LiveEn Direct
Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Image 1
Image 2
Image 3
$899,900

720 Valley Road Unit# 46, Kelowna, British Columbia, V1V 0E1

QuickQuoteTM: $972K - $1.2M
MLS® # 10330267

4 Beds

4 Baths

Property Information:

Experience modern living with this stunning end-unit townhome, featuring a private rooftop patio and panoramic views. Offering an expansive 2,363 sqft of living space, this home is designed for comfort and style. The main floor is perfect for everyday living, complete with a bright den/office, a charming breakfast nook, a spacious kitchen built for gatherings, and a welcoming living room ideal for entertaining. On the upper level, you’ll find two bedrooms, a full bathroom, and laundry facilities, plus a generous primary suite with a walk-in closet and an ensuite. For added flexibility, the lower level boasts a fourth bedroom or family room with its own ensuite—ideal for guests or a private retreat. Enjoy breathtaking sunrises and sunsets from your rooftop patio, fully equipped with gas hookups for seamless outdoor living. The double side-by-side garage with extra storage ensures space for all your needs. Conveniently located just minutes from downtown Kelowna, this home offers easy access to green spaces, top-rated schools, and everything the city has to offer. Don't miss your chance to call this exceptional property home. Contact us today to book your private viewing at Trellis! (id:27)

Building Features:

  • Style: Townhouse
  • Building Type: Row / Townhouse
  • Construction Style - Attachment: Attached
  • Flooring Type: Carpeted, Laminate, Vinyl
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning
  • Appliances: Dishwasher, Dryer, Range - Gas, Microwave, Washer

Property Features:

  • OwnershipType: Strata
  • Property Type: Single Family
  • Bedrooms: 4
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Built in: 2023
  • Community Features: Pets Allowed, Pet Restrictions, Pets Allowed With Restrictions, Rentals Allowed
  • Utility Type: Hydro - Available, Water - Available, Sewer - Available, Natural Gas - Available, Telephone - Available, Cable - Available
  • Zoning Type: Unknown
  • Sewer: Municipal sewage system
  • Parking Type: Attached garage
  • No. of Parking Spaces: 2

Rooms:

  • Bathroom 2nd Level Measurements not available
  • Bathroom 2nd Level Measurements not available
  • Bedroom 2nd Level 9'8'' x 10'8''
  • Bedroom 2nd Level 9'2'' x 11'2''
  • Primary Bedroom 2nd Level 13'6'' x 14'6''
  • Other 3rd Level ' x '
  • Bathroom Basement Level Measurements not available
  • Bedroom Basement Level 18'8'' x 11'11''
  • Den Main Level 7' x 13'4''
  • Bathroom Main Level Measurements not available
  • Dining Main Level 12' x 8'
  • Living Main Level 18'10'' x 14'7''
  • Kitchen Main Level 11'8'' x 18'

Courtesy of: Coldwell Banker Horizon Realty

REALTOR.ca  

Potential Investment Performance

Cumulative ROI

98.6%

Cumulative Market Appreciation

$248,625

Net Operating Income in Year 5

$36,393

Cash on Cash Return in Year 5

-3.3%

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
%
$179,980
Mortgage Amount $719,920
Mortgage Payment
%
$3,735

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 $1,016
Net Operating Income $2,655
Debt Service
Mortgage Payment $3,735
Net Cash Flow -$1,079

Cap Rate

3.54%

Acquistion Costs

Down Payment $179,980
Land Transfer Tax $15,998
Legal Fees $1,500
Adjustments $0
Appraisal $500
Total Acquisition Costs $197,978

Components of Return

Potential Returns

Year 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Investments
Down Payment $179,980 - - - - - - - - -
Closing Costs $17,998 - - - - - - - - -
Mortgage Paydown $11,201$11,739$12,303$12,895$13,514$14,164$14,845$15,558$16,306$17,090
Total $209,179$11,739$12,303$12,895$13,514$14,164$14,845$15,558$16,306$17,090
Cash Invested $209,179$220,918$233,222$246,117$259,632$273,797$288,642$304,201$320,508$337,598
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 -$12,193-$12,496-$12,806-$13,125-$13,452-$13,788-$14,132-$14,485-$14,847-$15,219
Mortgage Payment -$44,824-$44,824-$44,824-$44,824-$44,824-$44,824-$44,824-$44,824-$44,824-$44,824
Net Cash Flow -$12,955-$11,936-$10,886-$9,802-$8,685-$7,532-$6,344-$5,119-$3,856-$2,553
Returns
Property Price Appreciation $44,995$47,244$49,606$52,087$54,691$57,426$60,297$63,312$66,478$69,802
Mortgage Paydown $11,201$11,739$12,303$12,895$13,514$14,164$14,845$15,558$16,306$17,090
Net Cash Flow -$12,955-$11,936-$10,886-$9,802-$8,685-$7,532-$6,344-$5,119-$3,856-$2,553
Total Return $43,240$47,047$51,024$55,179$59,521$64,057$68,798$73,751$78,928$84,339
Cumulative Return $43,240$90,287$141,312$196,492$256,013$320,071$388,870$462,621$541,550$625,889
Investment Metrics
Cumulative ROI 20.7% 40.9% 60.6% 79.8% 98.6% 116.9% 134.7% 152.1% 169.0% 185.4%
Cash On Cash -6.2% -5.4% -4.7% -4.0% -3.3% -2.8% -2.2% -1.7% -1.2% -0.8%
QuickQuoteTM Powered by RPS

Location of 720 Valley Road Unit# 46, Kelowna, British Columbia, V1V 0E1

Demographic Information of 720 Valley Road Unit# 46, Kelowna, British Columbia, V1V 0E1

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$103,707.09

Average Number of Children

1.43

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

7.92 %

High school certificate or equivalent

32.17 %

Apprenticeship trade certificate/diploma

7.37 %

College/non-university certificate

23.79 %

University certificate (below bachelor)

2.72 %

University Degree

26.01 %

Commuter

Travel To Work

By Car

84.67 %

By Public Transit

3.42 %

By Walking

6.35 %

By Bicycle

2.72 %

By Other Methods

2.84 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.98 %

Houses

58.02 %

Own Vs. Rent