Westminster Apartments consists of 9 units, there are 6-TWO bedroom and 3-ONE bedroom units. Close to Okanagan Lake and Beach, downtown shopping, and endless restaurants within walking distance! Long-term tenants with most living at the complex for 10+ years, so the current rents are low and there is a positive upside that they could be increased over time. The current annual gross rent revenue is $95,500. The building is a little tired and requires a little work! The 2024 assessment value is $1,503,000. Only asking $155,444 per unit. (37745502)
Property Type
Multi-family
Building Type
Multi-Family
Neighbourhood Name
Main North
Land Size
0.14 ac|under 1 acre
Annual Property Taxes
$8,153.57 (CAD)
Time on REALTOR.ca
61 days
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