For Sale · Industrial

2110 Matrix Crescent Unit# 19, Kelowna

2110 Matrix Crescent Unit# 19, Kelowna, BC V1V0G5

$1.6M total

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Asset Class

Industrial

Size

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Building class

C

Zoning

IL — Light Industrial

$ / SF

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Occupancy

100%

Clear height

28 ft

Loading docks

11

About this property

Now available at the Vaults, Kelowna’s luxury lifestyle storage condominiums designed for security, privacy, and versatility. This in-line unit totals approx. 2,914 SF with an open main floor of almost 2,007 SF of upscale warehouse space, with spacious 27 FT ceilings (13.5 FT under the mezzanine), two ground level loading bays, one with a 15.5’ x 13’ overhead door and the other 12' x 13' overhead door that allows easy maneuverability in and out of the unit, laundry/storage room and a stylish 3-piece washroom. Walk-up mezzanine level is an open area of approx. 907 SF, finely finished and ready to serve as your lifestyle retreat, flush wall fireplace, kitchen/bar area with built-in cabinetry, and a well-appointed 2-piece washroom. TVs, stereo system, camera system, appliances, and other integrated equipment are included in the offering. The TVs and stereo are linked through the Control4 system, and the car lifts are negotiable. Overall, a perfect place to store and work on your toys. The Vaults offer exceptional security with a concrete perimeter, enclosed units, and 24/7 owner-only access, along with fire suppression and CO detection systems. Ideally located near Kelowna Airport with quick access to Lake Country and Vernon, this is a rare opportunity to own a premier, multi-functional space blending secure storage with upscale lifestyle flexibility. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.60M
Down payment30% · $480K
Interest rate6.25%
Amortization25 years
Occupancy100%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$103K

Annual cash flow

$15K

Cash-on-cash

3.04%

DSCR

1.16

Going-in cap

6.45%

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

47,269

Households

18,786

Median income

$136,000

Median age

40

Daytime population

73,246

5-yr growth

5.1%

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

Secure deal room

Confidential diligence documents for 2110 Matrix Crescent Unit# 19, Kelowna.

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.