$ 689.000

3031 Louie Drive Unit 401, Westbank

1 Photos

MLS®: 10308740

Added: 29 days ago

Property Details

This is a highly successful franchise fast food business in West Kelowna, BC. This Arby's Restaurant is positioned in a prime location along HWY 97 in Westbank. Owners are retiring. Consistent lM sales. Low royalty fees. The gross rent is approximately $9,100/month for 2800 SF. 5 years remaining on the existing lease expiring Dec 31, 2028. Open 7 days a week. Training can be provided. Employees are unaware of the sale. Please do not speak to employees or disturb the business. Easy to show with an appointment. (id:1945)

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Property Information

Sewer: Municipal sewage system
Zoning: Unknown
Photos Count: 1
Water Source: Municipal water
Structure Type: Other
Lease Amount Frequency: Monthly

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Nearby Places

Name	Type	Address	Distance
White Spot	Restaurant	2330 Hwy 97S #400	0.5 km
Westbank, British Columbia	It is 12 km to the west of Kelowna...		1.0 km
Boston Pizza	Restaurant	2563 Dobbin Rd	1.5 km
Tsinstikeptum Indian Reserve No. 9	9, is one of two Indian Reserves of the Westbank F...		2.1 km
Mission Hill Winery	Established in 1981 by Proprietor Anthony von Mand...		2.2 km
Mission Hill Family Estate Winery	Food	1730 Mission Hill Rd	2.2 km
Mount Boucherie	It is the remnants of a former stratovolcano creat...		3.4 km
Mount Boucherie Senior Secondary School	23 (Central Okanagan)...		3.5 km
Royal LePage Place	It was completed in 2007...		3.6 km
Old Vines Restaurant	Restaurant	3303 Boucherie Rd	3.8 km
Quail's Gate Estate Winery	Food	3303 Boucherie Rd	3.9 km
Quails' Gate Winery	Situated in the heart of British Columbia's Okanag...		3.9 km

3031 Louie Drive Unit 401 mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 3031 Louie Drive Unit 401. The current price of the property is $689,000, 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 $551,200. This would result in a monthly mortgage payment of $3,222 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	40
Certificate of Qualification	25
College	95
University degree at bachelor level or above	45

Neighbourhood Marital Status Stat

Married	225
Widowed	10
Divorced	25
Separated	15
Never married	95
Living common law	40
Married or living common law	265
Not married and not living common law	150

Neighbourhood Construction Date

1961 to 1980	125
1981 to 1990	15
1991 to 2000	20
2001 to 2005	10
1960 or before	10

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Penticton	612	$798.408
Naramata	81	$1.467.259
Okanagan Falls	73	$1.068.487

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