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Home BC Greater Kelowna Tsinstikeptum 9
1763-1815 Boucherie Road
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1763-1815 Boucherie Road $5,750,000
$5,750,000
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1763-1815 Boucherie Road
West Kelowna, British Columbia V4T2C8

MLS® Number: 10315180

Listing Description

Opportunity to purchase a 5-lot, 1.037 acre, residential assembly on the Westside Wine Trail. The opportunity may be purchased together or separately from the neighbouring 0.97 acre bare land property (MLS# 10315229). The properties are located on the edge of Westbank First Nation’s land on the corner of Boucherie Road and Pritchard Drive. This is leasehold land - 125 years. 16 tenanted residential units with average rents at $1.65/SF per month with ability to increase to market rate of $2.05/SF per month/. Zoned MFL - Multifamily Residential Low Density with a max density of 2.5 storeys. Offered at 5.25% Cap Rate with holding income. Assumable financing available. Under 5 minutes to Frind Winery, Mission Hill Winery and Quail’s Gate Winery. (37270632)

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Storeys
2
Neighbourhood Name
Westbank Centre
Title
Leasehold/Leased Land
Land Size
1.04 ac|1 - 5 acres
Built in
1980
Annual Property Taxes
$0
Parking Type
See Remarks, Carport
Time on REALTOR.ca
176 days

Building

Bathrooms
Partial
0
Building Features
Features
Level lot
Present Use
Community Multi-Tenant
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Other
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Neighbourhood Features
Amenities Nearby
Park, Recreation, Shopping
Parking
Parking Type
See Remarks, Carport

Measurements

Square Footage
20662 sqft

Land

Lot Features
Landscape Features
Landscaped, Level
View
Mountain view
Other Property Information
Access
Easy access
Zoning Type
Multi-Family
Waterfront Features
Waterfront
Other
Data provided by: Association of Interior REALTORS® #112 - 140 Commercial Drive, Kelowna, British Columbia V1X 7X6

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