145 Silver Queen Rd, Vernon, BC - Income Property

xxx Silver Queen Rd

Asking: $1,195,000

Repair: $TBD

ARV: $TBD

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

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

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

Oliver Beddows Oliver Beddows

Sales Executive

  • 4.8/5
  • (67 reviews)
[email protected] 123 900 68668

Location

Map

xxx Silver Queen Rd,
V1B

Mortgage calculator

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Financial Review

Financial Analysis

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