Description
For more information & Photos go to Property Guys and enter ID #93596 Fantastic income property! Ski-in, Ski-out chalet within the prestigious Silver Star Resort! Can be rented out as a five-bedroom chalet or broken into two separate (2- and 3-bedroom) suites. Great base for winter skiing and summer mountain biking! Welcome to 145 Silver Queen Road! This full 3 storey home with Upper and Lower suites is nestled on a beautiful .18-acre lot on 'The Knoll' at Silverstar. Located near the top of the Silver Woods chair makes this a true ski-in, ski-out chalet. Nordic skiers can also start skiing right from the house! It is easy walking distance to the Village Center, Brewer’s Skating Pond, and Tube Town! Leaving the internal connecting access door open makes the chalet perfect for multi-family and larger groups. Closing the door allows the chalet to readily adapt to smaller rental groups and couples. The Lower unit offers 2 bedrooms (one queen room and one bunkroom), 1 bathroom, a functional kitchen and dining area, a cozy living room with a wood stove for warmth, an outdoor BBQ, and a sauna off the bathroom. The main floor of the Upper unit offers a large living and dining area, full kitchen, queen bedroom and bathroom. The soaring vaulted ceilings and large picture windows in the living and dining areas provide an abundance of natural light and views of the nearby ski slopes. This living area also includes a wood stove to keep things cozy. Relax in the hot tub on the partial wrap-around deck with sliding door access. The deck also has a BBQ. A full-size washer and dryer are located off the entrance hall. Upstairs there is a loft area with a couch and TV. The loft provides two more bedrooms (one queen and one bunkroom), and a third bathroom. Additional Features/Updates: - Lower suite has in-floor heating with smart thermostats for remote control. - External doors equipped with coded-entry deadbolts. - Roof was new in 2000 - Updated low-flush toilets throughout - Tile flooring in kitchen areas, carpet elsewhere. - Two wood stoves, two BBQs, and a firewood hoist to the deck. - Sauna and hot tub, two full kitchens (including 2 dishwashers), a clothes washer and dryer. - two ski storage sheds. - many of the couches fold out into extra beds. - Will sell fully furnished and outfitted for renting. CHALET/COMMUNITY INFORMATION: - On a shared laneway, i.e. shared winter plowing and maintenance costs - No Strata. - Can be rented as a 5 bedroom or 2 bedroom and/or 3 bedroom units. Internal dividing door and stairs. - Gross rentals, $>60,000 per year, mostly fully booked during the ski season with summer rental interest growing.
Facts and Features
Type
Multi Family Housing
SQFT
Units
Bedrooms
bathrooms
Status
Active
Monthly Income
Tenanted
No
Type
Multi Family Housing
SQFT
Units
Bedrooms
bathrooms
Status
Active
Monthly Income
Tenanted
No
Additional Details
- Asking Price
- $1,195,000
- Estimated Repairs
- $TBD
- Estimated ARV
- $TBD
- Property type
- Multi Family Housing
- Property Location
- North Okanagan BC
- Property status
- For Sale
- Tags
- Popular
- Asking Price
- $1,195,000
- Estimated Repairs
- $TBD
- Estimated ARV
- $TBD
- Property type
- Multi Family Housing
- Property Location
- North Okanagan BC
- Property status
- For Sale
- Tags
- Popular
Investment Type
-
As Is
-
BRRRR
-
Cashflow
-
Fix and Flip
-
House Hacking
-
Short Term Rental
Rental Income
The total income for this property is:
Get In Touch With the Seller
Location
Map
xxx Silver Queen Rd,
V1B
Map
xxx Silver Queen Rd,
V1B
Mortgage calculator
Financial Review
Financial Analysis
Unfortunately there isn't enough information to determine the IRR and other financial factors. Contact the owner to get the necessary infomration.
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Financial Analysis
Unfortunately there isn't enough information to determine the IRR and other financial factors. Contact the owner to get the necessary infomration.
Need help With Financing? (Let's Partner)
Drop us a note about this property and we can discuss the different options available for partnership!
Reach us here by phone or email
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