1/44415 Commonwealth Road Unit# 220, Kelowna
415 Commonwealth Road Unit# 220, Kelowna, BC V4V1P4
$270,000 total
—
Asset Class
Specialty
Size
—
Building class
B
Zoning
DC2 — Site Specific
$ / SF
—
Occupancy
89%
Year Built
2004
Lot Size
0.07 ac
About this property
Bright & airy 1-bed, 1-bath park model in the heart of Holiday Park Resort! Flooded with natural light from a large skylight and expansive windows. Features a full-length, heated Okanagan room—perfect for a home office or extra sleeping space for grandkids. Enjoy a large deck with a gazebo and shed, plus direct backyard access to the pool without the maintenance! Includes 2-car parking, in-suite laundry, hot water on demand, and a water softener.Holiday Park is a secure, gated community with 24/7 security. Resort amenities include pools, hot tubs, gym, sauna, tennis/pickleball, library, a licensed restaurant, and more. Pet-friendly, short-term rentals allowed, and NO Property Transfer Tax. Lease to 2035, extendable to 2046. More than just a home, it’s a vibrant community! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$16K
Annual cash flow
$1K
Cash-on-cash
1.31%
DSCR
1.07
Going-in cap
5.93%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
62,846
Households
23,456
Median income
$126,500
Median age
37.4
Daytime population
94,048
5-yr growth
3%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 415 Commonwealth Road Unit# 220, Kelowna.
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.