1/167501 Kennedy Lane, Vernon
7501 Kennedy Lane, Vernon, BC V1H1C4
$1.3M total
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Asset Class
Hospitality
Size
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Building class
A
Zoning
CB2 — Central Business
$ / SF
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Occupancy
97%
About this property
One of a kind Level Lakeshore building lot at the end of a private Lane . City services are to the lot line . Ideal lot for rancher style home with daylight basement. New property zoning MUS will allow for Multi Unit Housing including Short term Rental Accommodation. Property has been Surveyed . Wonderful lot for a family owned Tri -Plex. Property faces the lake with ideal Southern exposure (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$6K
Projected NOI
$90K
Annual cash flow
$19K
Cash-on-cash
4.79%
DSCR
1.26
Going-in cap
6.98%
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
77,463
Households
28,097
Median income
$118,000
Median age
37.9
Daytime population
82,072
5-yr growth
7.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 7501 Kennedy Lane, Vernon.
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.