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120 Calgary Av 4 Unit Apartment Building $1,299,000 CAD ($324,750 CAD/Unit) Penticton, BC V2A 2T6
Investment Highlights
- Community Features - Pets Allowed With Restrictions
- Appliances Included - Range, Refrigerator, Dishwasher, Washer & Dryer
- Amenities Nearby - Golf Nearby, Public Transit, Airport, Park, Recreation, Schools, Shopping
Executive Summary
2018-built FOUR-PLEX offers two 2-bed/2-bath units and two 1-bed/1-bath units, each with in-suite laundry and separate metering. Rented for $6,183 PER MONTH / $74,196 PER YEAR. The property is centrally located near Safeway, Starbucks, Shoppers Drug Mart, and BC Liquor Stores, with designated parking. Penticton has low vacancy rates, so expect a solid CAP rate. CHMC MORTGAGE AVAILABLE if you purchase both buildings (40 - 50 year amortization).
Property Type - Single Family
Building Type - Fourplex
Storeys - 2
Square Footage - 3002 sqft
Neighbourhood Name - Main North
Title - Freehold
Land Size - 0.11 ac|under 1 acre
Built in - 2018
Annual Property Taxes - $6,918.92
Total Parking Spaces - 3
Appliances Included - Range, Refrigerator, Dishwasher, Washer & Dryer
Flooring - Laminate, Tile
Cooling - Heat Pump
Heating Type - (Electric), Heat Pump
Utility Sewer - Municipal sewage system
Water - Municipal water
Property Type - Single Family
Building Type - Fourplex
Storeys - 2
Square Footage - 3002 sqft
Neighbourhood Name - Main North
Title - Freehold
Land Size - 0.11 ac|under 1 acre
Built in - 2018
Annual Property Taxes - $6,918.92
Total Parking Spaces - 3
Appliances Included - Range, Refrigerator, Dishwasher, Washer & Dryer
Flooring - Laminate, Tile
Cooling - Heat Pump
Heating Type - (Electric), Heat Pump
Utility Sewer - Municipal sewage system
Water - Municipal water
Property Facts
| Price | $1,299,000 CAD | Building Class | B |
| Price Per Unit | $324,750 CAD | Lot Size | 0.11 AC |
| Sale Type | Investment | Building Size | 3,002 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 2018 |
| Apartment Style | Low-Rise | Parking Ratio | 1/1,000 SF |
| Zoning | RD2 | ||
| Price | $1,299,000 CAD |
| Price Per Unit | $324,750 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.11 AC |
| Building Size | 3,002 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2018 |
| Parking Ratio | 1/1,000 SF |
| Zoning | RD2 |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- Laundry Facilities
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | - | 680 |
| 2+1 | 2 | - | 880 |
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Walk Score®
Very Walkable (75)
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120 Calgary Av
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