Address
200-220 Nickel Road, Kelowna, BC
Price
$ 8,900,000
Property Attributes
  • ID#10220465
  • TypeTownhouse
  • CityKelowna
  • NeighbourhoodRutland North
  • Postal CodeV1X 0A5
  • StyleRow / Townhouse
  • Price$ 8,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Ryan Mayne with RE/MAX Kelowna
Data Source:
RLP - CREA EN
Property Description

19 unit townhouse complex built in 2019. 33,089 square feet of rentable area. Price per unit $468,000 = $269 per square foot. 4.3% cap rate. 0 vacancies in the past year. Current annual income is $437,000 per year. Home warranty. Approved City of Kelowna Revitalization Tax Exemption Program, Bylaw #9561 expires in 2029. 2 storey units with basements, stainless steel appliances, fenced yards, 2 parking stalls per unit. 3 bedroom/2.5 bath units, 3 bedroom plus den/2.5 bath units, 2 bedroom/1.5 bath units & 2 bedroom plus den/2.5 bedroom units. (id:27)

General Features

Amenities Nearby Shopping, Schools, Public Transit
Building Type Row / Townhouse
Garage no
Listing Type Investment
More Information Link https://www.realtor.ca/real-estate/22637077/200-220-nickel-road-kelowna-rutland-north
Neighbourhood Rutland North
Parking no
Property Type Multi-family
Roof Material Asphalt shingle
Roof Style Conventional
Sewer Municipal sewage system
Terms SALE
Wheel Chair Access no
Zoning Type Townhouse

Interior Features

Fireplace no
Heating Type Forced air

Exterior Features

Pool Y/N no

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Postal Code Average in V1X 0A5

Price
AVG $8.9M
$8.9M
Visits
AVG 545
544
Walkscore
AVG 54
54
Data Provided by Walkscore ® not using MLS data