





1/7415 Commonwealth Road Unit# 16, Kelowna, BC V4V1P4
$185,000 total
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Asset Class
Specialty
Size
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Building class
B
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
98%
Lot Size
0.05 ac
Privacy Plus! This Standard designated site is completely fenced in for your added privacy. Located close to the front gate, mailboxes and Upfront Market. With the lap pool steps away, you can enjoy a fun game of water volleyball. The Rail Trail is easily accessible through the exit gate. Enjoy the Okanagan lifestyle sitting on your deck, overlooking your flower garden. The lease goes to 2035 and can be extended to 2046 for an additional cost. The lease is registered with the Federal Government. The 2026 Maintenance Fee is $5186, includes security, water, sewer, use of the amenities, maintenance of the common areas and roads, snow removal and garbage disposal area. Property Taxes are payable to the City of Kelowna. Long and short term rentals allowed. There is no Property Transfer Tax. Enjoy all the amenities available in Holiday Park Resort: pools, hot tubs, pickleball court, golf course, games room, gym, billiards, library, Zumba, hair salon, and more. Thyme at Ellison Lake is open for your dining pleasure. The Upfront Market is available for equipment rentals such as bikes, grocery items and concession, and BBQ burgers and hotdogs for a quick lunch. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$854
Projected NOI
$15K
Annual cash flow
$5K
Cash-on-cash
8.62%
DSCR
1.47
Going-in cap
8.13%
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.
Trade area within 3 miles of the property.
Population
75,869
Households
32,873
Median income
$93,500
Median age
43.1
Daytime population
95,148
5-yr growth
8.3%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 415 Commonwealth Road Unit# 16, 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.