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

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Forced Air

$8,900,000

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:42341)


  • Property Details

    MLS® Number 10220465
    Property Type Multi-family
    Neigbourhood Rutland North
    Community Name Larson Place
    Amenities Near By Shopping, Schools, Public Transit
  • Building

    Constructed Date 2018
    Heating Type Forced Air
    Roof Material Asphalt Shingle
    Roof Style Conventional
    Type Row / Townhouse
    Utility Water Municipal Water
  • Land

    Access Type Easy Access
    Acreage No
    Land Amenities Shopping, Schools, Public Transit
    Sewer Municipal Sewage System
    Size Irregular 0.83
    Size Total 0.83 Ac|under 1 Acre
    Size Total Text 0.83 Ac|under 1 Acre
    Zoning Type Townhouse
  • Utilities

    Sewer Available

Mark Gidden
Realtor/Founder

Lloyd Taverner
Realtor/Senior Partner

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TESTIMONIALS

Our Valued Clients

  • Ashley Harvey

    Mark and his team helped us find our forever home, and we are so grateful for his experience and expertise. Mark was so patient while our infant cried while we hunted for the perfect house. We will use Mark and his team for years to come.


  • Jen Platman

    Lloyd was the best realtor we’ve ever worked with. He understands people and takes the time to listen. He was extremely helpful and made the process stress-free and seamless. Lloyd goes above and beyond for his clients and it shows. He truly enjoys what he does, he’s honest and makes you feel at ease. Our new home is our castle and Lloyd did everything to help us get there. This guy is real gem!


  • Tom S

    Mark helped us look for, negotiate, and purchase our family home. He was diligent, extremely professional and has an unsurpassed knowledge of the Kelowna and wider Okanagan areas. His name is mentioned anytime we have a friend looking to buy or sell their home. Many thanks Mark.