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$944,900

1865 Begbie Road Unit# 5, Kelowna, British Columbia, V1V 2X4

QuickQuoteTM: $816K - $1.1M
MLS® # 10335767

4 Beds

4 Baths

MULTIMEDIA

Property Information:

Welcome to Hidden Lakes Lane in the highly sought after Wilden subdivision. This 4 Bedroom 3.5 Bathroom townhome is an ideal family home with 3 Bedrooms up and a large Bedroom and Den on the lower floor. As you walk in the front door you’ll be greeted by a large foyer that steps up into the bright & open concept living area. Hardwood flooring throughout the Living room, Dining Room and Kitchen complimented by a bright Kitchen, large island, gas range and French door to your south facing front deck space. The Private back yard with a covered deck is accessible from this same level via the Laundry room Upper level consists of a massive Primary Bedroom with walk in closet and 5 piece ensuite, 2 more large spare Bedrooms and a 4 piece main Bathroom. The lower level is the large 4th Bedroom, 4th Bathroom, Den, 2 car garage and a 2 car driveway. This home is also equipped with Geothermal heating and cooling providing ease and comfort no matter the season. Don’t forget about the addition of the Wilden Market Square in the neighbourhood which, once completed, will be a welcome addition to the already incredible family neighbourhood. Wilden has a number of great local recreational aspects including Walroy Lake, great trails for hiking, biking, dog walking and more. Hot water tank replaced and Culligan's filtration system installed in 2022. (id:27)

Building Features:

  • Style: Townhouse
  • Building Type: Row / Townhouse
  • Basement Type: Full
  • Construction Style - Attachment: Attached
  • Exterior Finish: Stone
  • Fireplace Fuel: Gas
  • Fireplace Type: Unknown
  • Flooring Type: Carpeted, Hardwood, Tile
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning
  • Appliances: Refrigerator, Dishwasher, Range - Gas, Hood Fan

Property Features:

  • OwnershipType: Strata
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Amenities Nearby: Park, Recreation, Schools
  • Built in: 2011
  • Community Features: Family Oriented
  • Features: Corner Site, Central island, Balcony
  • MaintenanceFee Type: Heat, Insurance, Property Management, Other, See Remarks, Water
  • WaterFront Type: Waterfront nearby
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 4

Rooms:

  • Bedroom 2nd Level 12'7'' x 11'11''
  • Bathroom 2nd Level 10'5'' x 5'5''
  • Bedroom 2nd Level 12'1'' x 11'8''
  • Bathroom 2nd Level 12'1'' x 10'2''
  • Primary Bedroom 2nd Level 16'5'' x 16'3''
  • Other Lower Level 20'9'' x 18'4''
  • Bathroom Lower Level 10'3'' x 5'0''
  • Den Lower Level 11'11'' x 11'4''
  • Bedroom Lower Level 13'11'' x 11'9''
  • Bathroom Main Level 5'9'' x 5'0''
  • Foyer Main Level 10'0'' x 9'0''
  • Other Main Level 15'4'' x 12'0''
  • Laundry Main Level 12'5'' x 5'11''
  • Other Main Level 19'4'' x 7'4''
  • Dining Main Level 17'6'' x 10'1''
  • Living Main Level 19'5'' x 13'8''
  • Kitchen Main Level 16'1'' x 11'6''

Courtesy of: RE/MAX Kelowna

REALTOR.ca  

Potential Investment Performance

Cumulative ROI

95.1%

Cumulative Market Appreciation

$261,058

Net Operating Income in Year 5

$36,146

Cash on Cash Return in Year 5

-4.1%

Assumptions

The information below is based on user inputs and general assumptions for informational purposes only. The outputs are not legal, financial, investment, or other advice. Review all fields for accuracy and consult an agent for guidance.

Mortgage Calculator

Mortgage
Purchase Price
$
Down Payment
%
$188,980
Mortgage Amount $755,920
Mortgage Payment
%
$3,922

Cash Flow Calculator

monthly
yearly
Income
Gross Rental Income
Powered By
$
Vacancy Rate
%
$
Other
$
Gross Operating Income $3,671
Operating Expenses
Management Fees
%
$
Property Tax
$
Repair Reserve
%
$
Insurance
$
Total Operating Expenses $1,035
Net Operating Income $2,636
Debt Service
Mortgage Payment $3,922
Net Cash Flow -$1,285

Cap Rate

3.35%

Acquistion Costs

Down Payment $188,980
Land Transfer Tax $16,898
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $207,878

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $188,980 - - - - - - - - -
Closing Costs $18,898 - - - - - - - - -
Mortgage Paydown $11,761$12,326$12,919$13,539$14,190$14,872$15,587$16,336$17,122$17,945
Total $219,639$12,326$12,919$13,539$14,190$14,872$15,587$16,336$17,122$17,945
Cash Invested $219,639$231,965$244,884$258,424$272,615$287,488$303,076$319,413$336,535$354,480
Rental Cash Flows
Rent and other income $44,061$45,383$46,745$48,147$49,591$51,079$52,611$54,190$55,816$57,490
Operating Expenses -$12,421-$12,728-$13,044-$13,367-$13,699-$14,039-$14,389-$14,747-$15,115-$15,492
Mortgage Payment -$47,065-$47,065-$47,065-$47,065-$47,065-$47,065-$47,065-$47,065-$47,065-$47,065
Net Cash Flow -$15,425-$14,410-$13,364-$12,285-$11,173-$10,026-$8,842-$7,622-$6,364-$5,067
Returns
Property Price Appreciation $47,245$49,607$52,087$54,691$57,426$60,297$63,312$66,478$69,802$73,292
Mortgage Paydown $11,761$12,326$12,919$13,539$14,190$14,872$15,587$16,336$17,122$17,945
Net Cash Flow -$15,425-$14,410-$13,364-$12,285-$11,173-$10,026-$8,842-$7,622-$6,364-$5,067
Total Return $43,581$47,522$51,641$55,946$60,443$65,144$70,057$75,192$80,559$86,170
Cumulative Return $43,581$91,103$142,745$198,691$259,135$324,280$394,337$469,530$550,090$636,260
Investment Metrics
Cumulative ROI 19.8% 39.3% 58.3% 76.9% 95.1% 112.8% 130.1% 147.0% 163.5% 179.5%
Cash On Cash -7.0% -6.2% -5.5% -4.8% -4.1% -3.5% -2.9% -2.4% -1.9% -1.4%
QuickQuoteTM Powered by RPS

Location of 1865 Begbie Road Unit# 5, Kelowna, British Columbia, V1V 2X4

Demographic Information of 1865 Begbie Road Unit# 5, Kelowna, British Columbia, V1V 2X4

Life Stage

Growing Families

Employment Type

Mixed

Average Household Income

$173,548.41

Average Number of Children

1.79

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

10.13 %

High school certificate or equivalent

30.24 %

Apprenticeship trade certificate/diploma

7.74 %

College/non-university certificate

20.14 %

University certificate (below bachelor)

1.53 %

University Degree

30.23 %

Commuter

Travel To Work

By Car

89.66 %

By Public Transit

1.31 %

By Walking

0.0 %

By Bicycle

3.94 %

By Other Methods

5.09 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent