10 Jim Ogilvie Way

For Sale 61 Days
$14,200,000
beds
baths

10 Jim Ogilvie Way

For Sale 61 Days
$14,200,000
beds
baths

Highlights

Key insights

Description

Prime Investment Opportunity – Newly Constructed 39-Unit Multi-Family Apartment Step into a turn-key investment with this brand-new, purpose-built 39-unit apartment complex, offering a modern, low-maintenance asset with immediate income and long-term upside. Designed for broad rental appeal, the unit mix includes: 12 Three-Bedroom Units 9 Two-Bedroom Units 18 One-Bedroom Units Each unit is thoughtfully designed with quality finishes, functional layouts, and modern amenities to attract and retain tenants. The property features designated parking for all units and individual storage opportunity, increasing convenience for residents. This investment features a steady gross income with a Cap Rate of 4.6%. The New Construction means low maintenance with strong depreciation benefits. This property is ideal for investors seeking stable cash flow and long-term asset appreciation. Kimberley boasts strong market fundamentals with limited Inventory thus Increasing Demand, desirable Lifestyle Migration, and growing Population. It is a market with solid rental yields, room for capital appreciation, and a quality of life draw that fuels demand. It’s an ideal time to get in ahead of further growth, especially as lifestyle-driven migration and tourism continue to surge. Compared to over-saturated markets, Kimberley offers competitive cap rates for well-positioned income properties with the demand for quality rental sites outpacing supply. (id:55581)

Barry Benson of Royal LePage Rockies West,
#10354845
updated 1 month ago.
Houseful checked MLS® for data 1 month ago.

Home overview

Amenities / Utilities
  • Cooling
    Wall unit
  • Heat source
    Electric
  • Sewer/ septic
    Municipal sewage system
Exterior
  • Roof
    Unknown
Interior
  • Flooring
    Laminate
Location
  • Community features
    Family oriented, pets allowed, rentals allowed
  • Subdivision
    Kimberley
  • Zoning description
    Multi-family
Lot/ Land Details
  • Lot dimensions
    0.62
Overview
  • Lot size (acres)
    0.62
  • Listing #
    10354845
  • Property sub type
    Multi-family
  • Status
    Active
SOA_HOUSEKEEPING_ATTRS
  • Listing source url
    Https://www.realtor.ca/real-estate/28570630/10-jim-ogilvie-way-kimberley-kimberley
  • Listing type identifier
    Idx

Show less

The Home Overview listing data and Property Description above are provided by the Canadian Real Estate Association (CREA). All other information is provided by Houseful and its affiliates.
rbc logo
Lock your rate with RBC pre-approval
Mortgage rate is for illustrative purposes only. Please check RBC.com/mortgages for the current mortgage rates

$-37,867

/ Month
25 Years fixed, 20% down payment, % interest
$
$
$
%
$
%