For Sale · Specialty

2673 Blind Bay Road Unit# 73, Blind Bay

2673 Blind Bay Road Unit# 73, Blind Bay, BC V0E1H1

$264,900 total

—

Asset Class

Specialty

Size

—

Building class

A

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

98%

Lot Size

0.09 ac

About this property

For more info, please click Brochure button. Build your Shuswap get away! Discover the opportunity to create your own recreational retreat at Copper Landing (Blind Bay Resort), a private, gated waterfront community on beautiful Shuswap Lake! This 4,083 sq. ft. bare land strata cottage building lot is situated on the upper tier of the beach, offering beautiful lake and mountain views and spectacular Shuswap sunsets . With a level, gravel-based lot, available utility services , and the resort ' s new sewage treatment system, this property offers an exciting opportunity to explore building your own recreational cottage. Cottage construction is already underway on a neighbouring lot! Enjoy the benefits of a private waterfront resort community, including a beautiful sandy beach, private marina with boat moorage available at an additional cost, and shared recreational amenities. The resort is fully operational, with the swimming pool and games room currently closed and anticipated to reopen for the next summer season. Conveniently located near grocery shopping, waterfront dining, parks, and trails , and approximately 20-25 minutes from Salmon Arm. Boat moorage is subject to availability and additional fees. Listing includes rendering photos and inspiration to imagine your dream cottage. Building permits may be issued through the Columbia Shuswap Regional District (CSRD), subject to applicable zoning, strata requirements, and necessary approvals. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$265K
Down payment30% · $79K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$18K

Annual cash flow

$3K

Cash-on-cash

4.04%

DSCR

1.22

Going-in cap

6.75%

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

138,682

Households

63,625

Median income

$101,000

Median age

32.4

Daytime population

214,676

5-yr growth

1.1%

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

Secure deal room

Confidential diligence documents for 2673 Blind Bay Road Unit# 73, Blind Bay.

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.