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200-220 Nickel Road, in Kelowna: Multi-family for sale : MLS®# 10220465
200-220 Nickel Road, Kelowna V1X0A5
200-220 Nickel Road, Kelowna V1X0A5

$8,900,000

Multi-family

Status:

Active

MLS® Num:

10220465

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:2493) More details

Listed by RE/MAX Kelowna

LISTING DETAILS
- CHRIS DOCKSTEADER
- RE/MAX KELOWNA
- 1 (250) 212-2233
- Contact by Email
400 Laurel Road, in Kelowna: Multi-family for sale : MLS®# 10229812
400 Laurel Road, Kelowna V1X2V6
400 Laurel Road, Kelowna V1X2V6

$3,500,000

Multi-family

Status:

Active

MLS® Num:

10229812

Fantastic REDEVELOPMENT property on 0.89 acres. Currently zoned RM3, with potential for 4 storeys under new OCP. In the meantime, make use of the ELEVEN x 2 bed, 1.5 bath upgraded townhomes that are in excellent condition and have been meticulously maintained. Each unit has their own deck and private laundry. Sewer is in and has been paid. Potential for up to ~35 townhomes under current RM3 zoning, with room to rebuild in stages if desired. Located in a great area with elementary, middle and high schools nearby. Bus stops are located on Rutland Road and the YMCA, Gymnastics, Athans Pool, Arena, Boys and Girls club are a 6 minute walk. Do not enter WITHOUT an appointment. Financials and rent roll available with signed NDA (id:2493) More details

Listed by RE/MAX Kelowna

LISTING DETAILS
- CHRIS DOCKSTEADER
- RE/MAX KELOWNA
- 1 (250) 212-2233
- Contact by Email