For Sale · Specialty

7250 Highway 97 S, Peachland

7250 Highway 97 S, Peachland, BC V0H1X9

$1.2M total

—

Asset Class

Specialty

Size

—

Building class

C

Zoning

DC2 — Site Specific

$ / SF

—

Occupancy

99%

Year Built

2000

Lot Size

1.46 ac

About this property

Enjoy amazing Okanagan Lake views from this beautiful 1.46-acre property in Peachland! This private property offers stunning 180-degree lake and mountain views, with scenery stretching from Kelowna to Penticton. Surrounded by tall trees, it is a peaceful place to enjoy the Okanagan lifestyle. The home has been nicely updated with new flooring, fresh paint, a new heat pump, new hot water tank, new appliances, a new kitchen, and updated bathrooms. The updates make the home comfortable and move-in ready. Enjoy your morning coffee with the lake view, have a BBQ with family and friends, or simply relax and enjoy the peaceful surroundings. The property is conveniently located just minutes from downtown Peachland, beaches, restaurants, wineries, and other amenities. Kelowna and Penticton are also an easy drive away. If you are looking for privacy, beautiful lake views, a large 1.46-acre property, and a home with many recent updates, this could be the perfect Okanagan getaway or full-time home. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.20M
Down payment30% · $360K
Interest rate6.25%
Amortization25 years
Occupancy99%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$97K

Annual cash flow

$30K

Cash-on-cash

8.37%

DSCR

1.45

Going-in cap

8.05%

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

91,116

Households

35,246

Median income

$93,500

Median age

45.8

Daytime population

102,476

5-yr growth

1.6%

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

Secure deal room

Confidential diligence documents for 7250 Highway 97 S, Peachland.

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.