$ 1.699.999

462 Valley Road, Kelowna

2 Photos

3pc Bathroom - 462 Valley Road, Kelowna, BC V1V2E5 Photo 2

Bedrooms: 4
Bathrooms: 2
Living area: 2040 square feet

MLS®: 10305327
Type: Residential
Added: 55 days ago

Property Details

Opportunity to purchase a large land assembly with solid rental income potential plus future upside as increased density multifamily development. 1.90 Acres (82,764 SF) land assembly, 7 titles. Located in Glenmore, in close proximity to Kelowna Golf and Country Club. This property comes under Village Centre (VC) Zoning ( FAR up to 2.05), which allows 6 storey apartments Townhomes/apartment combo or the possibility for mixed commercial. There are multiple developments underway in this area. Walking distance to all amenities, convenience stores, Save on Food, Banks, Starbucks, Tim Hortons, Dollar Store, McDonald and roughly 10 minutes drive to Downtown, UBCO, and Airport. (Total 7 homes included in this assembly - 444/450/456/462/468/474 Valley Rd,1990 Raisanen Rd) (id:1945)

Best Mortgage Rates

Property Information

Roof: Other, Unknown
Sewer: Municipal sewage system
Zoning: Unknown
Cooling: Central air conditioning
Heating: Electric
Stories: 2
Flooring: Carpeted, Ceramic Tile
Year Built: 1973
Appliances: Refrigerator, Range - Electric, Dishwasher
Living Area: 2040
Photos Count: 2
Water Source: Irrigation District
Lot Size Units: acres
Parcel Number: 006-474-896
Parking Total: 1
Bedrooms Total: 4
Structure Type: House
Common Interest: Freehold
Fireplaces Total: 1
Parking Features: Attached Garage
Tax Annual Amount: 3958.78
Exterior Features: Stucco
Fireplace Features: Wood, Unknown
Lot Size Dimensions: 0.26

Room Dimensions

Type	Level	Dimensions
Utility room	Basement	12' x 17'
3pc Bathroom	Basement	7' x 5'
Bedroom	Basement	12' x 11'
Family room	Basement	13' x 16'
Bedroom	Basement	10'6'' x 10'6''
Bedroom	Main level	12' x 10'
4pc Bathroom	Main level	6' x 12'
Primary Bedroom	Main level	12' x 12'
Dining room	Main level	14' x 9'6''
Living room	Main level	14' x 18'
Kitchen	Main level	9'6'' x 13'

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Nearby Places

Name	Type	Address	Distance
Tim Hortons	Cafe	1936 Kane Rd	0.3 km
Knox Mountain Park	There are 10 trails in the park of varying length ...		2.8 km
Poppadoms - Taste India!	Restaurant	948 McCurdy Rd #118	3.1 km
Apple Bowl Stadium	Stadium	1555 Burtch Rd	3.1 km
Apple Bowl	Besides hosting field events, it has a rubberized ...		3.1 km
JOEY KELOWNA	Bar	2475 British Columbia 97	3.2 km
Cactus Club Cafe	Restaurant	1575 Banks Rd	3.2 km
Holiday Inn Express Kelowna Conference Centre	Lodging	2429 Hwy 97 N	3.3 km
Benvoulin	Benvoulin is a neighbourhood in the City of Kelown...		3.4 km
Boston Pizza	Bar	2339 British Columbia 97	3.4 km
Denny's	Restaurant	2130 Harvey Ave	3.5 km
White Spot Kelowna	Restaurant	2190 Harvey Ave	3.5 km

Similar Houses Stat in Kelowna

We have found 6 Houses that closely match the specifications of the property located at 462 Valley Road with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 1,195,000 and 1,579,900, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the V1V2E5 postal code area of Kelowna British Columbia Canada.

462 Valley Road mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 462 Valley Road. The current price of the property is $1,699,999, 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 $1,359,999. This would result in a monthly mortgage payment of $7,950 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	55
University / Above bachelor level	10
Certificate of Qualification	10
College	70
University degree at bachelor level or above	75

Neighbourhood Marital Status Stat

Married	335
Widowed	170
Divorced	70
Separated	15
Never married	100
Living common law	65
Married or living common law	400
Not married and not living common law	360

Neighbourhood Construction Date

1961 to 1980	20
1981 to 1990	40
1991 to 2000	310
2001 to 2005	85
2006 to 2010	60

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