1/32518/2524 Churchill Road, West Kelowna
2518/2524 Churchill Road, West Kelowna, BC V4T2H7
$1.7M total
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Asset Class
Specialty
Size
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Building class
B
Zoning
US — Urban Services
$ / SF
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Occupancy
87%
Year Built
1969
Lot Size
0.43 ac
About this property
Land assembly in Westbank Urban Centre Commercial Core area with excellent highway exposure. City of West Kelowna OCP designates these properties as WUC2 zoning allowing for a wide range of uses including apartments, hotel, office, restaurant, retail, personal services and more. Existing residential homes are rented provided good holding income. 2518 & 2524 Churchill Road must be sold together. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$8K
Projected NOI
$95K
Annual cash flow
$739
Cash-on-cash
0.15%
DSCR
1.01
Going-in cap
5.58%
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
127,568
Households
45,834
Median income
$63,500
Median age
35.6
Daytime population
137,533
5-yr growth
4.6%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2518/2524 Churchill Road, West Kelowna.
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.