1/7415 Commonwealth Road Unit# 18, Kelowna
415 Commonwealth Road Unit# 18, Kelowna, BC V4V1P4
$120,000 total
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Asset Class
Specialty
Size
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Building class
A
Zoning
DC2 — Site Specific
$ / SF
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Occupancy
94%
Lot Size
0.05 ac
About this property
Privacy plus! Completely fenced in yard for added privacy with lots of parking in the front. Located close to the front gate so your drive home will be short. For your added convenience, the Upfront Market, mail boxes and lap pool are steps away. Enjoy long walks or bike rides on the Rail Trail with access outside the exit gate. The Standard designated site is low maintenance with a lease term to 2035. The lease term can be extended to 2046 for an additional cost. Lease is registered with the Federal Government. There is no Property Transfer Tax. Long and short term rentals allowed. Enjoy all the amenities offered by Holiday Park Resort: pools, hot tubs, golf course, pickleball/tennis court, games room, library, gym, hair salon, sauna, social events such as dinners and dances, aquafit and so much more. Close proximity to Kelowna International Airport, wineries, golf courses, ski hills, hiking trails, shopping and entertainment. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$554
Projected NOI
$9K
Annual cash flow
$2K
Cash-on-cash
5.56%
DSCR
1.30
Going-in cap
7.21%
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
41,803
Households
17,058
Median income
$93,000
Median age
45.1
Daytime population
63,234
5-yr growth
2.7%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 415 Commonwealth Road Unit# 18, Kelowna.
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.