to invest in Kamloops. Here are some of the most common strategies:

• Buy-and-Hold Rentals
• Long-term tenants generate steady cash flow
• Duplexes and homes with basement suites are popular choices
• Look for properties near Thompson Rivers University or in central areas like Sahali or the North Shore
• Flips
• Older homes in established areas like Brocklehurst or Westsyde can offer solid margins
• Be mindful of reno costs, permit rules, and resale demand
• Short-Term Rentals
• Not as common, but possible in select areas with proper licensing
• Proximity to Sun Peaks, the university, or hospitals can attract short-term tenants
• Pre-Construction or New Builds
• Builders often offer incentives for early investors
• Consider the resale potential and HOA/strata restrictions

Make sure you research each type thoroughly before committing to a strategy.

Top Neighbourhoods for Kamloops Investors

Where to Focus Your Search

Here are a few areas that offer strong potential for real estate investors:

• Sahali: Near schools, shopping, and TRU—always in demand
• North Shore: Up-and-coming with new development and a mix of tenants
• Valleyview: Easy access to the highway and popular with families
• Brocklehurst: Affordable homes with large lots and good rental potential
• Downtown Kamloops: Limited inventory but strong demand from professionals

Local knowledge is key—talk to agents and property managers who understand neighbourhood dynamics and rental rates.

What to Know About Renting in Kamloops

Rules, Rates, and Responsibilities

Kamloops is a tenant-friendly market, so it’s important to understand your obligations as a landlord:

• Tenancy rules are governed by BC’s Residential Tenancy Act
• Secondary suites must meet building and fire codes
• Typical rental rates (as of 2025):
• 1-bedroom: ~$1,400/month
• 2-bedroom: ~$1,800/month
• Basement suites: ~$1,300–$1,600/month depending on size and location

Also consider:

• Tenant screening processes
• Pet policies
• Emergency maintenance planning
• Ongoing communication and documentation

Professional property management can help reduce hassle—especially for out-of-town investors.

Risks and Tips for First-Time Investors

Avoid Common Pitfalls

Every investment carries some level of risk. Here’s how to manage it:

• Don’t rely on appreciation alone—focus on positive cash flow
• Always get a home inspection, even for rental properties
• Budget for vacancy periods and unexpected repairs
• Understand local bylaws before adding a suite
• Keep emotion out of the process—treat it like a business

Most importantly, build a reliable team: agent, mortgage broker, inspector, and (if needed) property manager.

Final Thoughts: Build Wealth Through Kamloops Real Estate

Kamloops is a city with long-term potential for investors. With the right approach, it’s possible to build steady income and equity while contributing to a growing community.

Whether you’re just starting or adding to an existing portfolio, Kamloops offers a smart place to invest. Do your research, surround yourself with professionals, and look beyond the surface to find the properties that truly perform.