$ 1.200.000

1198 Raymer Avenue, Kelowna

8 Photos

Utility room - 1198 Raymer Avenue, Kelowna, BC V1Y5A1 Photo 2

Recreation room - 1198 Raymer Avenue, Kelowna, BC V1Y5A1 Photo 3

Kitchen - 1198 Raymer Avenue, Kelowna, BC V1Y5A1 Photo 4

Bedroom - 1198 Raymer Avenue, Kelowna, BC V1Y5A1 Photo 5

Full bathroom - 1198 Raymer Avenue, Kelowna, BC V1Y5A1 Photo 6

Bedroom - 1198 Raymer Avenue, Kelowna, BC V1Y5A1 Photo 7

Bedrooms: 3
Bathrooms: 3
Living area: 1700 square feet

MLS®: 10304866
Type: Residential
Added: 75 days ago

Property Details

LAND ASSEMBLY! PRIME LOCATION! This 5-lot assembly is located on the corner of Gordon/Raymer, 1 ACRE+, and has a total asking price of $8,400,000. There is potential for constructing a 6-story residential building with commercial on the ground level, under MF3 Zoning. This assembly's highly desirable location, strategic position on transit corridor, & its accessibility to key amenities, marks it as a premium development prospect! City indicates 1.8 FAR + bonuses up to 2.3 FAR. Must be purchased in conjunction with the other properties in the land assembly. Properties included in this assembly are 1198 Raymer Avenue, 1190 Raymer Avenue, 2670 Gordon Drive, 2680 Gordon Drive, & 2690 Gordon Drive. (id:1945)

Best Mortgage Rates

Property Information

Roof: Asphalt shingle, Unknown
Sewer: Municipal sewage system
Zoning: Unknown
Heating: See remarks
Stories: 2
Basement: Partial
Year Built: 1985
Living Area: 1700
Lot Features: Level lot, Corner Site
Photos Count: 8
Water Source: Municipal water
Lot Size Units: acres
Parcel Number: 002-888-921
Parking Total: 6
Bedrooms Total: 3
Structure Type: House
Common Interest: Freehold
Parking Features: Attached Garage, See Remarks
Tax Annual Amount: 3445.31
Bathrooms Partial: 1
Exterior Features: Vinyl siding
Community Features: Family Oriented
Foundation Details: See Remarks
Lot Size Dimensions: 0.14
Architectural Style: Split level entry

Room Dimensions

Type	Level	Dimensions
Living room	Main level	15'0'' x 20'10''
Utility room	Basement	4'5'' x 4'1''
Recreation room	Basement	11'3'' x 12'1''
Kitchen	Basement	11'0'' x 9'1''
Bedroom	Basement	8'6'' x 9'4''
Full bathroom	Basement	5'5'' x 6'1''
Bedroom	Basement	14'11'' x 13'2''
Primary Bedroom	Second level	9'1'' x 16'9''
Full bathroom	Second level	10'6'' x 6'5''
Partial bathroom	Second level	4'8'' x 5'5''
Kitchen	Main level	12'6'' x 13'10''
Other	Main level	27'2'' x 17'6''
Dining room	Main level	13'7'' x 11'7''

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Nearby Places

Name	Type	Address	Distance
Kelowna Secondary School	Kelowna Secondary School is a public high school i...		0.3 km
Okanagan College	Established in 1963, Okanagan College has since gr...		0.5 km
Okanagan College	School	1000 K. L. O. Rd	0.6 km
Immaculata Regional High School	School	Kelowna	0.8 km
Immaculata Regional High School	It was under the direction of the Kelowna Catholic...		0.8 km
Hansen's Classic Pizza	Meal takeaway	605 K. L. O. Rd #5	1.1 km
Hector's Casa	Restaurant	2911 Pandosy St	1.2 km
Good Earth Coffeehouse	Cafe	2949 Pandosy St	1.2 km
Chutney Cuisine of India	Restaurant	3011 Pandosy St	1.2 km
McDonald's	Restaurant	3100 Lakeshore Rd	1.3 km
Tim Hortons and Cold Stone Creamery	Cafe	3255 Lakeshore Rd	1.4 km
The Fixx Cafe & Pasta Bar	Cafe	3275 Lakeshore Rd	1.4 km

Similar Houses Stat in Kelowna

We have found 6 Houses that closely match the specifications of the property located at 1198 Raymer Avenue with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 749,900 and 1,149,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V1Y5A1 postal code area of Kelowna British Columbia Canada.

1198 Raymer Avenue mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 1198 Raymer Avenue. The current price of the property is $1,200,000, 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 $960,000. This would result in a monthly mortgage payment of $5,611 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	25
Bachelor's degree	80
University / Above bachelor level	20
University / Below bachelor level	10
Certificate of Qualification	40
College	95
University degree at bachelor level or above	125

Neighbourhood Marital Status Stat

Married	420
Widowed	65
Divorced	55
Separated	15
Never married	165
Living common law	70
Married or living common law	500
Not married and not living common law	295

Neighbourhood Construction Date

1961 to 1980	140
1981 to 1990	190
1991 to 2000	15
2006 to 2010	10
1960 or before	10

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