(250) 462-5464

$ 775,000 8778 PALMER PL

This listing presented by Nicholas Parker. Contact Nicholas by phone: (250) 462-5464 or email direct here.

Listing Info

Area: Summerland
Property Type: Single Family
Ownership: Freehold
MLS® Number: 176103
Bedroom: 5
Bathroom: 4
Year Built: 2018
Lot Size: 7040
Listing Status: Active
List Price: $ 775,000

Place Nearby (within radius 1.5 km)

5 BR / 4 BA Single Family – Summerland

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.

Construction Info

Taxes: 1423
Tax Year: 2018
Interior Finish: 2597
Exterior Finish: Fiber Cement Siding
Foundation: Yes
Basement: Full
Basement Dev: Fully Finished
Sewer: Connected
Water Supply: Municipal
Parking Covered: 1

Rooms Dimension

Living RoomMain14x13\\'5
Dining RoomMain8\\'1x13\\'5
Master BedroomMain13\\'7x11\\'8
Rec RoomLower16\\'8x11\\'2
Utility RmLower8\\'8x5
2pc BathroomMain
4pc BathroomLower
4pc BathroomLower
4pc EnsuiteMain

Listing Agent:





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