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8621 Cedar Ave | $875,000
Steve Janzen Agent Photo
Steve
Janzen
C. (250) 460-6677
P. (250) 493-2244
Phone Steve stewartgrouprealty.ca
ROYAL LEPAGE LOCATIONS WEST
484 Main St
Penticton, BC
Canada V2A 5C5

Details

%
Years (35 year max)
Years



Address 8621 Cedar Ave
AreaSummerland
Sub AreaMain Town
State/ProvinceBritish Columbia
CountryCanada
Price$875,000
Property TypeSingle Family
Bedrooms4
Bathrooms4
Floor Space3134 Square Feet
Lot Size0.15 Acres
Year Built2019
Parking2 Spaces, Double Garage, Addl Parking Avail
Taxes $4,965
Tax Year2020
MLS® #187786

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.

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Data Source: Statistics Canada

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