For Sale · Specialty

2 Clubhouse Lane, Lee Creek

2 Clubhouse Lane, Lee Creek, BC V0E1M4

$169,500 total

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Asset Class

Specialty

Size

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Building class

B

Zoning

US — Urban Services

$ / SF

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Occupancy

84%

Lot Size

0.05 ac

About this property

Welcome to the ultimate lakefront ownership opportunity on the shores of stunning Shuswap Lake! Nestled at the mouth of the iconic Adams River, this rare freehold lot is located within a gated bareland strata community that offers resort-style amenities including a pool, hot tub, clubhouse, gazebo, boat parking, marina access, and two private beaches exclusively for residents. Ideally situated next to the amenity building, laundry facilities, pool, and hot tub, this waterfront lot offers unbeatable convenience and comfort. Thoughtfully enhanced with a charming pergola and a tidy wood storage rack, it’s ready for your lakeside enjoyment. The affordable bareland strata fee includes water, sewer, hydro, weekly lawn maintenance, property management, and more—making this a low-maintenance, high-enjoyment lifestyle in one of BC’s most coveted lakefront settings. (id:66811)

Financial sandbox

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Estimate
Purchase price$170K
Down payment30% · $51K
Interest rate6.25%
Amortization25 years
Occupancy84%
Expense growth2.5%

Monthly debt service

$783

Projected NOI

$10K

Annual cash flow

$1K

Cash-on-cash

2.12%

DSCR

1.11

Going-in cap

6.18%

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

134,144

Households

51,283

Median income

$81,000

Median age

38.9

Daytime population

212,461

5-yr growth

8.9%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 2 Clubhouse Lane, Lee Creek.

NDA required
  • 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.