1/243318 Woodsdale Road, Lake Country
3318 Woodsdale Road, Lake Country, BC V4V1X6
$1.1M total
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Asset Class
Specialty
Size
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Building class
C
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
87%
Lot Size
0.48 ac
About this property
Unlock the potential of this unbeatable Lake Country location! Nestled on a generous 0.48-acre lot right beside Beasley Park, this property is just steps from the sandy shores of Woods Lake. Whether you're ready to bring the current 16 residential plus 3 commercial unit development plans to life or dream of designing your own project from scratch, this site offers limitless potential. The current plans do not need a variance, nor a zone change. DP is easy to obtain and a building permit is only 6 months out with a tight submission. Walkable to the rail trail, schools, shops, and local dining, and only 10 minutes to UBCO, YLW, golf, and Lake Okanagan. For ski lovers, both Big White and Silver Star are under an hour away. A rare opportunity in a thriving community, come see if this is the canvas for your next great idea. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$66K
Annual cash flow
$2K
Cash-on-cash
0.55%
DSCR
1.03
Going-in cap
5.71%
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
138,750
Households
54,465
Median income
$123,000
Median age
33.5
Daytime population
126,229
5-yr growth
7.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 3318 Woodsdale Road, Lake Country.
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.