For Sale · Specialty

300 COUGAR Road, Oliver

300 COUGAR Road, Oliver, BC V0H1T8

$89,000 total

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Asset Class

Specialty

Size

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Building class

A

Zoning

DC2 — Site Specific

$ / SF

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Occupancy

93%

Lot Size

0.21 ac

About this property

Build your mountain retreat on this affordable ¼-acre lot along sought-after Cougar Road at Mount Baldy Ski Hill. The property offers an excellent building profile for a level-entry home from the street with a daylight basement below and the potential for an additional level above, creating flexibility for a full-time residence or rec getaway. Cougar Road is one of Mount Baldy’s most desirable developed areas, offering the ability to ski directly toward the main chairlifts and enjoy an easy downhill run to the lodge. Properties in this area may also accommodate vacation rental use, whether renting the entire home as a vacation rental or operating as a bed and breakfast. Mount Baldy has exceptional snow quality, a relaxed atmosphere and a genuine small-mountain community. Begin at your front door with downhill skiing, snowshoeing and cross-country opportunities all close at hand. Summer bring a quieter cooler mountain lifestyle surrounded by forest, trails, fresh air and endless opportunities to explore. Year-round road access connects Mount Baldy with Highway 97 near Oliver and Highway 3 near Osoyoos, making the mountain accessible from anywhere in BC or Washington. Affordable, family-oriented and refreshingly uncrowded, Mount Baldy has developed a loyal community of recreational owners and year-round residents who value the mountain for exactly what it is: a place where neighbours know one another, powder days still feel special and life moves at a different pace. (id:66811)

Financial sandbox

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Estimate
Purchase price$89K
Down payment30% · $27K
Interest rate6.25%
Amortization25 years
Occupancy93%
Expense growth2.5%

Monthly debt service

$411

Projected NOI

$6K

Annual cash flow

$822

Cash-on-cash

3.08%

DSCR

1.17

Going-in cap

6.46%

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

104,457

Households

47,908

Median income

$111,000

Median age

36.4

Daytime population

133,553

5-yr growth

2.2%

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

Secure deal room

Confidential diligence documents for 300 COUGAR Road, Oliver.

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.