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124 Calgary Av 2 Unit Apartment Building $1,299,000 CAD ($649,500 CAD/Unit) Penticton, BC V2A 2T6

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INVESTMENT HIGHLIGHTS

Community Features - Pets Allowed With Restrictions, Rentals Allowed
Appliances Included - Range, Refrigerator, Dishwasher, Oven - Electric, Microwave, 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 $6,227 PER MONTH / $74,724 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 - 0.1 ac|under 1 acre
Built in - 2018
Annual Property Taxes - $6,918.92
Total Parking Spaces - 3
Appliances Included - Range, Refrigerator, Dishwasher, Oven - Electric, Microwave, Washer & Dryer
Flooring - Laminate, Tile
Cooling - Heat Pump
Heating Type - (Electric), Heat Pump
Utility Type - Cable (Not Available), Electricity (Available), Telephone (Available), Sewer (Available), Water (Available)

PROPERTY FACTS

Price	$1,299,000 CAD	Building Class	C
Price Per Unit	$649,500 CAD	Lot Size	0.11 AC
Sale Type	Investment	Building Size	3,002 SF
No. Units	2	Average Occupancy	100%
Property Type	Multifamily	No. Stories	2
Property Subtype	Apartment Multifamily Dormitory	Year Built	2018
Apartment Style	Low-Rise	Parking Ratio	1/1,000 SF
Zoning	RD2

Price	$1,299,000 CAD
Price Per Unit	$649,500 CAD
Sale Type	Investment
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment Multifamily Dormitory
Apartment Style	Low-Rise
Building Class	C
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