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British Columbia
Kelowna
720 Valley Road Unit# 49

$949,900

720 Valley Road Unit# 49, Kelowna, British Columbia, V1V 2E6

QuickQuote^TM: $821K - $1.1M

MLS® # 10330555

4 Beds

4 Baths

Property Information:

Discover the largest floor plan in the development, offering 2,363 sq. ft. of thoughtfully designed living space. Start and end your day with stunning sunrises and sunsets from your private rooftop patio, complete with gas hookups for effortless outdoor entertaining. The main floor features a bright den/office, a charming breakfast nook, a spacious family-style kitchen, and an inviting living room. Upstairs, you'll find two bedrooms, a full bathroom, laundry, and a generous primary suite with a walk-in closet and ensuite. The lower level offers flexibility with a fourth bedroom or family room, also with its own ensuite. A double side-by-side garage with a storage closet adds even more convenience. Located just minutes from downtown Kelowna, you'll be steps from green spaces and top-rated schools. Book your showing today! (id:27)

Building Features:

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

Property Features:

OwnershipType: Strata
Property Type: Single Family
Bedrooms: 4
Bathrooms: 4
Half Bathrooms: 1
Access Type: Easy access, Highway access
Amenities Nearby: Golf Nearby, Airport, Park, Recreation, Schools, Shopping, Ski area
Built in: 2023
Community Features: Pets Allowed, Pets Allowed With Restrictions
Features: Central island
Landscape Features: Landscaped, Underground sprinkler
MaintenanceFee Type: Insurance, Property Management, Other, See Remarks
View Type: City view, Lake view, Mountain view
Zoning Type: Unknown
Sewer: Municipal sewage system
Parking Type: Attached garage
No. of Parking Spaces: 2

Rooms:

Bathroom 2nd Level Measurements not available
Bedroom 2nd Level 9'2'' x 11'2''
Bedroom 2nd Level 9'8'' x 10'8''
Laundry 2nd Level ' x '
Bathroom 2nd Level Measurements not available
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''
Bathroom Main Level Measurements not available
Den Main Level 7'0'' x 13'4''
Kitchen Main Level 11'8'' x 18'0''
Dining Main Level 12'0'' x 8'0''
Living Main Level 18'10'' x 14'7''

Courtesy of: Coldwell Banker Horizon Realty

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Potential Investment Performance

Cumulative ROI

94.7%

Cumulative Market Appreciation

$262,439

Net Operating Income in Year 5

$36,120

Cash on Cash Return in Year 5

-4.2%

Assumptions

Market Appreciation Per Year

Rent Increase Per Year

Expense Increase Per Year

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 %	$189,980
Mortgage Amount	$759,920
Mortgage Payment %	$3,942

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	$1,037
Net Operating Income	$2,634

Debt Service
Mortgage Payment	$3,942

Net Cash Flow	-$1,308

Cap Rate

3.33%

Acquistion Costs

Down Payment $189,980

Land Transfer Tax $16,998

Legal Fees $1,500

Adjustments $0

Appraisal $500

Total Acquisition Costs $208,978

Components of Return

Potential Returns

	Year 1	Year 2	Year 3	Year 4	Year 5	Year 6	Year 7	Year 8	Year 9	Year 10
Investments
Down Payment	$189,980	-	-	-	-	-	-	-	-	-
Closing Costs	$18,998	-	-	-	-	-	-	-	-	-
Mortgage Paydown	$11,823	$12,391	$12,987	$13,611	$14,265	$14,951	$15,670	$16,423	$17,212	$18,040
Total	$220,801	$12,391	$12,987	$13,611	$14,265	$14,951	$15,670	$16,423	$17,212	$18,040
Cash Invested	$220,801	$233,193	$246,180	$259,792	$274,058	$289,009	$304,679	$321,103	$338,316	$356,356

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	-$12,445	-$12,753	-$13,069	-$13,393	-$13,725	-$14,066	-$14,416	-$14,775	-$15,143	-$15,520
Mortgage Payment	-$47,314	-$47,314	-$47,314	-$47,314	-$47,314	-$47,314	-$47,314	-$47,314	-$47,314	-$47,314
Net Cash Flow	-$15,698	-$14,684	-$13,638	-$12,560	-$11,448	-$10,301	-$9,119	-$7,899	-$6,642	-$5,345

Returns
Property Price Appreciation	$47,495	$49,869	$52,363	$54,981	$57,730	$60,616	$63,647	$66,830	$70,171	$73,680
Mortgage Paydown	$11,823	$12,391	$12,987	$13,611	$14,265	$14,951	$15,670	$16,423	$17,212	$18,040
Net Cash Flow	-$15,698	-$14,684	-$13,638	-$12,560	-$11,448	-$10,301	-$9,119	-$7,899	-$6,642	-$5,345
Total Return	$43,620	$47,577	$51,711	$56,032	$60,547	$65,266	$70,198	$75,353	$80,742	$86,375
Cumulative Return	$43,620	$91,197	$142,908	$198,941	$259,489	$324,756	$394,954	$470,308	$551,051	$637,426

Investment Metrics
Cumulative ROI	19.8%	39.1%	58.1%	76.6%	94.7%	112.4%	129.6%	146.5%	162.9%	178.9%
Cash On Cash	-7.1%	-6.3%	-5.5%	-4.8%	-4.2%	-3.6%	-3.0%	-2.5%	-2.0%	-1.5%