Address
1104-1130 Lawson Avenue & 1488 Aspen Court Kelowna, BC
Price
$ 3,700,000
Property Attributes
  • MLS#10230803
  • TypeCommercial
  • CityKelowna
  • AreaCentral Okanagan
  • NeighbourhoodSFS - Springfield-Spall
  • Postal CodeV1Y 5T9
  • StyleLand
  • Price$ 3,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.58 Acres
Listing Provided Courtesy Of:
Macdonald Realty Kelowna
Data Source:
Property Description

Opportunity for three (3) rental properties providing more than $13,000 in monthly income plus future upside as a medium density multi-family development. 3 rental property assembly: duplex w/ 2 suites duplex, 6 BR home 25,167 sq.ft. land assembly in 3 titles. Walkable to schools, grocery anchored retail centre, downtown core, Lake Okanagan. Not one (1) but TWO (2) corners. $157,572 in Gross Rent/Year ($13,100 /mth). 3.5% Cap Rate after all expenses.

General Features

Acres 0.580
DOM 43
Listing Office Macdonald Realty Kelowna
Status Active
Terms For Sale

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in V1Y 5T9

Price
AVG $5.4M
$3.7M
Visits
AVG 44
57