For Sale · Specialty

30 Monashee Road Unit# 203, Vernon

30 Monashee Road Unit# 203, Vernon, BC V1B3M1

$329,000 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

92%

Year Built

2009

About this property

Welcome to Firelight at SilverStar! This one bedroom, one bathroom unit is in a great ski-in/ski-out location right next to the skating pond and Tube Town with direct access to the Silver Queen Chairlift and the Nordic trailhead. A short walk will deliver you to the heart of SilverStar Village for all the restaurants, pubs, and village services. With large windows and an open concept this home is nice and bright with great views of Attridge and the Alpine Meadows area. Take a peek at the days weather before hitting the slopes! Enjoy a modern feel with granite counters in the kitchen, a gas fireplace that adds ambiance, and built in cabinetry throughout for added storage and convenience. This unit comes with two ski lockers, underground parking, mountain bike storage, wax room, access to a common hot tub, and a staffed central lobby. Sellers previously used this as their personal home, so GST is not expected to apply. (id:66811)

Financial sandbox

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Estimate
Purchase price$329K
Down payment30% · $99K
Interest rate6.25%
Amortization25 years
Occupancy92%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$24K

Annual cash flow

$6K

Cash-on-cash

5.88%

DSCR

1.32

Going-in cap

7.31%

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

79,989

Households

30,131

Median income

$75,000

Median age

42.4

Daytime population

100,734

5-yr growth

9.2%

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

Secure deal room

Confidential diligence documents for 30 Monashee Road Unit# 203, Vernon.

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.