• MLS® #: 10220465
  • 200-220 Nickel Road
  • Kelowna, British Columbia V1X0A5
  • $8,900,000
  • 0.83 Acres
  • Multi-family
  • Office: RE/MAX Kelowna

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:3745)

NEED To SELL YOUR HOME?

Would you like to purchase this home, but need to sell yours to make it happen?

Sell Your Home!

Essential Information

  • Listing #10220465
  • Price$8,900,000
  • Bathrooms0.00
  • Acres0.83
  • Year Built2018
  • TypeMulti-family
  • Sub-TypeFreehold

Community Information

  • Address200-220 Nickel Road
  • SubdivisionRutland North
  • CityKelowna
  • StateBritish Columbia
  • Zip CodeV1X0A5

Interior

  • HeatingForced air

Exterior

  • RoofAsphalt shingle

Additional Information

  • ZoningTownhouse
Print this Page

Property Location

Get directions to this property:

Mortgage
Calculator

Down Payment:
Monthly Payment:
Please provide a valid email address.