For Sale · Land

125 CABERNET Drive Unit# 32, Okanagan Falls

125 CABERNET Drive Unit# 32, Okanagan Falls, BC V0H1R3

$289,000 total

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Asset Class

Land

Size

—

Building class

B

Zoning

AG — Agricultural

$ / SF

—

Occupancy

83%

Lot Size

0.18 ac

About this property

This incredible view lot in prestigious Heritage Hills is the perfect canvas for your dream home. Offering .179 acres on a slope, easy-to-build with walk-out basement, the property enjoys a rare dual outlook—overlooking the park on one side and views of toward Skaha Lake on the other. Located on a quiet street near the end of a cul-de-sac, it provides both privacy and a serene setting surrounded by quality homes. A standout opportunity in one of the area’s most sought-after neighborhoods. Call your Realtor today to view. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$289K
Down payment30% · $87K
Interest rate6.25%
Amortization25 years
Occupancy83%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$13K

Annual cash flow

$-3K

Cash-on-cash

-3.89%

DSCR

0.79

Going-in cap

4.37%

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

116,016

Households

41,632

Median income

$77,000

Median age

40.3

Daytime population

162,546

5-yr growth

1.5%

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

Secure deal room

Confidential diligence documents for 125 CABERNET Drive Unit# 32, Okanagan Falls.

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.