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200-220 Nickel Road,, Kelowna, British Columbia, V1X 0A5

MLS® # 10220465

Investment For Sale In Kelowna, British Columbia
$8,900,000
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
200-220 Nickel Road,, Kelowna, BC
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200-220 Nickel Road,, Kelowna, British Columbia, V1X 0A5

$8,900,000

Property Information:

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)

Building Features:

  • Style: Multiplex
  • Building Type: Row / Townhouse
  • Roof Material: Asphalt shingle
  • Roof Style: Conventional
  • Heating Type: Forced air

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Easy access
  • Amenities Nearby: Shopping, Schools, Public Transit
  • Zoning Type: Townhouse
  • Sewer: Municipal sewage system

Courtesy of: RE/MAX Kelowna

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

Location of 200-220 Nickel Road,, Kelowna, British Columbia, V1X 0A5

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Demographic Information of 200-220 Nickel Road,, Kelowna, British Columbia, V1X 0A5

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$65,413.31

Average Number of Children

1.07

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

21.02 %

High school certificate or equivalent

33.76 %

Apprenticeship trade certificate/diploma

12.86 %

College/non-university certificate

17.62 %

University certificate (below bachelor)

4.36 %

University Degree

7.32 %

Commuter

Travel To Work

By Car

81.43 %

By Public Transit

3.23 %

By Walking

2.22 %

By Bicycle

2.02 %

By Other Methods

11.1 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.26 %

Houses

68.73 %

Own Vs. Rent