Lyndi Cruickshank & Associates - 250-809-1260

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Single Family in Summerland

$775,000.00
8778 PALMER PL - MLS® #: 176103
  • (145)
  • 212
  • 90
  • 5 Bedrooms
  • 4 Bathrooms
  • 2597 Sq Ft
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Lyndi Cruickshank & Associates
Contact Agent
250-809-1260

Property Type

Single Family

Description

Fantastic investment opportunity on this new home in Summerland with a legal one bedroom suite. The main house is leased at $2500/month, and the suite at $950/month generating $3450 per month in revenue creating a positive monthly cash flow no matter what the down payment. Attractive financing options available through the Summerland Credit Union offering 1.9% on a 3 yr term, or 2.4% on a 5 yr term which only increases the savings. Main floor features open concept living, a large kitchen, solid wood cabinets with soft close hardware, LED pot lights and large windows to allow plenty of natural light. Engineered hardwood, upgraded carpets, gas fireplace,the list goes on and on. 4 bedrooms, 3 bathrooms in the main house plus the one bedroom suite, peace of mind provided with the 2/5/10 new home warranty and hiking trails right outside your doors. Take advantage of over 50K in savings using the reduced interest rates,GST included. Seller will consider taking other properties in trade

Property Details

Subarea
SU Main Town

Taxes
1423

Tax Year
2018

Exterior Finish
Fiber Cement Siding

Lot
7040

Year Built
2018

Foundation
Yes

Basement
Full

Basement Dev.
Fully Finished

Water Supply
Municipal

Sewer
Connected

Rooms Dimension

RoomFloorDimension
Living RoomMain14x13\\'5
Dining RoomMain8\\'1x13\\'5
KitchenMain14x13\\'2
KitchenLower16\\'1x13\\'5
Master BedroomMain13\\'7x11\\'8
BedroomMain10\\'4x9\\'7
BedroomLower14\\'11x12\\'1
BedroomLower12\\'5x8\\'9
BedroomLower11\\'5x11
Rec RoomLower16\\'8x11\\'2
Utility RmLower8\\'8x5
2pc BathroomMain
4pc BathroomLower
4pc BathroomLower
4pc EnsuiteMain

Disclaimer:

Display of MLS data is deemed reliable but is not guaranteed accurate by the SOREB.

The trademarks REALTOR®, REALTORS and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS, Multiple Listing Service and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Listing data last updated date: 2019-01-11 17:10:03

Copyright 2010 by the South Okanagan Real Estate Board Ltd. and the REALTORS Association of South Okanagan. All Rights Reserved.

Listing Agent: WES STEWART, PREC*

Brokerage: ROYAL LEPAGE LOCATIONS WEST