8621 Cedar Ave, Summerland, British Columbia V0H1Z2

$875,000
4
BD
4
BA
3,134
SqFt
List Price
$875,000
MLS®
187786
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
4
Living Area
3,134
Lot Size
6,534
Subdivision
Su Main Town

Property Description

Attention investors, amazing return on this two year old single family home with an income producing suite. Main house is leased until September 2022 at a rate of $3500/month plus utilities, and the suite is at $1250/month plus utilities - total gross monthly income at $4750/month. Quality finishing throughout, bright open spaces on the main floor with gas fireplace, quartz countertops, huge kitchen plus a large den that could become a fourth bedroom for the main house. Upstairs features a large master suite with walk in closet and en suite bathroom, two additional bedrooms and a rec room with views out over the orchard across the street. The legal secondary suite has a well thought out layout with the kitchen/living area on the main floor, with the bedroom, bathroom and laundry above - this creative design limits the amount of sound transfer between the units ensuring that the upper floor is above their own living space. (id:2579)

Additional Information

Ownership
Freehold
Heating Fuel
, ,Natural gas
Garage
Yes
Subdivision
Su Main Town
Construction Materials
Wood frame
Levels
2
Cooling
Central air conditioning, Ductless
Fireplace Features
Conventional
Country
Canada
Sewer
Municipal sewage system
Community Features
Quiet Area
Heating
Forced air, Heat Pump,
Fireplace Fuel
Gas
Stories
2
Lot Size
6,534
Attached Garage
Yes

Listing courtesy of ROYAL LEPAGE LOCATIONS WEST.

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