1/12Winchester Road Unit# Lot 155, Vernon
Winchester Road Unit# Lot 155, Vernon, BC V1H2E1
$749,999 total
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Asset Class
Land
Size
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Building class
B
Zoning
AG — Agricultural
$ / SF
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Occupancy
89%
Lot Size
61.89 ac
About this property
61.89 acre prime hillside development site in Killiney Beach with some incredible views of Okanagan Lake. This could be a great legacy development property, investment holding property, or your own private 61 acre estate. Well will need to be drilled for water most likely, power at Winchester/Brant Rd, a network of logging roads and ATV trails exist throughout the property. Buyer to do their own due diligence with the Central Okanagan Regional District. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$29K
Annual cash flow
$-13K
Cash-on-cash
-5.62%
DSCR
0.70
Going-in cap
3.86%
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
85,271
Households
40,298
Median income
$90,000
Median age
45.9
Daytime population
87,970
5-yr growth
5.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for Winchester Road Unit# Lot 155, Vernon.
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.