$ 1.899.888

545 Froelich Road, Kelowna

1 Photos

Bedrooms: 8
Bathrooms: 5
Living area: 2085 square feet

MLS®: 10303615
Type: Residential
Added: 83 days ago

Property Details

OPPORTUNITY FOR DEVELOPERS to purchase 2 lot land assembly, a total of 0.44 acres a multifamily development site zoned under UC. This corner lot land assembly is located in Rutland Central, close to Hwy 97. Currently, The 2 homes are tenant occupied and generating current rent of $9,340! This 6 storey multifamily building will provide 56 homes comprising a 2.10 FAR on 45,933 Sqft. Bonus FAR available up to 2.50 FAR. Distance to USC Okanagan is around 7 min and 8 min to Kelowna Airport. LAND ASSEMBLY: 2 LOTS: 545 Froelich Rd and 425 Leathead Rd. (MLS 10303540) (id:1945)

Best Mortgage Rates

Property Information

Sewer: Municipal sewage system
Zoning: Unknown
Heating: No heat
Stories: 1
Year Built: 1975
Living Area: 2085
Photos Count: 1
Water Source: Municipal water
Lot Size Units: acres
Parcel Number: 009-485-074
Structure Type: Multi-Family
Common Interest: Freehold
Parking Features: Surfaced
Tax Annual Amount: 3617.05
Lot Size Dimensions: 0.22

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Nearby Places

Name	Type	Address	Distance
Pearson Elementary	School	700 Pearson Rd	0.6 km
MarketPlace IGA	Grocery or supermarket	590 Highway 33 W	0.6 km
Rutland Centennial Park	Park	180 Rutland Rd N	0.6 km
The New Empress	Restaurant	590 Hwy 33 W #21	0.6 km
Pizza Hut	Meal takeaway	120 Dougal Rd	0.6 km
Latin Fiesta	Restaurant	400 Highway 33 West	0.6 km
KFC	Restaurant	520 British Columbia 33	0.7 km
Panago Pizza	Restaurant	590 Highway 33 West #29	0.7 km
Starbucks	Cafe	590 Highway 33 West	0.7 km
Chinese Laundry Restaurant The	Restaurant	340 Highway 33 W	0.7 km
DAIRY QUEEN BRAZIER	Restaurant	570 British Columbia 33	0.7 km
Zaru Sushi Japanese Restaurant	Restaurant	590 Hwy-33 W	0.7 km

Similar Houses Stat in Kelowna

We have found 6 Houses that closely match the specifications of the property located at 545 Froelich Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,150,000 and 2,400,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V1X3M7 postal code area of Kelowna British Columbia Canada.

545 Froelich Road mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 545 Froelich Road. The current price of the property is $1,899,888, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,519,910. This would result in a monthly mortgage payment of $8,884 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	25
University / Below bachelor level	10
Certificate of Qualification	30
College	80
University degree at bachelor level or above	35

Neighbourhood Marital Status Stat

Married	310
Widowed	85
Divorced	75
Separated	35
Never married	230
Living common law	90
Married or living common law	400
Not married and not living common law	425

Neighbourhood Construction Date

1961 to 1980	85
1981 to 1990	30
1991 to 2000	130
2001 to 2005	70
2006 to 2010	70
1960 or before	60

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