













1/156408 Monck Park Road, Merritt, BC V1K0A1
$649,000 total
—
Asset Class
Specialty
Size
—
Building class
A
Zoning
US — Urban Services
$ / SF
—
Occupancy
94%
Lot Size
1.02 ac
WATERFRONT! Rare opportunity to own approximately 1 acre in desirable Nicola Lakeshore Estates. Build your dream home or recreational getaway on the shores of beautiful Nicola Lake, just 3 hours from the Lower Mainland and approximately 2 hours from Sun Peaks. Enjoy four-season recreation right outside your door, including boating, water skiing, fishing and wind surfing in the summer, along with hiking, ATVing, cross-country skiing and fantastic snowmobiling throughout the surrounding area. The driveway has already been started, providing access toward the more level area near the waterfront. The natural slope of the property offers an excellent opportunity for a walkout basement design that takes advantage of the beautiful lake views and easy access to the beach. Paved road access plus water and sewer services available at the lot line add to the convenience of this exceptional property. Whether you're looking to build a year-round residence or your own four-season lake retreat, this is an opportunity to enjoy everything Nicola Lake has to offer. Book your appointment today and come experience this beautiful waterfront property for yourself. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$47K
Annual cash flow
$11K
Cash-on-cash
5.71%
DSCR
1.31
Going-in cap
7.26%
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.
Trade area within 3 miles of the property.
Population
142,759
Households
62,033
Median income
$77,000
Median age
39.9
Daytime population
152,768
5-yr growth
4.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 6408 Monck Park Road, Merritt.
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.