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Inv Opportunity - Lower Mission


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Absolutely amazing Investment Opportunity.

3045 Burtch Road

This 4 BR / 3 Bath home is nestled within a group of 14 single detached homes in Lower Mission just off KLO. The location is incredible. Close to the College and all that the Pandosy area of lower mission has to offer. Fantastic neighbors and privacy surrounded by ALR Lands - Munson Pond.

***** NO STRATA *****
(Zero Maintenance Yard)

Tons of parking - Double garage and two additional parking spots in back. Plus ample parking available on street which is private (no through fare).

House is 1 1/2 years old and is under new home warranty. Provides peace of mind for the new home owner or investor. This is the first resale home within this development to ever hit the market. Don't miss out on this opportunity with interest rates at historic lows.

House can be rented out as two complete separate units. (See main image showing lower level access on side of house)

House is 2757 SF with a near even distribution between upper and lower levels. The home has high end finishing and trim throughout. Both levels of the home come complete with 2 bedrooms, laundry and full deluxe kitchens. Tons of storage and unique quality upgrades on both levels.

This home when rented out on both levels will provide positive cash flow each month while building equity at a rapid pace.

Requirement in place to rent to current home owner during their new construction building beginning immediately. (Start building equity day one - approximate one year requirement)

At today's mortgage rates monthly payment would be in range of $3,200 assuming 10% down payment. Current home owner will rent home at $3,500/month during their new home construction. (Realistic to rent out for a combined $4,000 plus +++ once you have opportunity to secure great tenants with strong covenant in place. Upper level should rent out at $2,500 and lower level at $1,800).

Vast array of quality upgrades throughout:
- Quartz counters throughout
- High end SS applicances
- Crown Moldings throughout upper level
- On Demand hot water
- Heated ensuite floors
- Custom storage throughout
- Central Vac
- Central AC
- Security System
- Low maintenance exterior with secure locking fencing

Text or call Kevin to setup viewing this coming weekend.

Contact Seller
Address:3045 Burtch Road
Kelowna, British Columbia
V1W 5M9 Canada
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Bedrooms 4
Bathrooms 3
Sq. Ft. 2757.00
Strata? No
Post Date:Sep 16, 2020
Exp. Date:Oct 7, 2020
Listing Type:Private
Ad Number:4265134
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Inquiring about: Inv Opportunity - Lower Mission

Listing: Inv Opportunity - Lower Mission

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