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Ariane Blazek

Sales Consultant, Partner

  • Office 250-717-3133
Questions?

8621 Cedar Ave, Summerland, British Columbia – $3,050,000

  • $3.05M Price
  • $3.05M Price

8621 Cedar Ave

Great return on investment on multiple properties that are showing an excellent return creating a 5.95% cap rate. This opportunity is comprised of four single family homes with legal rental suites, all built between 2017 and 2019 and still protected by the 2/5/10 new home warranty. All four homes have individual titles, and can be purchased as a package or individually. With 100% occupancy this package will generate $16,400 per month, or $196,800 annual gross income in an extremely safe investment. Property addresses are 8621 Cedar Ave, 8778 and 8738 Palmer Place, and 9457 Alder Street, Summerland, BC. Full package available, call listing agent for details. (id:6289)

Essential Information

  • Listing #180670
  • Price$3,050,000
  • Bathrooms0.00
  • TypeMulti-family

Community Information

  • Address8621 Cedar Ave
  • CitySummerland
  • ProvinceBritish Columbia
  • Postal CodeV0H1Z2

Amenities

  • AmenitiesRecreation, Schools
  • FeaturesCentral location
  • ViewMountain view

Interior

  • HeatingNatural gas Forced air

Exterior

  • ConstructionWood frame

Listing Details

  • OfficeROYAL LEPAGE LOCATIONS WEST
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ROYAL LEPAGE LOCATIONS WEST.